Fantastic Investment Opportunity

22 Bedroom Hotel/Guest House with scope for future expansion – subject to planning.

  • Price: £1,450,000
  • Terms: Freehold Sale
Map Location
Particulars

Description:

We are delighted to offer for sale this 22-bedroom hotel/guest house, representing an excellent investment opportunity with scope for future expansion. Subject to planning consent, the premises could be extended to provide an additional 14 guest rooms.

At present, 14 bedrooms are operational, with the remaining 8 rooms capable of being brought into use following the completion of necessary works, including the installation of an external fire escape to the rear. Further details can be provided upon request.

The property occupies a site extending to 0.70 acres, as outlined in red on the plan overleaf. It benefits from direct access off Bristol Road and is conveniently located just 0.8 miles from Junction 23 of the M5 motorway.

On-site parking is currently available to the front of the property, with potential for further parking provision at both the front and rear, subject to the completion of additional  groundworks.

An adjoining parcel of land extending to 1.27 acres may also be available by way of separate negotiation.

Further information is available upon request.

Accommodation:

The property is split over three floors, offering the following accommodation – figures quoted on a GIA basis:

Ground Floor                            276.99m² (2,980ft²)

Includes 4 No. bedrooms, shared kitchen, dining room and lounge facilities.

First Floor                                   276.99m² (2,980ft²)

Includes 10 No. Bedrooms

Second Floor                             178.66m² (1,922ft²)

Includes 8 No. Bedrooms

Works to install a rear fire escape staircase would be required in order for all 22 Bedrooms to  become operational.

Tenure & Terms:

The property is being offered for sale Freehold.

Sale is by way of private treaty with offers being invited on an unconditional basis.