Leicestershire hotel and bar offered for sale Freehold

Title: 
18th century hotel and bar for sale in Melton Mowbray

Overview of business/asset: 
The Harboro Hotel - Burton Street, Melton Mowbray, Leicestershire LE13 1AF – is an attractive 18th century hotel and bar in excellent town centre location

• 26 comfortable en suite bedrooms
• Atmospheric trade areas with function room and 80 cover dining room
• Grade II listed building with large car park

Turnover:
Uncertified trade figures supplied for the year ended December 2010 indicate a turnover of £526,000 net of VAT.

About the hotel:

The Harboro Hotel is an 18th century Grade II listed former coaching inn and local landmark.

The imposing three storey stone built property overlooks Burton Street in a prominent position in the centre of the town.

Operated by M & K Cotton Limited - In Administration; the Joint Administrators are acting as the Receivers of the freeholds and are continuing to operate the hotel as normal, with the assistance of appointed managing agents.

The Joint Administrators are offering for sale the business with the following characteristics:

Company profile:
The Harboro Hotel has been part of historic Melton Mowbray for over 200 years.

Based in Burton Street, Melton Mowbray LE13 1AF

The premises are currently trading under management.

Opportunities:
The Harboro Hotel offers an excellent opportunity to consolidate existing trade and exploit the further potential of the business.
Financial information: Uncertified trade figures supplied for the year ended December 2010 indicate a turnover of £526,000 net of VAT.

For further information regarding this opportunity, or for viewing instructions, please contact Timothy Meek (tim@jamesabaker.co.uk) or George Walker (george@jamesabaker.co.uk) or call 01225 789 343

Please click here to view further property details.

Please note that you will be required to complete and sign a confidentiality undertaking before additional information is provided to you.

Disclaimer
This information is communicated as a guide to assist recipients in deciding whether or not to investigate the above opportunity. It is not intended to form the basis of any transaction. Recipients must make their own independent assessment of the opportunity and should obtain independent professional advice. The above information has been provided by the directors of the company and neither they nor FRP Advisory LLP give any representation or warranty (express or implied) as to its accuracy or completeness.

In the event the sale is via an insolvency process, the Joint Administrative Receiver/ Administrators act as agents of the Company without personal liability.