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this is an exceptional investment opportunity for new owners to take a recently opened hotel, restaurant and well established bar and maximise the potential that this business offers. The bar was established in 1982 and is located just 5 minutes from the centre of hull on one of the busiest roads leading into the city. It is also just minutes away from the main football/rugby stadium and on match days benefits from a huge amount of passing footfall. The owner after receiving local authority permits in 2008, decided to convert the building into a hotel with nineteen rooms all having undergone a major refurbishment. They are attracting both tradesmen and travellers during the week and are dealing with the budget end of the market. All rooms are en-suite and the hotel is central heated. On the ground floor there is a main public bar which is fully licensed until 4.00am although the bar tends to close earlier during the week and stays open until 2.00am on fridays and saturdays. There are two extra rooms adjoining the main bar area, one which is used as a breakfast room and the other room can be used for private functions with its own separate bar area. This is used as a dining room area at present but could be converted into a restaurant area for the public if new owners wished as there is a fully equipped and functional professional kitchen. The hotel and bar provides a well priced “no frills” evening meal menu to its residents and has recently introduced a sunday lunch menu to the general public with great success. There is an all day snack menu available to the general public with sandwiches, burgers, chips etc on offer. The owner has invested heavily in creating the hotel from scratch. All of the rooms have been decorated and have a comfortable feel to them with t.v. & tea/coffee making facilities in each room. New owners can build upon the successful start that the hotel has made and develop the hotel facilities further to achieve a greater financial return. The bar area and catering side of the business are just waiting for new owners with enthusiasm and new ideas to take the business to the next level. Equipment: all equipment, fixtures, fittings and furniture are included in the sale of this business. A full inventory is available to genuinely interested parties. Everything in the hotel is new since 2008, including, furniture, televisions and a fire alarm system with smoke detectors. The bar area is air conditioned and there is a pool table in the adjoining room. There is a fully functional professional kitchen with all of the necessary equipment in place as expected in an establishment such as this. Key strengths: they have established themselves as an excellent value for money hotel in the area in a short space of time. Turnover is growing a good rate and the forecast is for continual growth in the foreseeable future. The hotel runs a fully computerised booking system. Everything has been refurbished and established to a comfortable standard. Both the furnishings and the décor create an informal, friendly and welcoming atmosphere. New owners could walk straight in to the building with little or no expense necessary. The busy bar area has a pool table and satellite tv catering for sports and music during the week. Growth and expansion: this is an outstanding opportunity to build on the effort and investment that has been made into converting this hotel. The current owner has now reached retirement age and believes that new owners will benefit hugely from the solid foundations that have been laid into the transformation of the building. The main area of significant growth will come from developing the residents to spend more money on food and beverages in the bar and restaurant area. There is tremendous potential to convert one of the rooms into a restaurant and serve meals to the general public as well as the hotel residents. At present there is a basic no frills evening meal menu for the residents which could be extended. There is a basic snacks menu available at all times to the general public within the downstairs area is a separate function room with its own private bar area. This is only used occasionally and could bring in extra revenue if promoted for functions such as birthdays and weddings etc.

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