Total of 18659 firms and businesses for sale today Monday 13th May 2024
Sold. Freehold 23 Bedroom Seafront Hotel With Owner’s Accommodation
LISTING DETAILS
Firms For Sale ID:
26445
Vendor reference:
AC256
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£350,000
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
OTHER DETAILS
Reason for selling:
The current vendor is a professional from another industry and bought the Hotel never intending to operate it himself. He has reached the early stages of retirement and feels the Hotel would benefit from ownership by a dedicated professional from the hospitality sector. The owners will provide full business familiarisation, training and handover.
Support and training:
The owner of this flourishing business will provide full training and ongoing support, as required, on all aspects of the business when the handover takes place and will ensure the successful purchaser is fully conversant with the operation of the business in order that it may continue to be successful and growth is achieved.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Family Run, Centrally Situated, Freehold 23 Bedroom Seafront Hotel with owner’s accommodation
Ref.AC256
Location Argyll, West Coast of Scotland
Asking Price £ 350,000
This superbly positioned hotel has earned a reputation for low cost, good value accommodation, attracting contract workers needing weekly accommodation to tourists staying for just a few nights. The friendly and helpful staffs ensure that the welcome is always warm and inviting. The hotel benefits from stunning views of the Clyde Estuary to the front of the Hotel and easily accessible transport links to the Scottish Central Belt.
The hotel offers accommodation at affordable rates, supported by a reputation for good quality service. Situated close to many tourist areas and local amenities it is perfect for all types of short breaks from golfing holidays to water sports or walking.
The majority of rooms boast en-suite bathrooms, all have hand wash basins with hot/cold water, tea and coffee facilities and LCD colour televisions are standard.
The Hotel comprises of
• 23 Bedroom
• Big Seafront Facing Lounge and Dining Room
• Large Seafront Facing Fitted Kitchen
• Relaxation area
• Seafront Garden/Outdoor seating with parasols. Barbeque facilities
• Fire Alarm
• CCTV cameras (internal and external) with digital 24 hr recording
• Free Parking
This Business presents a superb opportunity to acquire a property and business of value, substance and credibility, offering a genuine return on investment.
Expansion Potential
The owners have decided, rather than take the business on to the next level; they will leave the growth to the new owner. The business is turnkey, with a relatively short learning curve for the new buyer and a knowledgeable service driven Owner would easily make that transition.