Lease For Sale due to retirement Beverley Town Centre Hotel and Restaurant Superb central position on Wednesday Market Bar restaurant for around 50 covers and scope to increase 7 en suite letting bedrooms plus private accommodation Tremendous hotel, restaurant and café bar trading potential CONTACT US Viewing is strictly by appointment through Colliers. Peter Bean HOTELS 1 Broadgate, The Headrow Leeds, LS1 8EQ +44 113 2001890 +44 7836 719376 peter.bean@colliers.com www.colliers.com/uk/hotels 65,000 Leasehold New 5 year lease at 50,000 rent per annum
INTRODUCTION The Tudor Rose is a long-established family run hospitality business with an outstanding trading location in the centre of Beverley, and now after many years at the helm the owners are set to retire. This gives new operators an excellent opportunity to acquire a well-known, very well located property where they can put their own stamp on the business and develop it to realise its full potential. LOCATION Situated on the corner of Wednesday Market, the Tudor Rose is perfectly positioned for letting bedroom, food and beverage trade. Wednesday Market forms the eastern access to the busy pedestrianised centre of this lovely market town and only a short walk in the other direction is the exquisite 13 th century Beverley Minster. Voted one of the UK s best places to live, Beverley is a growing town with 900 new homes set to be built, and with its race course, minster and attractive historic centre it is a much visited town and the potential for trade at the Tudor Rose is tremendous. THE PROPERTY Dating back to the 18 th century, the property is a Grade II Listed building and has ground, first and second floor accommodation plus basement cellar. PUBLIC AREAS Front corner entrance via a lobby and double doors leading into the attractive bar and restaurant for up to around 50 diners, (usually laid for around 35) with bar counter, servery behind and a lovely fireplace with log burning stove. To one end of the restaurant a corridor leads to the ladies and gents cloakroom facilities. The restaurant used to be larger and can be increased in size easily by reincorporating an adjacent ground floor bedroom. A separate side entrance gives access to a lobby leading to the hotel reception hall with reception desk and open staircase. LETTING BEDROOMS 7 letting bedrooms to sleep 15 (6 double and 1 family). All have en suite facilities, 6 with shower room/wc and 1 with bathroom/wc and shower over the bath. 5 rooms are on the first floor and 2 on the second floor. All bedrooms have television, tea and coffee making facilities and central heating. PRIVATE ACCOMMODATION The Tudor Rose has a double bedroom on the ground floor plus 2 double bedrooms, single bedroom and bathroom/wc on the second floor. SERVICE AREAS Wash-up and service room off the bar servery with dumb waiter to first floor commercial kitchen with adjacent refrigeration room. Laundry room, staff wc and basement beer cellar. OUTSIDE Space for table and 2 chairs to the front. Private courtyard to the rear. SERVICES East Riding of Yorkshire Council - 01482 393939 Mains gas, electricity, water and drainage. Gas fired central heating.
LICENCE Premises Licence WEBSITE www.thetudorrosehotelbeverley.co.uk TRADE The Tudor Rose is operated by mother and daughter partners on a relaxed pre-retirement basis. New operators will find lots of potential to develop the food, beverage and bedrooms trade at this superbly located town hotel, bar and restaurant. Trading information will be made available to seriously interested buyers. LEASE The Tudor Rose is available on a new 5 year full repairing and insuring lease at a rent of 50,000 per annum. PRICE 65,000 for the leasehold complete with goodwill and trade contents (according to inventory) excluding personal items. Stock at valuation. FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender of broker involved. TO VIEW All appointments to view MUST be made through the vendors agents who are acting with sole selling rights. MILEAGES & DIRECTIONS Hull about 13 miles, York 31, Lincoln 50, Leeds 57 and London 210. The Tudor Rose is in the centre of Beverley close to the Minster on the edge of Wednesday Market which links with the main pedestrianised shopping areas of the town centre.
FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Peter Bean Tel: 0113 2001890 / 07836 719376 Email: peter.bean@colliers.com Disclaimer 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 employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (August 2018) 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. www.colliers.com/uk/hotels