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More details for 1 Upper Oldfield Park, Bath - Hospitality for Sale

Dorian House Hotel - 1 Upper Oldfield Park

Bath, BA2 3JX

Hospitality for Sale
£2,150,000
5,224 sq ft

Bath Hospitality for Sale

An elegantly restored Victorian villa operating as an established and highly profitable boutique bed and breakfast, ideally located in the heart of Bath and offering convenient access to the city’s key attractions. Guide price £2,150,000. DORIAN HOUSE The Victorian hotel was constructed in the 1860’s and has received significant investment throughout its current ownership. The hotel is arranged over four floors and comprises 14 en suite bedrooms, luxury shepherds hut, breakfast room, conservatory and lounge. Externally, the property provides a garage with potential for conversion (STPP) and onsite parking for 11 cars, three of which spaces benefit from EV charging ports. The business currently rents an additional four car parking spaces locally. Within the grounds is a 2-bedroom manager’s bungalow. GUEST ACCOMMODATION The property currently comprises 14 thoughtfully decorated bedrooms, each featuring a contemporary en suite bathroom. Each bedroom has benefited from significant refurbishment throughout our client’s ownership. The City Hut is a luxury shepherds hut situated within the rear garden providing a self-contained en suite bedroom and kitchenette. There is potential, subject to obtaining the necessary consents to re-develop the existing garage to provide additional guest accommodation. OWNERS ACCOMMODATION To the rear of the garden is a self-contained, single story detached bungalow that was constructed in 2010, comprising two double bedrooms, open plan living room/kitchen and bathroom. This is currently occupied by the hotel managers. THE BUSINESS The business currently operates with the benefit of a management couple alongside a part time team. This allows a purchaser of the hotel to take a ‘hands-off’ approach to trading the business. However, there also lies the opportunity to pursue an ‘owneroperator’ business model, significantly reducing wage costs and creating a leaner operating model and further increasing the profitability of the existing business, utilising the generous owner’s accommodation within the grounds. The business has generated a strong reputation in the city, ranking #4 of 66 B&Bs in Bath on TripAdvisor with a rating of 4.7. In addition, Dorian House has achieved ratings of 4.8 on Google and 9.1 on booking.com. Detailed trading information will be provided to bona fide parties upon request.