Project Picnic consists of 14 rooms (capacity for around 30 guests), a bar, restaurant and two function rooms.
Well established in the region having operated within the area as a hotel since the 1960’s, it offers accommodation as well as breakfast and evening meals.
The business benefits from a high number of wet and dry sales with many local residents visiting the hotel for meals or drinks.
The business employs eleven members of staff in total, including a head waitress, head chef and head cleaner.
The hotel is available on a leasehold basis with an annual rent of £50k, however there is an option to buy the freehold from our clients.
High staff retention rate with a strong second tier management structure in place. Detailed accounts available on request
Client looking to retire
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Turnover for year-end March 2025 was £26.5m with an adjusted EBITDA in excess of £11.85m.
Currently operating with 6 purpose built freehold care homes across the
region. All rooms at all homes have ensuites.
Current capacity for 289 residents
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