Asking price £750,000
Stunning Boutique Hotel at the entrance to Mallory Park Race Circuit, available FREEHOLD as a going concern or ripe for change of use STP.
- Freehold Hotel
- 9 letting bedrooms
- 40 Cover Bar and Restaurant
- Owner/Manager Flat
- Car parking for 15
- Turnover circa £250,000 net
- Delightful Garden
- On entrance to Mallory Park
- Race goers favourite
- Business Development Opp
- Reference: M250719F
- Type: Hotel
- Status: SSTC
- Area: 2000sqft
Kirkby Mallory is located in West Leicestershire between Leicester and Nuneaton, well positioned close to several main motorways to include the M1 and M69 (6 miles to the East), with the M42 via the A5 (18 miles West).
Located within 2 minutes walking distance of Kirkby Mallory Race Track. Attractions close by include Stoney Cove (diving centre), The Leicester Space Centre, Shackerstone Railway, Twycross Zoo and Bosworth Battlefield.
Stunning brick built 3 storey property under a pitched roof, with double storey elevations to the rear. The accommodation is well appointed throughout and includes 8 en suite letting bedrooms, and 1 further bedroom with a private bathroom (9 in total), 2 of the bedrooms are accessed from the rear courtyard. Well appointed back of house accommodation including split level catering kitchen with prep kitchen and store rooms.
The accommodation over the ground floor comprises as follows:-
Bar and restaurant area (40+ covers) with bar servery and breakfast bar, and a range of bespoke free standing tables and chairs.
Ground floor male and female w/c’s.
1st Floor – 5 letting bedrooms
2nd floor – 2 bedooms
Outside – 2 ensuite letting rooms
Beer patio and covered BBQ area, car park and outbuilding.
1 bedroom managers accommodation on the first floor, comprising bedroom, lounge, kitchen and bathroom.
All mains services are connected to the property with the exception of gas, which is LPG for cooking. None of these services have been tested by the agent.
Offered for sale freehold with vacant possession.
According to the valuation office agency website the current rateable value is £8000 per annum, interested parties are advised to make their own enquiries to establish any relief available for the business.
It is understood that the property isnt opted to tax, VAT will not be charged on the purchase price.
Both Parties will be responsible for their own legal costs.
Parking for upto 15 vehicles in the car park to the rear of the property.
An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from our list of approved brokers in our “One Stop Shop”
Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email firstname.lastname@example.org You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.