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ref: 215609

Smart and profitable Carlisle Cty Centre hotel for sale

Available
Marketing
Price
Asking Price £450,000 (€513,225 approx)
Location
Angus Hotel, 14-16 Scotland Road, Carlisle, CA3 9DG
Property Type
Hotels
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KEY FEATURES



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Smart and profitable city centre bed and breakfast business
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10 letting bedrooms, breakfast room which could be utilised as restaurant/bistro
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Spacious 3 bedroom owners’ apartment
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Turnover c.£122,000 with adjusted trading profits c.£55,000
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EPC Rating - C

DESCRIPTION


The Angus Hotel is a flexible and easy to operate bed and breakfast business set within the heart of Carlisle on the main thoroughfare through the city. It has been converted skilfully from a pair of Victorian houses within a Conservation Area and operates 10 comfortable letting bedrooms with the benefit of a spacious breakfast room which once traded as a cosy bistro restaurant for residents and non-residents alike. The owners also have the benefit of a spacious 3 bedroom apartment which can be expanded to add extra bedrooms to the business.

The Angus Hotel has a sound mix of commercial and tourist business with national and local companies contributing to mid-week trade whilst weekends see a variety of visitors to the city, attending weddings, college graduations and all of the other social events that take place in a city of this size. In summer, trade increases sharply as tourists arrive in great numbers with many exploring the footpaths around Hadrian’s Wall – a World Heritage Site.

With historic associations, it is believed The Angus Hotel has its foundations literally on Hadrian’s Wall, the hotel being within the Stanwix part of the city where the Romans had a command head quarters for 1,000 cavalry. The current owners now wish to pursue other interests, and as a consequence, their successors will inherit a solid and profitable room-based business which could be developed to create a restaurant or bistro operation generating an additional income and profit stream if required.


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 19/07/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499