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3* Hotel & Suite To Lease Or For Sale

Rotherham, South Yorkshire
Freehold Price:
£2,400,000
Lease Asking Price:
£225,000
Sales Revenue:
£500K - £1M
Cash Flow:
£100K - £250K

The Consort Hotel & Consort Banqueting Suite is a 3 stars rated Hotel with 28 executive large en-suite rooms (consists of double/twin and suites, No single room), All rooms have been recently refurbished.

There is a large banqueting suite famously known as Consort suite with capacity of up to 300 persons and famous for weddings, conferences and for all other large events. The Hotel also has 2 conference rooms for meetings and conferences which benefits an excellent location accessible from the M1 and M18 motorways. The hotel is one of the largest banqueting facilities within Rotherham and in the greater Sheffield area.

The hotel has approximately 60 private car parking spaces.

The Hotel has a large 80-covers crown Restaurant and 30-covers lobby lounge area.

The hotel has a central and well-maintained large banqueting kitchen, which services all areas of the business including the Crown Restaurant. The hotel also benefits from its own extensive private car-parking facility.

The hotel is a superb business with Great Business potential to be explored.

Freehold Price: £2,200000/.

Leasehold: £225000/ (A new lease of 14 years will be granted).

Annual Rent: £155000 Per Year

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New 14 Years

Leasehold Rent:

£165,000 per annum

Location:

The hotel is located in a superb location just off the M1 and M18 motorways in Thurcroft, Rotherham

Premises Details:

The premises is a purpose built superior 3 star Hotel and Banqueting suit with 27 executive letting bedrooms.

Other Information

Website:
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Related Documents:
Leasehold asking price:
£225,000

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