FOR SALE £325,000 or nearest offer
or to LET £24,500 per year
PLEASE NOTE ALL GUESTS BOOKINGS ARE SECURE AND WILL BE HONOURED
The Monsell Hotel
Skegness Lincolnshire PE25 3JY
*Strategically located, highly profitable 12-bedroom Seaside hotel plus owner bungalow
*Close to seafront and Skegness town centre
*Excellent range of bedrooms, dining room and bar
*Adjoining owners two-bedroomed bungalow
*One of the most popular hotels in the Skegness and Lincolnshire region
*Presented to a high standard throughout
*Well established business – T/O £84,000 (net) : Profits close to £69,000 achievable.
The hotel is currently run on a part time basis to trade deliberately below the VAT threshold with great potential for further profits from the bar and restaurant. If trade was also opening all year round the estimated turnover would be somewhere within the region of £120,000.
The present owner is willing to prove the turnover as all £84,000 net is being paid via credit /debit card and has the full details available to prospective purchasers.
With the hotel’s strategic location it has an appeal to a wide cross section of custom, whether that be locally based or travelling visitors and tourists. The seller has owned and operated the hotel since 2012 and has made the personal decision to sell the hotel because of health reasons, there is an excellent opportunity for new owners to acquire a well established and profitable hotel in a very popular Tourist location.
Located to the side of the hotel is a reasonably large self-contained owners bungalow with private yard, 2 bedrooms, bathroom, living room and access to kitchen and super fast WI-Fi .
The hotel is located conveniently for the town centre of Skegness and also seafront amenities, the location has been voted as superb via the major Hotel websites.
The hotel occupies an enviable position located on the corner of Firbeck Avenue and also Sandbeck Road and is also with easy access to Skegness train station.
There is car parking at the main entrance as well as to the side of the hotel.
Originally built as a three story hotel dating back to the 1930s the hotel has been sympathetically extended to the side and updated with modern amenities to provide the now ideal hotel accommodation, briefly as follows.
From the car park area to the front of the hotel, the front door main entrance leads via a vestibule and main entrance hallway, to the inner reception hall with reception counter and office behind.
To the right of the entrance is the lounge bar, a traditionally decorated room. It can seat up to 14 people on a range of tables and chairs or be set up as a private dining room for up to 20. Opposite is a larger dining room/lounge with laminated floor and bay window also leading to downstairs twin bedroom via inner hallway.
There are 12 letting bedrooms to sleep 28:
Small Double (2)
All the bedrooms have en-suite facilities comprising a shower in addition to the standard wc and wash hand basin arrangement. All bedrooms are equipped with new central heating, flat panel TV, hairdryer, hospitality tray, iron and ironing board available.
One bedroom at ground floor is specifically adapted accessibility twin bedroom with hand rails in the bathroom.
Good sized commercially equipped kitchen, well positioned for direct service to the dining room. In addition to the main cooking area, there is a main office, dry goods store and at the rear of the kitchen a utility room equipped with two washers and dryers etc.
There is a well equipped bar and large garage and private yard area.
Very competitively priced at £325,000 or nearest offer.
This property is also available to lease at £24,500 per annum paid quarterly in advance plus payment for fixtures and fittings.
This is a superb opportunity for anybody wishing to join the Hospitality trade or any hotelier wishing to increase their portfolio of properties with this easy run well maintained and extremely profitable business.
For more information please visit our website www.monsellhotel.co.uk