Location
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The property is an end of terraced property, arranged over three storeys with exposed brick construction.
Description
The property is an end of terraced property, arranged over three storeys with exposed brick construction
over a pitched clay tiled roof and mixed fenestration. The property has been extended over the years with
the creation of a number of separate buildings to the main premises itself.
Internally, the property comprises a large bar servery to the right of the entrance. There are various raised
seating areas with the kitchen at the rear. The main building together with the two additional outbuildings
provide a total of 34 letting bedrooms (14 singles 11 doubles 9 twins).
The Business
The Globe & Crown 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 the most recent financial year, the hotel had a turnover in the order of £510,000 (Net of VAT), with a split percentage between accommodation, food and beverage of 45:15:40 respectively. More information on the hotel’s trading performance will be provided to seriously interested parties upon request and status.
Planning
Our informal planning enquiries confirm that the premises is permitted as a hotel (Use Class C1). The property is not listed nor does it lie within a conservation area.
Rating
The subject property is entered in the 2019 Rating List with a Rateable Value of £59,000.
The National Multiplier for England and Wales for 2019/20 is £0.504.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Trade Area | Sold | ||
1st - Letting Rooms | Sold | ||
2nd - Letting Rooms | Sold | ||
3rd - Letting Rooms | Sold |