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Business For Sale

Freehold West Country Coastal Hotel -£825,000

Devon, United Kingdom, GB

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,300,173
Not Disclosed
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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0
613514382

Business for Sale Overview:

This well established hotel and restaurant occupies a stunning seafront location in one of the most beautiful coastal locations in Devon. Not only does it enjoy panoramic sea views but is also surrounded by a thriving local community with many shops and attractions that cater for local residents and the large number of tourists that visit the region every year. It benefits from a residents car park and the room for further development of the existing facilities. A hotel has been in existence on this site for many years and the present owners have recently invested several hundred thousand pounds to facilitate a substantial refurbishment programm. This has been extremely successful, and the purchaser will acquire the premises in truly enviable accommodation. The six en-suite hotel rooms have superb facilities including bath, shower, flat screen digital TV, internet connection, telephone and tea and coffee making facilities. The layout of the building encourages passers by to call in for a coffee and a snack or perhaps stay and dine in the more intimate surroundings of the Restaurant. The hotel has adopted a policy of only using local produce wherever possible and has established an enviable reputation for serving superb cuisine in a restaurant with an atmosphere that has proved irresistible to residents and local customers many of whom come back time after time. The reputable independent restaurant facility enjoys the benefit of a large external seating area that generates significant summer trade.

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.

Market Competition and Expansion:

The hotel has a beautiful and well managed website.

Reason for Selling:

sell the Hotel to take semi retirement.

Additional Details:

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

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