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The Chapel House.
The Chapel House Hotel B&B, restaurant and wedding events venue, with 14 en-suite bedrooms, hosting wedding/events with its own restaurant, separate bar and private function room.
The building dates back to 1850 and was completely renovated in 2015 to an exceptionally high standard, the conversion has retained many original features including a beautiful pre Raphaelite Chapel.
Location
The business is located on the corner of Ramshill Road in the much sought after area of South Cliff, Scarborough.
It is well located for the Esplanade, Spa Complex, the beach, town centre and the railway station, all of which are approximately 1 mile from the property.
Located on Yorkshire’s wonderful coastline, the town of
Scarborough and the wider region has much to offer the tourist and leisure industry, including the North York Moors, picturesque towns of Whitby, Robin Hoods Bay and Sandsend and further afield the historic city of York.
Internal Details
The Chapel House comprises a reception area entrance, 100 cover restaurant trading space and function area across two levels with a fully equipped stainless steel commercial kitchen including all appliances. There is a further private dining function room, as well as a separate residents bar space, with substantial storage space, capable as a further trading area for the restaurant or even studio apartment / letting accommodation, subject to planning consent.
Letting Accommodation
The breakdown for letting accommodation is:
12 en suite bedrooms,
One suite with four poster bed, lounge & bathroom
One Twin suite with bathroom
External Details
To the front and side of the property is an external drink and dining space, which has been recently modernised.
The Business Opportunity
The current owners purchased the property in 2015, since then it has undergone a major refurbishment.
The sale of the Chapel House provides a fantastic opportunity to acquire an ongoing business with different income streams; letting rooms, restaurant, bar and function events, it therefore provides a solid and sustainable business venture.
The property is also under small business rates relief and no business rates are payable.
Upon an agreed sale the staff employed are loyal would be retained under TUPE
Trading Information
|
2021/2022 £ |
9 months to December 2022 £ |
Accommodation |
187,000 |
140,000 |
Restaurant and Bar |
167,000 |
55,000 |
Other |
35,000 |
5000 |
Total |
390,000 |
200,000 |