For sale The Clough Manor Hotel Rochdale Road Denshaw Oldham Lancashire OL3 5UE October 2017
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The Clough Manor Hotel
Overview
The Clough lounge bar 30 with comfortable seating, feature bar servery and open fireplace The Clough Manor Hotel trades as a full service hotel with views over open countryside and access business with a range of income streams comprising; to an alfresco seating area/beer terrace. bar, restaurant and wedding venue. The hotel is Restaurant comprising 28 covers with an situated on the edge of the picturesque additional atrium that provides a further 22 Saddleworth village of Denshaw surrounded by covers as an overflow or for separate private open countryside with panoramic views of the Peak dining. Further private dining area (12) which is District. The hotel which was originally constructed currently used as a gymnasium with access to as an 18th Century farm house has been extended second open terrace area with outside and improved over the years to provide seating. Banqueting suite with its own comfortable hotel accommodation including a independent private access and enclosed lounge bar, restaurant and function suite together garden for wedding photographs and outside with range of en-suite letting bedrooms. Public seating area leading to independent bar with areas on the ground floor benefit from air bar servery and comfortable seating area with conditioning with free wi-fi to all guests. The access through to the main function suite property has been owned by our clients since 2007 which can cater for 120 guests seated with a and is being sold by way of an asset sale as going capacity of 180. concern hotel business.
Location Clough Manor is situated in an area known as Saddleworth which is only 5 miles from Junction 21 of the M62 motorway connecting Manchester and Leeds. New Hey Metrolink tram station is approximately 3 miles away from the hotel with regular tram services on the East Didsbury to Rochdale Town Centre line. Whilst Manchester City Centre is only approximately 17 miles away.
Accommodation Public Areas Entrance lobby opening to reception area with open plan reception desk and administration area.
Ancillary Areas Superb commercial catering kitchen with wash up area, still area, preparation area, storage and dry store, beer cellar, cold store. Ladies, gents and disabled WCs.
Letting Accommodation There are a total of 23 en-suite letting bedrooms that are currently in use. All bedrooms offer en-suite facilities and include a flat screen digital televisions as well as tea and coffee making facilities.
Additional Accommodation Owner’s flat comprising bedroom and sitting room (not inspected). Single staff bedroom, administration office, a further potential bedroom which is currently unused.
External Areas The property is situated on a generous plot and benefits from an extensive tarmacadam lined car park providing space for approximately 50 vehicles. There is a garden area to the side of the hotel which is for the exclusive use of wedding/function guests as well as private gardens to the rear of the hotel to which a number of the letting bedrooms have direct access.
Trading Information The net turnover for the business for the year ending 30 September 2016 was £635,785 with a gross profit of £464,639 (73%). Further business information will be made available to seriously interested parties upon request.
Fixtures and Fittings We are advised that all fixtures, fittings and other items associated with the running of the business will be included within the sale. All appliances are untested and a purchaser should satisfy themselves that all equipment is in full working order.
Licences We understand that the property has the benefit of a premises licence. It is a required of the Licensing Act 2003 that properties serving alcohol should have a designated premises supervisor who must be the holder of a personal licence. Prospective purchasers are advised to take specialist advice in this regard.
Services We understand that mains water and electricity are connected (un tested). There is a private drainage system and propane gas for cooking and some heating as well as an electric heating system in the bedrooms (not tested).
Fire Risk Assessment We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out under the Regulatory Reform (Fire Safety Order 2005). This assessment needs to be recorded in writing where there are five or more employees.
Business Rates The business rates are payable to Oldham Borough Council. We understand that the current Rateable Value for the year commencing 1 April 2017 is £45,700.
The Clough Manor Hotel
Planning We understand that the property has a valid consent for its current use. However, we would advise interested parties to make their own enquiries of the Local Planning Authority in this regard.
Tenure Details The property is held on a freehold title.
Energy Performance Certificate (EPC) An Energy Performance Certificate is available upon request.
Asking Price The hotel is to be sold by way of an asset sale as a going concern hotel with a guide asking price of offers in the region of £1.5 million.
For further information please contact: Martin Davis 0161 956 4034
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October 2017
File number: 02B726619
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