Richmond Hotel 14 Park Pl 15 Room Hotel Weston Super Mare BS23 2BA $1,580,926 CAD ($105,395 CAD/Room)

The freehold of the property is available for £850,000. The annual turnover currently is £276,630 exclusive of VAT, with a high profit margin.
Nestled in the heart of Weston-super-Mare, this exceptional freehold, commercial, hotel presents a lucrative investment opportunity for hospitality entrepreneurs and investors alike. Boasting a prime location and a comprehensive range of amenities, this property is poised to elevate the hospitality experience to new heights. Situated in a bustling area with high foot traffic, the hotel enjoys excellent visibility and accessibility, making it a preferred destination for locals and tourists alike.
Spread across multiple floors, the hotel offers ample space for various operations, including a bar, restaurant, and outside customer seating, with a lift providing easy access to all floors. Equipped with a state-of-the-art catering kitchen, the hotel is well-prepared to meet the culinary needs of patrons, while a self-contained flat to the rear with three double bedrooms provides comfortable accommodations or potential rental income.
A rear garden with a lush lawn and inviting patio offers a charming outdoor setting for guests to relax and unwind, with rear access enhancing convenience for both guests and staff. Additional facilities such as laundry facilities, a cellar for storage, and an office space cater to the operational needs of the establishment.
With its diverse array of amenities and strategic location, this commercial hotel presents a rare opportunity for investors seeking to capitalize on the thriving hospitality industry. Whether utilized as a full-service hotel, boutique accommodation, or a combination of both, the property holds immense potential for growth and profitability. Don't miss the chance to own this prime freehold commercial hotel, where every detail is meticulously designed to offer an unforgettable guest experience and maximize returns on investment.
Located in a prime position, boasting impressive sea views, this well positioned building is a stone’s throw away from the beach, promenade, shops, restaurants and Weston-super-Mare’s town centre with local amenities close by. Excellent transport links are within reach including Junction 21 which provides access to the M5, and from there to most major towns and cities. A mainline train station enables fast access from all major parts of the country and a regular bus service offers transport to most areas of the town and outlying districts. Highly recommended by the agent.