£695k hotel opportunity launches in the UK’s 2017 City of Culture

Leisure property specialists Fleurets has launched the Country Park Inn on Cliffe Road, Hessle, to the market.

Situated on the bank of the River Humber, overviewing the Humber Bridge; the property’s freehold is available for £695k.

The predominantly single storey construction, which originates from a two storey converted house; consists of a 130 cover pub restaurant, 350 capacity function room featuring a three storey bell tower, as well as a private two bedroom flat and 8 letting rooms.

In addition, the property recently secured planning consent to increase the letting rooms by 45 rooms, and it also includes a patio seating area extending to the river bank as well as gardens and parking for approximately 120 vehicles.

The hotel is hitting the market as Hull prepares to become the UK City of Culture in 2017, which is anticipated attract a vast amount of tourism, whilst also revitalising the hospitality and leisure scene.

Simon Hall from Fleurets’ Leeds office commented: “This is a superb opportunity to purchase a freehold food led pub with substantial banqueting suite for a bargain price equating to less than 0.65 x turnover. Following the tidal flood in Dec 2013 this property has undergone a £1m refurbishment, so it is in tip top condition and forward bookings are as strong as ever for weddings and functions. There is considerable room for growth even without exploiting the potential for the hotel extension”.