Property description
Available to rent for a minimum of 5 years. This fantastic, seventeen bedroom guest house plus owner accommodation occupies a generous 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 owner, whilst preferring to sell will, subject to satisfactory covenants, lease this hotel and grant an option to the tenant to purchase the freehold. Retirement prompts the hotelier to adding this fantastic option to enable him to move on. Achieving an annual turn-over of circa £240,000. He runs and manages the property by himself. Therefore it is perfectly clear that there is huge potential in growing and adding value to this business. The hotel is offered for sale under option at a guide price of: £1.1 million. In addition to this is a £60,000 charge for fixtures and fittings. There are also outline plans available for extra rooms to be created in the existing loft conversion.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. CALCULATIONS OF COST: Capital cost of each room approximately: £64,700 based upon 17 letting bedrooms. 24% gross income approximately.
Deluxe Single Room
Price: £80.00 per night*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)
Deluxe Double/Twin
Price: £80.00 per night (based on two people sharing)*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)
Price: £100.00 per night (based on 3 sharing)*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)
Price: £110.00 per night (based on 4 sharing)*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)
Price: £130.00 per night (based on 5 sharing)*Private bathroom en suite*Colour television*Radio*Tea making facilities*Free Wi-fi Internet access*Hairdryers*Ironing facilities (available on request)
Property Features :
- AVAILABLE TO RENT FOR A MINIMUM OF 5 YEARS WITH OPTION TO BUY
- Licensed HOTEL - 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