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Property Listing Details

Hotel/guest house for sale

Waltham Road, Scartho, Grimsby DN33

£20,000

Features

  • Leasehold Opportunity
  • Long Lease
  • Free of Tie
  • Three Months Rent Free
  • £40,000 p/a rent
  • Rent Frozen for two years
  • Vacant Possession
  • Fixtures and Fittings Included
  • Ingoing Premium £20,000
  • Huge Potential

Listing view statistics

Last 30 days: 29 page views

Since listed: 29 page views

Description

Location & Area

Located in Scartho within Grimsby, this Hotel is very close to the town centre and Hospital.

Property Description

In general good order, the low ingoing price reflects the notion that some investment will be required by the new custodian to bring this much loved hotel back to where it should be on the hospitality map.

Well worth viewing to the prospective operator.

Restaurant
Brasserie Restaurant has enjoyed being a popular dining venue. A mixture of seating and table options and styles compliment the traditional wooden flooring beautifully.

Bar
The Bar at the Beeches is a lovely place to be, it is a popular meeting place for locals and hotel guests. Contemporary decor was enhanced by modern art work which is arranged throughout the ground floor and again the mix of seating styles and options blend well.

Conferencing and Meetings
Up to thirty covers catered for in theatre or banquet style or up to 25 covers in a boardroom or classroom configuration. Ample delegate and guest parking makes this an ideal business development area to promote far and wide.

Function Rooms
The conservatory is the ideal for more intimate functions with up to 24 covers. Larger functions may enjoy the entire ground floor and use of the bar/lounge and main dining room, as well as the conservatory as each area flows well into another much larger parties and weddings can utilise a Marquee in the grounds.

Hotel Accommodation
The eighteen bedrooms are all ensuite. TV, radio, direct dial phone, hairdryer. There is good disabled access through the greater part of the hotel, with four bedrooms on the ground floor and access to further rooms by means of the service lift.

The Business

This business has been operated for many years by the outgoing tenant who now wishes to scale down their operation.
Growth potential for the new owners are held in the potential for greater occupancy following some refurbishment, Functions, Weddings and Corporate Conferencing expansion.
This combined with a reduction in staff number by a hands on involvement by the new owners would pay dividends immediately in what has been a very successful business.

Premises Licences & Staffing

This business is currently operated with 100% staff.
New tenure could see greater involvement in the business creating a reduction in staff costs.

Owners Accommodation

There is no staff accommodation within this business due to its nature. A night porter/manager is employed.

Services

All mains services are to be found.

Price & Tenure

20 year lease.
Three month rent free period upon completion, offering great support during the time of refurbishment.
£40,000 p/a rent - frozen for two years.
Three yearly rent reviews, rpi linked in upward only direction.
Hugely supportive landlords.
Great opportunity for a skilled operator.

Externals

Ample secure car parking and grounds compliment the Hotel and Function offer wonderfully.

Trading Hours

This Hotel has operated 24 hours per day 7 days per week

Epc

Current Certificate available

Finance

An early discussion about finance can often save time and disappointment, talk to KSA Commercial about securing independent financial advice from our list of approved brokers in our “One Stop Shop”

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Scartho Infants' School and Nursery 0.3 miles
  • Scartho Junior Academy 0.4 miles
  • Grimsby Town 1.8 miles
  • Grimsby Docks 2.6 miles

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Property descriptions and related information displayed on this page are marketing materials provided by KSA Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact KSA Commercial for full details and further information.