Freehold Hotel Investment
Branston Hall Hotel Branston Park, Lincoln Road, Branston, Lincoln, LN4 1PD Purchase Price: £4,000,000 Buyback within 12-months: £4,800,000 At a glance Grade II Listed country house hotel Room sales at: £130,000 each 10% per annum rental income. 52 en suite letting bedrooms Bar, lounge & restaurant Four wedding/function suites, gardens & lake Swimming pool, leisure & gym facilities Set in c. 72.5 acres. Car parking. EPC Exempt Description Dating back to 1885, the Grade II…
Branston Hall Hotel
| Branston Park, Lincoln Road, Branston, Lincoln, LN4 1PD |
Purchase Price: £4,000,000
Buyback within 12-months: £4,800,000
At a glance
- Grade II Listed country house hotel
- Room sales at: £130,000 each
- 10% per annum rental income.
- 52 en suite letting bedrooms
- Bar, lounge & restaurant
- Four wedding/function suites, gardens & lake
- Swimming pool, leisure & gym facilities
- Set in c. 72.5 acres. Car parking. EPC Exempt
Description
Dating back to 1885, the Grade II Listed property boasts a wealth of character, including feature gables, chimney stacks and an enclosed courtyard area. The immensely characterful three storey property is of traditional stone construction under pitched slate roofs. There is a single storey extension to the side of the property. Originally built as a family home and later used as an RAF hospital during World War II, the property now operates as a hotel and comprises 52 en-suite letting bedrooms. Public areas include an oak panelled lounge bar and restaurant and private dining room. There are also three conference rooms and extensive leisure facilities. The site extends to approximately 72.5 acres and benefits from extensive lawned grounds, a lake and views across the rolling Lincolnshire countryside.
Location
Branston Hall Hotel is accessed off the B1188 Lincoln Road in the village of Branston, approximately four miles south east of the historic cathedral city of Lincoln. The property is superbly located to explore the surrounding area, which includes everything Lincoln has to offer, the Lincolnshire Wolds AONB and the coastal resort towns.
Internal Details
Hotel reception area leading to: • Lounge bar (40). With oak panelled walls, feature fireplace, bar servery, loose tables and chairs and soft seating • The Pink Lounge. A sitting room which is also used for smaller weddings and as an additional dining area • Restaurant • Private Dining Room • Churchill Suite (180). Primary function suite with dedicated bar servery and commercial kitchen • Westminster Suite (40) • York Suite (20) • Warwick Suite (20), Currently utilised as a gym • Leisure facilities comprising, swimming pool, sauna, steam room and changing rooms • Commercial kitchen. With wash up and preparation areas and walk-in fridge and freezer • Ladies, gents and accessible toilet facilities • Passenger lift to all floors • Office space • Lower ground floor cellars and stores • There is a three bedroom flat which could be utilised as owner’s accommodation or as additional lettings space
Letting Accommodation
There are 52 en-suite letting bedrooms of varying sizes, comprising doubles, four poster rooms, suites and family rooms. All rooms are equipped with televisions and tea/coffee making facilities.
External Details
The approximate 72.5 acre site is accessed via a private driveway and comprises extensive lawned gardens, pagoda, seating terrace, a feature lake, wooded areas and car parking.
The Opportunity
Branston Hall Hotel is a renowned hotel and wedding venue, which provides a significant number of letting bedrooms, along with extensive F&B, conferencing and leisure facilities. Historically the business has had a Tripadvisor rating of 4. There is significant potential for new owners to invest in the property and reopen the business. The diverse revenue streams which the business can benefit from further add to the strength of the opportunity. The extensive grounds offer potential for development (STP). Log cabins, glamping pods and camping are some of the potential uses for part of the approximate 72.5-acre site and will allow new owners to fully unlock the potential of the opportunity. Prior to the tenure of the management company, the hotel traded successfully under the guidance of our client for well over 30 years. Given the facilities, size of the property and development potential, there is a significant opportunity to relaunch the business.
Trading Information
The business was most recently operated by a management company until it ceased trading in November 2020. Prior to that, the business was operated by our client. The most recent accounts that are available are dated 31st December 2018 and show net sales of £1,602,299.
Business Rates
The rateable value of the property is £110,000. Confirmation of business rates payable should be obtained from the Local Authority.
