Available  

17 Bedroom Property for sale

Water End York, YO30 6LL

YO30 6LL, Water End, York, YO30, York

Sale Price: £1,100,000

Listed 15 days ago and may not be available Listed on 3/16/2015

 20 Castlegate, York,
*When you call don't forget to mention Houser.co.uk

Water End York, YO30 6LL

Property Summary:

Property
17 Bed(s)
-- Bath(s)
interested in this property.
 

Property description

This fantastic, seventeen bedroom hotel plus owner accommodation occupies a prominent plot which overlooks the Joseph Rowntree Foundation Park. Clifton Bridge Hotel offers exceptional, en-suite accommodation as well as ample parking to include thirteen on-site spaces and two additional on-street spaces. The vendor, who is selling owing to retirement plans, achieves an annual turn-over of £240,000. He runs and manages the property by himself. The guest house is offered for sale at a guide price of: £1.1 million. In addition to this is a £60,000 charge for fixtures and fittings. USEFUL INFORMATION: The hotel is managed and run by a single person. In order to provide excellent service and up-keep the restaurant and bar were both removed from the hotel; this meant that the manager could concentrate on providing breakfast to his guests. However both facilities can easily be reinstated with a fully functioning catering kitchen. The licencing of the hotel could be immediately re-established. POTENTIAL: To re-open the licenced restaurant and bar to generate potentially a large amount of additional, profitable income. CALCULATIONS OF COST: Capital cost of each room approximately: £64,700 based upon 17 letting bedrooms. 24% gross income approximately.

Deluxe Single Room
*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)

Deluxe Double/Twin
*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)

Deluxe Family (sleeps 3)
*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)

Superior Family (sleeps 4)
*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)

Superior Family (sleeps 5)
*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)

Room prices
Room prices per night:Single room - £60.00Double and twin rooms - £90.00Family room (sleeps 3) - £120.00Family room (sleeps 5) - £160.00Family room (sleeps 7) £190.00

Property Features :

  • TO BE SOLD AS A GOING CONCERN
  • 17 bedrooms, all with en-suite facilities
  • The ability to re-instate a hotel bar and restaurant
  • 13 on-site car parking spaces plus additional on-street spaces
  • Perfect location for business and leisure travellers