Project Period Living - Hotel Investment Sought

Experienced management team require investment to assist in the acquisition and renovation of an underperforming hotel. Additional funding of up to £1m is sought to support the purchase at 2m and undertake a major renovation programme. 

One of the larger independent hotels in a large market town, with extensive on site parking, it is currently run by an unrelated trading group and without an owner manager on site.

Trade has been flat albeit profitable and plans are in place to extend the current facilities to increase trade over a 2 year period to double the turnover.

• 19th Century 28 bed Period Hotel in High Street location
• Underutilised restaurant, bars and conference facilities
• Busy Wiltshire Market town, near motorway junction
• Savills Freehold valuation £2m pre-renovation.
• £650k p.a. current turnover and profitable.
• Achievable Growth plans to double the trade.
• Experienced management team
• £1m renovation planned investment

For more information contact Mark Crossfield – Partner, 07780 957631 or email mark@m3cf.co.uk

M3CF Information

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