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H323 ReceptionH323 Function Rm DiningH323 Bar 2H323 BarH323 KitH323 Wash upH323 Owners Living Room 2H323 Owners Living Room 1H323 Double RoomH323 Standard Double Room - CopyH323 Encloes Rear GardenH323 Car ParkH323 Tree

Lucrative Licensed Hotel and Busy Functions Venue in Bournville

£249,950.00

Bournville Hotel and Function Venue For Sale

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Category: Guest House
  • Description

Description

 

10 Bedrooms with own facilities including three ground floor rooms; function room for 50; catering kitchen and wash up; Bar Lounge. Cellar. Newly created and well appointed owners ground floor flat incorporating open plan living room with kitchen and en suite double bedroom. Office. Car Park for 10 Vehicles
Well enclosed rear garden with large decked area off the bar lounge. Front garden with famous Japanese maple.

The hotel is one of the oldest buildings in leafy Bournville on the southern outskirts of Birmingham; the village was built by the Cadbury family in the late 19th and early 20th Century. The hotel offers 10 bedrooms and a function venue. Cadbury World is just a 5-minute walk from the hotel and is an 8-minute walk from Bournville Train Station, where you can reach Birmingham city centre in 13 minutes. Edgbaston Cricket Ground is 2.3 miles; University of Birmingham and Selly Oak are 1.8 miles, while Queen Elizabeth Hospital and the Royal Orthopaedic Hospital are 2.1 miles from the property. The nearest airport is Birmingham Airport, 19.9 miles from Old Farm Hotel.
There is a large enclosed garden and decking area for the enjoyment of residents and those attending functions. The bright function room offers the perfect space to hold private functions.

The letting bedrooms achieve an informed occupancy rate of 75% from a variety of guests drawn here by the hotel’s proximity to Cadburys with staff from Europe often staying; Wedding guests at the large Pavilion venue; Birmingham University, Queen Elizabeth Hospital, Edgbaston Cricket and people staying to visit relatives in the many Residential and Nursing homes in the area.

A detached property with rendered elevations under slated or tiled roofs with gas fired central heating. The present owners have created the separate owner’s accommodation.

Please note that some photographs were taken before the creation of the separate owners ground floor accommodation by conversion from letting bedrooms.

The Business – A long established hotel and function business and former renowned restaurant which has been in the present hands since 2022 and is now for sale due to retirement. The current owners, a husband and wife team who are assisted by part time staff have found that the lucrative business has carried them through the final years of the their working life extremely well and during their tenure the style of trading has been enhanced by the growth of the functions business and the building has been remodelled to provide high quality owners accommodation.
The hotel provides bed and breakfast and offers a function facility for birthdays, small wedding receptions, christenings and baby showers; but it is wakes which have seen the greatest increase in numbers since the present owners have been in place and in turn, it is these functions which brings guests to the hotel from further afield. The hotel is now the default venue for many local undertakers. Functions currently derive income for the business from room hire at £65/hour with a three hour minimum and then a range of buffet menus for up to 50 people inside and 120 including the garden, in addition a range of buffet menus are offered. In addition, the bar can be open and the bereaved can often be very generous to celebrate a life.
Potential for a Wedding Licence (subject to permission)
Bed and Breakfast Tariffs range from £110 to £140 per double room bed and breakfast
The agents have inspected accounts and a turnover of £5,000 per week ex vat is achieved on average with substantial profits. Full accounts will be made available after a formal viewing.
Tenure: The premises are held under the terms of a 30 year full repairing and insuring lease from the Bournville Village Trust which commenced in 2007 at a current rent of £29,000 p.a.

Price: £249,950 sav
EPC: C (64)

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