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Business For Sale

FreeholdHermitage, WaterfallPrivate Two Star Hotel

Plymouth, United Kingdom, GB

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,250,000
Not Disclosed
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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240814382

Business for Sale Overview:

This hotel is located within a few minutes walk of the city center and within easy reach of Plymouth Hoe. The imposing Grade Two listed building is over two hundred years old and the character and feel that you would expect from a hotel of this age and standing. Over recent years the building and rooms have been subject to substantial renovation and the purchaser will be acquiring a business requiring little further attention. Every one of the twenty-one bedrooms has been fully redecorated and benefits from an en suite bathroom, coffee and tea making facilities and a flat screen color television. Guests and non-residents can enjoy a drink in the atmospheric oak paneled bar prior to dining in the restaurant that can cater for circa seventy covers at any one time. The hotel is a free house and has no ties to any suppliers. Key to the catering success has been the extensive refit of the kitchen. A state of the art extraction system complements new cooking ranges, fridges and preparation areas and creates a comfortable working environment for the chef.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

N.A.

Market Competition and Expansion:

The hotel does have a web site.

Reason for Selling:

The owners have decided to retire.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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