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Business for sale in United Kingdom - Ac273-freehold 18-bed hotel, restaurant & bar bedrooms all ensuite, wedding venue suite, two conference rooms & entertainment room - all in circa 8 acres with gardens and waterfalls, outstanding scenery and views-northern ireland

Asking Price: 2,825,000 £ Real Estate: Ownership
Sales Revenue: 800,000 £
Net Profit: 1 £
Year Established: 2000
Employees: 4FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/Northern Ireland/Northern Ireland

Business types:

Accommodation & Food services

Business categories:

Hotels & Motels ; Other Accommodation & Food Services ; Restaurants

Business description

This superb and reputable family run hotel has been a landmark in this unique location for many years. Situated on a main road the hotel offers guests comfortable accommodation with spectacular views overlooking the nearby river. The hotel is centrally located close to to many tourist attractions so is ideally situated for the many visitors that flock to the area. The high quality food, service levels and accommodation guests receive from the staff at the hotel ensures it has very good occupancy rates all year round. the hotel has 4 meeting and conference rooms attracting businessmen for many miles to use the facilities. The largest conference room accommodates up to 500 and is ideal for larger presentations and gala dinners. as well as being used for overnight accommodation and business conferences the hotel is also a most popular venue for weddings, big band evenings and other celebrations. thirty five weddings are booked for this year 2010, with circa 180 people per wedding at an average spend of £30 per head. Friday nights are big band nights which draw in approx. 500 people, bringing in excellent revenue from the bar sales. The big band night is not operated during the peak wedding season. the conference and function suites currently account for more than 50% of the turnover, whilst the restaurant provides first class food, fine wine and attentive service in relaxing surroundings. Plenty of on site off road parking is available for the convenience of the guests. accommodation : eighteen large modern en-suite bedrooms provide a range of comfortable accommodation. The rooms are individual and decorated and furnished to a high standard, providing guests with a luxurious comfortable room to relax in. All bedrooms are: • ensuite • direct dial telephone • remote control television • trouser press • ironing facilities • hairdryer • safe • tea and coffee facilities conference facilities: the hotel offers the perfect choice for conferences, events and meetings with four meeting and conference rooms accommodating a varying number of people depending on the function being catered for ie: dances, functions and conferences or weddings. The hotel is very competitive with an appointed conference co-ordinator to ensure client’s meetings run smoothly. This can include everything from the day delegate rate plus overnight accommodation, 3 course dinner in the restaurant and a full english breakfast. this turnkey business opportunity will undoubtedly appeal to a wide section of investors and entrepreneurs and offers a solid platform for a new operator to develop further. equipment: the business owns and maintains a variety of equipment and inventory, necessary in the daily operation of the hotel including a fully computerised accounting system. It is expected that all such inventory will be included in a successful sales package. customer service: the loyal and experienced staff provide a professional and personal service to guests. key strengths: the key strength of this hotel is its central and scenic location, and its long established reputation for good food, bar, big bands & weddings. this ensures it is the desired accommodation and meeting place for locals and visitors to the area. The hotel has excellent staff in place and an outstanding reputation with room for further improvement by a new owner. growth and expansion: this hotel offers an enthusiastic new owner great potential for growth with everything sitting ready to go. The hotel has advanced occupancy of 40%, which could be increased in the future. If professionally run by the new owner and with more emphasis placed on marketing this would encourage guests to return and make new referals. ). Further investment in advertising the dining room facilities and menu could also attract more people and in turn could lead to additional hiring out of event facilities. A new owner could also choose to redevelop the hotel and invest in 30 additional ensuite bed-rooms, (planning already obtained

Additional information

Additional information: Not Disclosed
Support & training: The vendor is happy to provide support and training for the new owner to ensure a smooth handover of ownership.
Reasons for selling: To concentrate on other business activities.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: The Freehold premises including the Hotel building, car park and furnishings are all in good order with many features that make this building a true character property. The rooms are well laid out and the hotel has an impressive entrance lobby/vestibule with a reception area with open fireplace and seating. Doors lead to the spacious restaurant and comfortable lounge. The commercial kitchen is very well fitted with all the appliances and equipment necessary to run a Hotel of this standard. The premises comprise of a suite for weddings for circa 300 seated, a first floor function room seating approx 100, two drawing rooms the largest seating 100 people and the smaller 50. The site is circa 8 acres with beautiful gardens with waterfalls and spare ground to the rear of the property. Outside an added advantage is the large car park, making it an ideal venue for weddings Location Nestling in the foothills of Mountains, overlooking a river and hills beyond, the Hotel is the regions most popular base for leisure activities like walking, cycling, fishing and golf. An ideal location to discover the natural beauty of the area.

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