Well Established Hotel For Sale in Grimsby, North Lincolnshire, DN34

This property is marketed by:
Colliers

Key Features

• 27 en suite letting bedrooms with planning consent for more
• Substantial public areas including large restaurant facilities and well-appointed bar
• Popular health and fitness facilities and meeting space
• Extensive public area refurbishment undertaken in recent times
• Turnkey business opportunity in a prominent roadside location
• Consistent year-round trade with clear business growth opportunities
• Freehold

Description

Millfields Hotel is an imposing and wellestablished hotel with 27 letting bedrooms and well-appointed, spacious public areas, including substantial F&B areas and function facilities as well as a highly popular leisure facility. A popular venue for corporate, tourist and local trade, Millfields Hotel is an established hotel which has been developed and maintained to a good standard throughout. The Property is prominently located within walking distance of Grimsby town centre on the A1243 (Bargate) which is one of the main routes into the town centre and provides access to the town’s train station. The hotel is close to the pretty and leafy Victorian area of the “People’s Park” providing pleasant surroundings for guests. Significantly there are local developments which will drive trade into the area including the Prax Group purchasing the Lindsey Oil Refinery and ABLE UK receiving planning consent to substantially increase the capacity of Immingham Port which is located close by and will bring a great deal of contractor trade while construction takes place and corporate trade thereafter.

Location

The town of Grimsby is located on the popular east coast, approximately 28 miles east of Scunthorpe and 33 miles south of Hull. The main businesses in the area include food and drink production, port and logistics, renewable energy, chemical and processing industries and digital media. Grimsby is also home to the largest fish market in the UK and is the centre for the UK fish processing industry. The local port benefits from its deep port location on the Humber estuary and, with Freeport status, is the UK’s largest port by tonnage and is on one of Europe’s busiest trading routes. The town is accessed from the A180/ M180 providing links to the M18, M62 and M1. There are two railway stations, Grimsby Town and Grimsby Dock, providing access to Doncaster, Sheffield, Barton-on-Humber, Lincoln and Nottingham. Humberside Airport is located 14 miles west of Grimsby providing scheduled flights to Aberdeen and Amsterdam and chartered flights for holidays throughout Europe.