Traditional Hotel Pub Restaurant
Description
The property comprises a detached three storey building constructed in approximately 1880. The
building is built of rendered brick with a pitched tile roof. Fenestration is single glazed and sash in part.
Internally, the ground floor provides a central bar servery with seating areas surrounding. There is a separate restaurant area to the right of the bar. Kitchen and WC facilities are located at the rear. The cellar is at basement level. Letting rooms are then arranged over first and second floor levels. The hotel has a total 21 letting bedrooms (4 singles; 9 doubles; 8 twins).
Planning
Our informal planning enquiries confirm that the premises is permitted as a hotel (Use Class C1). The property is not listed nor is it situated within a Conservation Area.
Premises License
The property has been granted a Premises Licence in accordance with the Licensing Act 2003.
The Business
The Station Hotel operates as a coaching inn providing a variety of rooms which appeal to contractors working in the area on weekdays, couples visiting for weekend breaks as well as tourists visiting the wider area. The room rates for the hotel fluctuate dependent upon the time of year.
We can confirm that financial year end March 2019, the hotel had a turnover in the order of £420,000 (Net of VAT), with a split percentage between accommodation, food and beverage of 50:2:48 respectively. More information on the hotel’s trading performance will be provided to seriously interested parties upon request and status.
Fixtures & Fittings
The fixture and fittings are included and the premises will be sold ‘as seen’ less any personal items.
Rating
The subject property is entered in the 2017 Rating List with a Rateable Value of £28,500.
The National Multiplier for England and Wales for 2021/22 is £0.512.
Tenure
Freehold. The property will be sold as a going concern. TUPE regulations will therefore apply.
EPC
The EPC has been commissioned and will be provided upon request.
Guide Price
Offers are invited in the region of £850,000. It is anticipated VAT will not be applicable.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, the preferred purchaser will be required to provide identification and proof of address, prior to exchange.
Viewing
All viewings must be arranged strictly by appointment with the sole agents Savills.
EPC exempt - EPC has been commissioned, will be available in less than 28 days
Floor / Unit | Type | Size | Status |
---|---|---|---|
Building | - | 0.05 Acres | Available |