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Derbyshire Hotel and Wedding Venue with Excellent Ratings for Sale

Undisclosed, Derbyshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/11/23

  • Advert ID

    602554

  • Reference

    B07642 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,595,000
  • Turnover: £335,751 (£6,457 Per week)
  • Net Profit: Not Applicable

Business Details

Well established Hotel and Wedding Venue business for sale

Business
Please quote reference B07642

CoGoGo are delighted to welcome to the market a highly rated hotel and weddings business in Derbyshire.

The business was originally established over 35 years ago, with our clients taking over ownership in 2017. Since then the owners have fully refurbished and maintained the property to a very high standard. They have worked hard to secure excellent online ratings and reviews, making the business extremely popular and with a regular customer base.

The owners are now looking to retire.

This family owned hotel sits on a 3 acre plot surrounded by stunning countryside. It has a rural location but benefits from close proximity to all main transport links and popular tourist attractions. All of which generate regular income for the business.

The hotel comprises of 12 ensuite bedrooms (includes one with wheelchair access) and a Bridal Suite. These are split over the Hotel and the Annex. Rooms are actively marketed on their own website, Booking.com and Expedia.

In the main hotel there is a lobby area, toilets, Reception area, 20 cover dining room, fully licensed bar with seating, function room and a commercial kitchen.

It is a very popular exclusive event venue especially for weddings. It benefits from a separate Ceremony Room as well as holding a licence to host ceremonies outside.

The function room is also a very flexible space which is also ideal for corporate events.

Included in the sale is a separate 3 bedroom cottage which is an ideal living quarters for the owners or managers.

Key selling points -

  • Over £100,000 recently invested in complete refurbishment
  • Excellent reviews on social media including Google, Booking.com & TripAdvisor
  • Separate living accommodation included which maximises rental opportunities and provides private space away from the business whilst remaining on site
  • Rural location surrounded by stunning countryside views
  • Location is close to all main transport links as well as popular visitors attractions
  • Perfect example of a turnkey business
  • Owners willing to provide a negotiable handover period
  • Excellent scope to develop numerous other strands of income with minimal outlay


Location
The business is located in Derbyshire.



Premises
Main Hotel - Ground Floor

  • Entrance hallway/lobby
  • Toilets
  • Reception area
  • 20 cover dining room
  • Commercial kitchen
  • Bar & seating
  • Function room (capacity 80 seated & 170 evening)
  • Wheel chair accessible ensuite bedroom
  • 2 ensuite bedrooms
First Floor

  • 6 x ensuite bedrooms
  • 1 x Bridal suite
Annex

  • 3 Family ensuite bedrooms
  • 1 Ceremony Room
External -

  • Established well maintained gardens with seating areas
  • Field
  • Out building
  • Double garage
  • 3 car parks


Tenure
We are advised that this opportunity is being sold on a Freehold basis.



Hours
We are advised that this business operates all year round but is not open on a Monday out of choice.



Staff
We are advised that the business has 8 members of staff with extra seasonal workers when required.



Financial Profile
Further financials can be made available upon request.



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Well established Hotel and Wedding Venue business for sale - B07642 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.