Hospitality in England available for sale
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Hospitality Properties for Sale in England

Find Hospitality Property for sale in England that meets your business or investment goals - page 6

More details for Freehold Ground Rent 'Choice Portfolio' – Hospitality for Sale

Freehold Ground Rent 'Choice Portfolio'

  • Hospitality for Sale
  • £15,300,000
  • 158,390 sq ft
  • 3 Hospitality Properties

Portfolio of properties for Sale - Wakefield

**Freehold ground rent investment, benefiting from c.121 years of contracted, RPI-linked ground rent income. The hotels are fully occupied and operated by the tenant under long-dated ground rent leases.** Portfolio Summary • Ground rent portfolio comprising three assets let to EC4 Hotel Limited (subsidiary of Choice Hotels Limited) • The three hotels are well located in Harrogate, Huddersfield, and Wakefield • All leases commence 1st November 2017 for a term of 125 years providing over 121 years to expiry (expiring 31st October 2142) • Total passing rent of £489,819 p.a. • The ground rent reflects a blended EBTIDA to rent cover ratio of c14% off forecasted stabilised • All assets are held Freehold • The rent is subject to upwards only 5 yearly, RPI rent reviews, collar and cap of 0%-4% with the next review in November 2022 • All assets are underpinned by VP and alternative use values • Rent has continued to be paid in full throughout the Covid 19 Pandemic The vendor is seeking offers in excess of £15,300,000 (Fifteen Million and Three Hundred Thousand Pounds) reflecting a net initial yield of 3.00% after purchaser’s costs of 6.70%. A purchase price at this level represents a very low average price per key of £42,265 which is less than VP or build cost. Reversionary yield of 3.40% following the review in 2022 assuming RPI growth of 2.5% p.a. At the quoting price, the net income generated from the hotels would reflect a yield of c21% off forecasted stabilised.

Contact:

Kimmre

Date on Market:

06/03/2025

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More details for Briton St, Bampton - Hospitality for Sale

Quarryman's Rest - Briton St

Bampton, EX16 9LN

  • Hospitality for Sale
  • £450,000
  • 5,382 sq ft
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More details for 1-3 Kings Rd, Brighton - Hospitality for Sale

Queens Hotel Brighton - 1-3 Kings Rd

Brighton, BN1 1NS

  • Hospitality for Sale
  • £16,000,000
  • 78,916 sq ft
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More details for Ashbourne Rd, Flagg - Hospitality for Sale

Bull i' th' Thorn - Ashbourne Rd

Flagg, SK17 9QQ

  • Hospitality for Sale
  • £1,000,000
  • 6,146 sq ft
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More details for Bromyard Rd, Worcester - Hospitality for Sale

Talbot - Bromyard Rd

Worcester, WR6 5PH

  • Hospitality for Sale
  • £875,000
  • 4,468 sq ft
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More details for 3 Belmont Rd, Ilfracombe - Hospitality for Sale

