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Hotel for Sale in Hythe, UK

For Sale: Seaside hotel with 42 rooms, dining and bar facilities, with high summer occupancy.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.55 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Hythe
Local Time 6:42 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.9 million (Native Currency: GBP 2,900,000)
Reason: The current owners want to focus on other business ventures.
Includes physical assets worth USD 3.9 million
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Business Name
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Business Overview
- The business is a seaside hotel offering a blend of accommodation, dining, and event services, strategically located to attract seaside enthusiasts and tourists.
- It comprises a four-floor property equipped with 42 accommodation rooms designed to cater to a variety of guests, ensuring a versatile lodging experience.
- The hotel has been recently reopened this month after a year-long pause, positioning itself for fresh engagement with customers.
- It operates a restaurant that seats 55 guests, serving diverse cuisines and designed to enhance the culinary experience with a scenic seaside view.
- A bar with a capacity of 30 offers a selection of beverages, complementing the overall hospitality experience and providing a social hub for patrons.
- With approval from the Ministry of Tourism and holding food and bar licenses, the hotel complies with regulatory standards, ensuring quality and safety.
- The property includes two conference rooms, ideal for business meetings and events, expanding its clientele to business travelers and event organizers.
- Peak occupancy occurs between April and October, with summer occupancy rates soaring to 90-95%, indicating strong seasonal demand.
- During winter months, occupancy rates range between 50-60%, showcasing potential areas for growth in increasing off-peak bookings.
- Equipped with 6 staff rooms, the hotel supports on-premise accommodation for its team.
Products & Services Overview
Offers comprehensive hospitality experience through its core services such as accommodation, dining, bar, and event hosting.
Caters to tourists, families, business travelers, and seaside vacationers seeking comfort and convenience.
Assets Overview
Physical assets include the land and building, furniture, fixtures and all electrical works.
Facilities Overview
The business owns the hotel property located in West Parade Hythe. and is included in the current selling price.
The buyers also have the option to lease the property at GBP 4,000/month.
Capitalization Overview
There are 2 directors.
There is outstanding loan - GBP 220,000.
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3 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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