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Asking Price
£550,000
Description
A quite beautiful and extremely spacious seven-bedroom hotel occupying a stunning and imposing freehold period Victorian townhouse property standing in an extremely prominent position on the fringe of Worksop town centre. The Dukeries Park Hotel is a well-known business with an excellent reputation, having been awarded the prestigious AA 4 Diamond in 2006. The business provides accommodation and breakfast facilities for a wide range of professional commercial clients over a five day, Monday to Friday period only. The Hotel is licensed to serve alcohol to residents and offers luxurious en-suite Bed & Breakfast accommodation for up to 12 paying guests, alongside spacious separate en-suite facilities providing an excellent standard of living for the owners. The Hotel has been owned and successfully operated by our clients since 1991, and, somewhat unusually, is open only from Monday to Friday for professional clientele, constantly trading at approximately 80% occupancy over the five day week. The business is not advertised or marketed by our clients, relying instead on reputation, word of mouth and recommendations to deliver the excellent level of repeat custom leading to the high percentage occupancy. The Dukeries Park Hotel is operated at a comfort level to suit the lifestyle of our clients, and would clearly benefit significantly from a programme of marketing and advertising to take advantage of it's superb location and appealing to tourists and holidaymakers, with the possibility of increasing trading to include weekends. Our clients currently choose not to provide Bar or Restaurant meals in the evening - an additional area of the business clearly ripe for development. The business is now offered for sale due to the retirement of our clients at what we consider to an extremely realistic asking price, presenting an exciting and very unusual opportunity for the enthusiastic and entrepreneurial new owners to acquire a superb business, investment and lifestyle of the very highest quality, ripe for significant further development with a high level of income genuinely achievable. Premises: Very spacious, quite beautifully and tastefully presented, four storey Victorian period Townhouse Hotel premises built circa 1848, furnished and fitted to the very highest of standards, and very briefly comprising: Ground Floor: Beautiful entrance hall leading to spacious customer dining room with seating for 12. Large lounge with fully fitted bar area and conservatory. Large, beautifully fitted kitchen. Separate owners snug and office. Store room and utility area with fridges, freezer, washer/dryer etc. First Floor: Owners double bedroom accommodation with walk in wardrobes and en-suite bathroom. Separate wc. Half landing leading to: Second Floor: Guest bedrooms - 2 double and 1 single guest bedrooms, all with en-suite facilities. Third Floor: Guest bedrooms - 1 triple, 1 double and 1 single guest bedrooms, all with en-suite facilities. Basement: Spacious storeroom area. External: Large secure car park to the rear of the premises for up to 8 vehicles, accessed by a private drive and electric gates. Private yard. Please Note: The Hotel has benefited from continuous re-investment by our clients, having been maintained and improved to the very highest of standards, and has provided them with a luxurious lifestyle throughout their ownership since 1991. Tenure: The business and property is offered on a freehold basis. Viewing: Please telephone this office on 0114 2356600 and we will arrange a suitable time for both parties. Offers: All offers are for the freehold business and property, goodwill, fixtures and fittings and should be made to this office. Finance: If you need help or advice please contact us. Our in-house Finance Department specialises in arranging the funding of business purchases such as this. Terms & Conditions: Please read our Terms & Conditions on the reverse of page 1 of this document before proceeding.
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