The current owner has now owned the property for approximately 3 years carrying out a full re-fit during his first year of ownership but has been unable to dedicate the amount of time required to push the business and take advantage of its wonderful location and facilities on offer.
The bar continues to trade well with a loyal local following. Currently The Boathouse Restaurant is only used for functions such as birthday parties, family celebrations and funerals. There is undoubtedly scope to develop this aspect of the business and to make further use of the well presented beer garden just off.
The Rockport Hotel offers a fantastic opportunity for a hands-on couple looking to develop a business in one of the most desirable parts of the country in a property which has recently undergone significant investment. Our client will offer the business with a low premium of £30,000 and a starting rent in year one of £21,000 + VAT, year two £23,000 + VAT and year 3 £25,000 + VAT.
There is potential to purchase the freehold property at the price of £350,000.
Please note - internal size has been estimated. Interested parties will require to satisfy themselves as to the actual square footage of the premises.
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