- Business ID: 3133
- Price: £699,950 +SAV
- Annual Turnover: £95,000
- Business Category: Hotels & Guest Houses
- Location: Derbyshire
- Tenure: Freehold
- Living Accommodation: No
- EPC Rating: Awaiting Cert
Sovereign Business Transfer is delighted to bring to market The Maryland Hotel, Derby. A well-presented, family-run freehold guest accommodation business offering an excellent blend of immediate trading income and clear upside potential for an owner-operator, investor or developer.
Occupying a prominent position on London Road in Alvaston, Derby, the property benefits from strong accessibility and the valuable advantage of off-road parking to the front of the premises. Derby itself is a major UK city with a broad employment base and year round demand for accommodation from corporate and contractor stays, alongside leisure visitors.
The Maryland is arranged to provide 13 letting bedrooms, comprising 10 rooms with en-suite facilities together with three standard rooms which share two bathrooms. The property also offers a communal guest kitchen area and a separate kitchen for B&B preparation, creating a practical setup that suits both short-stay visitors and longer stay guests.
Additional features include a fully tanked cellar, a garage, and a beautifully presented garden area with an outside toilet, adding useful storage and operational flexibility. The business is also well equipped from an operational and compliance standpoint, with a 14-camera CCTV system, a fire alarm system that is tested and up to date, and a valid electrical certificate for the premises.
The business currently generates annual turnover in the region of £95,000, with accounts available to genuine parties upon request. Bookings are primarily generated through Booking.com, supported by repeat custom, with SpareRoom.co.uk recently introduced to further enhance occupancy and longer stay demand.
A new owner will immediately see several straightforward opportunities to increase revenue. There is clear scope for additional marketing to grow occupancy and rates, including driving more direct bookings, developing local corporate and contractor relationships, and expanding online presence. The property may also lend itself to hosting functions and private hire, with potential to position for small celebrations and weddings, subject to a buyer’s preferred concept and any relevant permissions. There is further scope to refresh or reconfigure the spacious breakfast area, and to explore renewing the alcohol licence, subject to the appropriate licensing process.
For investors and developers, the freehold nature of the asset also offers potential alternative use value, including the possibility of HMO use or similar, subject to obtaining the relevant planning consents and approvals.
The reason for sale is genuine retirement. Viewing is strictly by appointment through Sovereign Business Transfer, and interested parties are respectfully asked not to approach the property directly so as not to disrupt trading.
- Freehold hotel/B&B in Derby with off-road parking
- 13 rooms (10 en-suite)
- Communal kitchen plus B&B kitchen
- Tanked cellar, garage and garden
- Turnover circa £95,000 p.a.
- Significant scope to increase revenues and explore alternative use (STPP).
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