Darnley Hotel - 3 Belmont Rd

Ilfracombe, EX34 8DR

  • Hospitality for Sale
  • £695,000
  • 4,062 sq ft
  • Restaurant

Ilfracombe Hospitality for Sale

LOCATION<br/>In a quiet yet convenient location just set back from Belmont Road, close to the junction of Church Hill, the property is within 5 minutes walking distance of the town centre, overlooking, from the top floor to the West, Torrs Park and from the rear of the property, to the North East and the rooftops of Ilfracombe.<br/> <br/>The property has the benefit of a signpost close to the junction of St Brannocks Road and Church Hill which is highly visible from passing traffic. <br/><br/>There is a private pathway through the grounds from the rear garden to the bottom of Church Hill.<br/><br/>The town itself is North Devon's leading tourist resort having a population in excess of 10,500 inhabitants which is boosted during the summer months with an influx of tourists. <br/><br/>The world renowned artist Damien Hirst has given the town on loan, the statue called Verity, which is erected on the Pier which has attracted more day visitors to the resort. <br/><br/>THE PROPERTY<br/>This substantial semi-detached Victorian residence has been a guest house for many years and now offers ten letting bedrooms, mostly en-suite, one private room with en-suite facility, a private lounge, private further bedroom and private shower room/wc for owner's use, large private lounge and at garden level, a spacious dining room and residents' bar lounge area. <br/>The property includes a kitchen and preparation room, 18 solar panels on the roof, and re-decoration of the communal hallways and landings. <br/>Since owning the building in 2016 some bathrooms have been upgraded, letting bedrooms have been re-decorated, outside lighting has been fitted, at the first floor half landing uPVC conservatory windows have been installed, a wireless safety fire alarm system has been fitted, plus automatic lights to communal area. <br/>The garden and patio to the rear just outside the building has been re-laid with lawn and has a small patio area with attractive outside seating. <br/>Within the mature gardens there is ample parking space and several car ports. In addition, at the far end of the garden there are two semi-detached timber framed centrally heated holiday chalets overlooking a "secret walled garden" which produces a substantial letting income throughout the year. <br/>Beyond the holiday chalets is a level lawned garden with fish pond. There are substantial basement storage rooms and workshops below the chalets for owner's use. <br/>The garden is approached from a tree lined pathway giving access to the bottom of Church Hill and there is also pedestrian and vehicular access from Belmont Road to the main car park.<br/>The property benefits from gas fired central heating as do the holiday chalets. <br/>Our clients have been in residence since 2016 and have maintained the property and decorated the rooms to a good standard. We strongly recommend an internal viewing to appreciate the spacious accommodation throughout.<br/><br/>THE BUSINESS<br/>Our clients operate for 12 months of the year including Christmas, providing a bed and breakfast and evening meal service. <br/><br/>The tariff ranges from £75 to £85 per person per night bed and breakfast. Evening meals are provided extra if required. <br/><br/>Audited accounts will be made available to those seriously interested parties who has inspected the premises with permission on the vendors.<br/><br/>SERVICES AND UTILITIES <br/>All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br/>BUSINESS RATES <br/>£11,000 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. <br/>The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website. <br/><br/>VAT<br/>We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br/><br/>LEGAL ADVICE <br/>We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.<br/><br/>PLANNING <br/>It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.<br/>

Contact:

Webbers

Property Subtype:

Hotel

Date on Market:

24/10/2024

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More details for Hospitality for Sale

Houblon Arms - Houblon Arms

Grantham

  • Hospitality for Sale
  • £580,000
  • 3,325 sq ft
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More details for Harbour Row, Isle Of Whithorn - Hospitality for Sale

Steam Packet Inn - Harbour Row

Isle Of Whithorn, DG8 8LL

  • Hospitality for Sale
  • £525,000
  • 2,844 sq ft
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More details for High St, Dalbeattie - Hospitality for Sale

Kings Arms Hotel - High St

Dalbeattie, DG5 4HA

  • Hospitality for Sale
  • £525,000
  • 1,625 sq ft
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More details for 14 Mirador Cres, Swansea - Hospitality for Sale

The Mirador Boutique Townhouse B&B - 14 Mirador Cres

Swansea, SA2 0QX

  • Hospitality for Sale
  • £495,000
  • 1,947 sq ft
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More details for 2 Upper High St, Thame - Hospitality for Sale

Swan Hotel - 2 Upper High St

Thame, OX9 3ER

  • Hospitality for Sale
  • £525,000
  • 3,422 sq ft
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More details for Canal Foot, Ulverston - Hospitality for Sale

Bay Horse Hotel - Canal Foot

Ulverston, LA12 9EL

  • Hospitality for Sale
  • £825,000
  • 8,691 sq ft
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More details for Promenade, Southport - Hospitality for Sale

Waterfront Southport Hotel - Promenade

Southport, PR9 0DZ

  • Hospitality for Sale
  • £15,000,000
  • 189,089 sq ft
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