An opportunity has arisen to become the new owners of an eight-bed hotel in the UK’s City of Culture 2017, Hull, after it went on the market with Fleurets for £695,000.
Country Park Inn on Cliffe Road takes in views of the iconic Humber Bridge and originates from a two-storey, converted house.
It currently consists of eight letting rooms, but has recently had planning consent to increase this by 45 bedrooms and since 2013 has undergone an extensive £1m refurbishment.
Alongside the bedrooms, Country Park Inn also consists of 130-cover pub restaurant, a function room featuring a three-storey bell tower, plus a private two bedroom flat and a patio seating area that extends to the banks of the River Humber.
Next year will see Hull crowned as the UK City of Culture, which is anticipated to draw in a vast amount of tourism, while also revitalising the hospitality and leisure scene.
Simon Hall from Fleurets’ Leeds office commented: "This is a superb opportunity to purchase a freehold food led pub with substantial banqueting suite for a bargain price equating to less than 0.65 x turnover. Following the tidal flood in Dec 2013 this property has undergone a refurbishment, so it is in tip top condition and forward bookings are as strong as ever for weddings and functions. There is considerable room for growth even without exploiting the potential for the hotel extension.”
For more details, visit http://www.fleurets.com/properties/n-520938/pubs-for-sale/country-park-inn-hull-east-yorkshire