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Freehold 42 Bedroom 3* Hotel For Sale South Yorkshire Area

Posted by Trinder on December 2, 2022

Here at Sovereign our aim is to create a brand that is recognised UK wide, being at the forefront of the industry is our goal. But how do we achieve that? Well, firstly we market quality businesses from going up for sale with us through till completion. Therefore making sure we achieve our client’s financial goals and ambitions.

That brings me on to a wonderful business that is ‘live’ and for sale with Sovereign right now. We are delighted to market this extremely rare freehold and highly profitable and unique 3 star hotel, bar and restaurant which is conveniently situated in South Yorkshire close to the M1.

The current owner has built the business to be the success it is today, boasting a net turnover of £800,000. For over twenty years the present owner has developed a number of revenue streams in the business. The 42 bedroomed hotel currently runs at over 90% capacity. It also accommodates a very successful Wedding and Events trade which brings in local customer beneficial to both restaurant and bar areas.  

The restaurant and bar have become very popular in their own right, home to a number of its own sports teams. The bar also attracts local clientele who enjoy varying entertainment throughout the week and an excellent menu choice from the restaurant, including the very popular Roast dinner.

Along with the large building footprint the hotel also benefits from a large car park which accommodates over 50 vehicles.

The building has two bars, one large function room, licensed for 220 with its own separate bar, two good sized kitchens, a smaller function room used for breakfasts and meetings and an attractive, enclosed outside area with seating for around 50 people.

This business is very unique due to the importance that has been placed on energy efficiency. A lot of time and money has been invested into creating a building that has an astonishing B rating for energy performance. The business is run completely by staff, many of which have been employed for a number of years, all the bars use ‘Idraught’ software for complete control of stock and wastage and also ‘Welcome anywhere’ software for hotel bookings. The hotel is also featured on all the usual booking sites.

Due to the efficiency and profitability we truly do not expect this business to be on the market for long. Priced to sell at a competitive freehold price of £3,200,000 +SAV. Therefore viewing is highly recommended.

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