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Hotel for sale - Dorian House Boutique B&B, Bath

Dorian House Boutique B&B, Bath

CommercialUK

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Price
£2,150,000
Tenure
freehold
Listed
Today

Property Description

DORIAN HOUSE <br><br> The Victorian hotel was constructed in the 1860’s and has received significant investment throughout its current ownership.<br> The hotel is arranged over four floors and comprises 14 en suite bedrooms, luxury shepherds hut, breakfast room, conservatory and lounge.<br> Externally, the property provides a garage with potential for conversion (STPP) and onsite parking for 11 cars, three of which spaces benefit from EV charging ports. The business currently rents an additional four car parking spaces locally. Within the grounds is a 2-bedroom manager’s bungalow.<br> <br><br>GUEST ACCOMMODATION<br><br> The property currently comprises 14 thoughtfully decorated bedrooms, each featuring a contemporary en suite bathroom. Each bedroom has benefited from significant refurbishment throughout our client’s ownership.<br> The City Hut is a luxury shepherds hut situated within the rear garden providing a self-contained en suite bedroom and kitchenette.<br> There is potential, subject to obtaining the necessary consents to re-develop the existing garage to provide additional guest accommodation.<br> <br><br>OWNERS ACCOMMODATION<br><br> To the rear of the garden is a self-contained, single story detached bungalow that was constructed in 2010, comprising two double bedrooms, open plan living room/kitchen and bathroom. This is currently occupied by the hotel managers.<br> <br><br>THE BUSINESS<br><br> The business currently operates with the benefit of a management couple alongside a part time team. This allows a purchaser of the hotel to take a ‘hands-off’ approach to trading the business.<br> However, there also lies the opportunity to pursue an ‘owneroperator’ business model, significantly reducing wage costs and creating a leaner operating model and further increasing the profitability of the existing business, utilising the generous owner’s accommodation within the grounds.<br> The business has generated a strong reputation in the city, ranking #4 of 66 B&Bs in Bath on TripAdvisor with a rating of 4.7. In addition, Dorian House has achieved ratings of 4.8 on Google and 9.1 on booking.com.<br> Detailed trading information will be provided to bona fide parties upon request.<br>
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S
Savills

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