PRIVATE 'FREE OF TIE' LEASEHOLD 14 BEDROOM HOTEL

PriceTenureReferenceLocationPosting date
£49,950.00 Leasehold 7899L Herefordshire 19-03-2017
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  • Prominently positioned in the heart of the City, opposite the Bus Station and close to all amenities.
  • Public Bar (circa 30-40) is a traditional area with an open fire, carpets and bar servery.
  • Delightful Restaurant/Breakfast Room/Function Room (circa 50) with easy access to the kitchen.
  • 14 En-Suite Letting Bedrooms.
  • Patio Terrace Area with seating for 30 customers.
  • Huge Catering Kitchen and Laundry Room.
  • Advised turnover circa £282,000 (incl. VAT) for year ending 12/16 with a trade split of 60% letting, 20% wet and 20% food.
  • 13 years remaining on a 'free of tie' renewable lease with a rent of £30,000.
AN EXCELLENT OPPORTUNITY TO ACQUIRE A THRIVING 14 BED HOTEL

 

ASKING PRICE £49,950 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

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