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Freehold Hotel In Rhyl For Sale

Rhyl, Denbighshire
Asking Price:
£315,000
Sales Revenue:
£88,000
Cash Flow:
Available on request

Business
Hilton Smythe are welcoming to the market The Braga Hotel, a superb hotel which has been established for over a century. Our clients took over 14 years ago and have enjoyed running the Hotel. The Braga Hotel is now being offered to the market due to our clients’ wish to emigrate.

There are 13 Letting rooms in total, 7 flat lets and a private 3-bedroom owner’s accommodation.

Our client currently offers a breakfast service, although the hotel does have permission to open as a restaurant to the public. There is a large dining room for 28 covers, perfect for generating a little extra income. To the rear of the premise is off street parking for staff and customers; room for circa 10 vehicles on a first come first served basis.

The hotel enjoys a great deal of regular and repeat custom which is testimony to the unrivalled service it offers to guests.

We are advised that the business would benefit from an enthusiastic owner taking charge of a marketing campaign and utilizing free marketing tools such as social media websites and further development and optimization of the hotels current website.

Naturally we would recommend early viewing of this fantastic concern.

Location
The Hotel is situated on the sea front, East Parade, Rhyl, boasting lovely sea view rooms.

This is a prime location for any hotel or bed and breakfast business. The town boasts excellent tourist attractions. Directly across from the hotel is the SeaQuarium Rhyl and the Rhyl Events Arena.

The main sea front location allows for all year-round heavy footfall and passing trade. Prestatyn, Llandudno and Colwyn Bay are all just a short drive from Rhyl. There are great road links within the area with the A55 just a short distance away.

Rhyl railway station is a short walk away from the hotel. The area also boasts great amenities with bus stops just outside.

Premises
Rear parking for approximately 10 vehicles. A brand new fire escape has been fitted at a cost of £38,000.

LOWER GROUND FLOOR

Owners Accommodation:
3 double bedrooms.
Lounge.
Bathroom.
Fully fitted kitchen.
Store room.
Office.

GROUND FLOOR

Entrance leading to:
Reception area.
Open lounge with seating area and fitted bar.
Dining room with 28 covers.
Kitchen.
Laundry room.
Guest bedroom - Family room with en-suite.

FIRST FLOOR

Guest bedroom - Single room standard.
Guest bedroom - Family room with en-suite.
Guest bedroom - Family room standard.
Guest bedroom - Family room standard.
Guest bedroom - Family room standard.
Flat let with lounge, bedroom, bathroom & kitchen.

SECOND FLOOR

Guest bedroom - Family room standard.
Guest bedroom - Family room standard.
Guest bedroom - Family room standard.
Guest bedroom - Double room standard.
Two flat lets with lounge, bedroom, bathroom & kitchen.

THIRD FLOOR

Guest bedroom - Family room with en-suite.
Guest bedroom - Family room with en-suite.
Guest bedroom - Family room with en-suite.
Two flat lets with lounge, bedroom, bathroom & kitchen.
Room currently used as commercial kitchen (could be converted into additional room).

FORTH FLOOR
Flat let with en-suite double bedroom, kitchen and lounge.
Flat let with en-suite double bedroom with kitchen/diner.

Tenure
We are advised the business is being sold as a Freehold opportunity.

Hours
No set trading hours.

Staff
Owner managed with 2 full time staff.

Financial Profile
The business reports a turnover for 2016 of approximately £88,000 with a gross profit of roughly 48%.

Property information

Property:

Freehold

Contact Information

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