Popular Hotel/Wedding Venue in Cheshire For Sale
- Asking Price: £285,000 +SAV
- Turnover: The business generates a turnover in the region of £375,000 per annum, with a gross profit of approximately 74%.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this superb hotel, restaurant and wedding venue business, which was established by our client in 2003. Only now is the business being offered to the market due to our clients family commitments. The business operates all year round and generates a turnover in the region of £375,000 per annum, with a gross profit of approximately 74%. Our client specialises in weddings, functions and conferences to name a few. The property is licensed for weddings, with a unique purpose built chapel. The property also boasts 11 en-suite letting rooms, all of which overlook the beautiful landscaped gardens. The business only accommodates one wedding per day and can accommodate 100 guests for a sit down wedding breakfast and 160 for an evening reception. Our client can also provide a marquee set within the grounds, for approximately 300 guests. The business has 75 weddings booked for this year along with various other functions and events and 25 already booked for next year. This wedding venue has become one of the most popular in the region as our client offers extremely good value wedding packages. The 2 conference suites can accommodate up to 100 delegates, or there are smaller rooms for more private meetings for up to 12 persons. The rooms offer up-to-date facilities including a projector, screen and DVD with surround sound, as well as Wi-Fi in all public areas. The property has been superbly renovated and is maintained to a very high standard throughout. The property also offers secluded stone built managers accommodation with a lounge, bathroom, two bedrooms and a kitchen, with a private garden and garage. The business has built up an enviable reputation within a wide area for the excellent services offered, which has resulted in a loyal client base with a good amount of repeat trade and word of mouth recommendations. The hotel has an extensive website, with on-line booking facilities, which also gives in-depth details of the business and services provided. There are many excellent visitor reviews recorded on both the hotel website and TripAdvisor. We feel there is scope to increase the turnover be embarking on a modest marketing campaign to highlight the business and the services offered. There is also the opportunity to open the restaurant side of the business to the public, which could also increase the turnover. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
The business is owner run and managed with family members, 4 x full time and 12 x casual staff members.
The business operates all year round.
This popular hotel/wedding venue occupies substantial three-storey premises, ideally located in Cheshire. The property is set in 4.5 acres of land and situated in a stunning rural location with views over the surrounding countryside. The property benefits from a long private driveway with a security barrier, which leads to a large private car park monitored by CCTV cameras. The business has excellent access to the A-roads and motorways, with the business being located on A-road, which links to the national A-road and motorway networks.
Stone built period property in an ideal trading location, briefly comprising: Lower ground floor with: Large cellar. Ground floor with: Lovely entrance leading to reception area and small office.Dining room with 26 covers.Small lounge with bar.Large function room catering for 100 diners and 160 evening guests with a large reception area and bar, buffet room, large cloak room, WCs, disabled WC and baby changing area.Large fully equipped commercial kitchen with preparation room and dry store area.Laundry and boiler room.Bespoke and unique chapel, which was purpose built 2 years ago at a cost of £35,000. First floor with: 2 x single rooms.1 x twin room.1 x family room.5 x double rooms.1x Superior Suite.Shower room with WC and wash hand basin.3 x laundry rooms. All the guest rooms are en-suite facilities with TVs and tea/coffee making facilities. Second floor with: Large bridal suite. Private detached managers accommodation with: Lounge.Kitchen.Bathroom.2 x bedrooms.Private garden. External with: Large walk in fridge & freezer and prep area.Private and secluded mature gardens.Outbuildings for storage.Large car park and private drive.
We are advised Leasehold: Original lease length: 30 years.Remaining lease length: 18 years.Review every: 5 years (Last review done April 2015)Rent: £60,000 per annum.