FOR SALE

HUMBER ROYAL HOTEL Offers in the region of LITTLE COATES ROAD, , DN34 4LX £1,900,000 – Freehold HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX

SUMMARY

• 58 en suite lettings bedrooms; with substantial public areas including large conference facilities • Prominent trading position in an accessible location • Significant circa 2.7 acre site ideal for further development (STPP) • Net turnover for the year ended September 2019: £1,425,128 • Freehold

INTRODUCTION place and corporate trade thereafter. The Humber Royal Hotel is a prominent purpose built hotel The town of Grimsby is located on the popular east coast, with 58 letting bedrooms and well-appointed, spacious approximately 28 miles east of and 33 miles public areas; including substantial F&B areas and versatile south of Hull. The main businesses in the area include food and popular function facilities. A popular venue for and drink production, port and logistics, renewable energy, corporate, tourist and local trade, the 4* Humber Royal is chemical and processing industries and digital media. an established and successful hotel, yet still offers scope to Grimsby is also home to the largest fish market in the UK increase revenues. and is the centre for the UK fish processing industry. The local port benefits from its deep port location on the The Property is prominently located approximately two Humber estuary and is therefore the UK’s largest port by miles west of the town centre on the B1444 Little Coates tonnage and is on one of Europe’s busiest trading routes. Road which has easy access from the A180. Surrounding occupiers are predominantly residential, however, the The town is accessed from the A180/ M180 providing links Property is situated adjacent to the Grimsby Golf Club and to the M18, M62 and M1. There are two railway stations, the rear of the hotel overlooks the golf course. The hotel is Grimsby Town and Grimsby Dock, providing access to accessible and is suitably located to derive trade from the Doncaster, Sheffield, Barton-on-Humber, Lincoln and large number of businesses and industries within Grimsby Nottingham. Humberside Airport is located 14 miles west and the surrounding area. of Grimsby providing scheduled flights to Aberdeen and Amsterdam and chartered flights for holidays throughout Significantly there are local developments which will drive Europe. 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 Port which is located close by and will bring a great deal of contractor trade while construction takes

Source – Edozo Maps HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX

THE PROPERTY Room Maximum Capacity The hotel is set back from the main road with car parking Royal Suite* 450 (reception) to the front. It was purpose-built in 1967 and is a steel Humber Suite 250 (reception) reinforced concrete framed building with part brick and Royal 150 (reception) part infill panels. The bedrooms are all located on the Terrace upper floors in the ”tower section”, which provides Icon Suite 10 (boardroom) accommodation at ground and four upper floor levels Links Suite 30 (banquet) together with a basement. To the front is a large single Fairway Suite 30 (reception) storey section which accommodates a large proportion of the conference facilities and also an un-refurbished and disused bar ideal for further development. *The Royal Suite comprises the Humber Suite and the Royal Terrace combined. The whole building is beneath a number of flat roofs. We The ground floor suites all share a breakout room along understand the roof over the tower section was replaced as part of a refurbishment in 2017. with access directly from the car park as well as a self- contained bar area. The Links Suite and Fairway Suite can PUBLIC AREAS be combined to provide a reception capacity for approximately 60 people. The main entrance is to the side of the building and leads directly into the modern Reception lobby having a The well-appointed conference/meeting rooms are all reception desk along the left hand side with access to the fitted with air conditioning and have natural daylight, and lifts and main staircase. the hotel offers video conferencing, free Wi-Fi and flat screen TVs. The Humber Suite has a large screen and Beyond the reception is an attractive open plan Lounge ceiling mounted projector with built in P.A. system. Bar and Restaurant with seating for around 60 people in a flexible layout. The area benefits from a bar and buffet breakfast service table. Running along the left hand side there are patio doors leading to the outside patio area overlooking the golf course. Ladies’, gentlemen’s and disabled persons’ toilet facilities are located on the ground floor between the public areas and conference/meeting rooms. There are five rooms available for conferences /meetings, with two located on the first floor (Links and Fairway Suites) and the remaining three located on the ground floor. The available accommodation can be summarised as follows: HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX

LETTING BEDROOMS EXTERNAL 58 en suite letting bedrooms arranged as follows: Car parking for in excess of 100 vehicles is available to the front and the side of the hotel. To the rear of the hotel is a patio with direct access from the open plan bar and restaurant. • 5 deluxe double The total site extends to a total of 2.7 acres. • 4 deluxe double plus In addition to the main hotel site is an area of land (north of the hotel) extending to around • 1 adapted DDA bedroom 0.7 acres which may be ideal for further development subject to planning consent. This area • 13 standard double is shaded red on the site plan on the rear page. • 2 standard twin SERVICES • 22 superior king size with balconies Mains electricity, water, gas and drainage. • 11 superior super king size with balconies Air conditioning to the conference and meeting facilities. All the bedrooms have en suite facilities with 57 having a bath with shower over and the one Gas fired central heating. adapted disabled persons’ bedroom having a walk-in shower room. The bedrooms are fitted with a television, telephone, tea & coffee making facilities and have wireless internet access. Wi-Fi available throughout. In addition to the bed and feature headboard all the rooms have a desk/dressing table, easy Guest lift. chairs and hanging space. In addition, all the rooms have a card locking system and all the balcony rooms o the second, third and fourth floors overlook the golf course and have the TRADE addition of an outdoor table with chairs. Accounts for the year ended September 2019 show net turnover of £1,425,128 SERVICE AREAS The popular hotel trades as an independent un-branded 4 star hotel with an onsite management team and some involvement from a third party management company. The main service area within the hotel is a large commercial catering kitchen which is equipped with a commercial grade inventory and extraction. Ancillary facilities include a Income is generated from a variety of sources with corporate mid week trade (particularly from the large number of local company occupiers), corporate events and functions (being chef’s office, general stores, still room, preparation area, wash up area, walk-in fridge and able to offer the largest function facility in the area) leisure trade at weekends along with freezers and other general storage areas to the rear of the kitchen. Other facilities included wedding and function guests. There is also a great deal of contractor trade during the week. male and female staff changing rooms and a staff canteen. There is a significant upside for new owners in terms of generating income from weddings, Within the central service corridor there is access into the wine store and the cellar. There re-opening the un-refurbished bar and driving F&B trade. is a further beer store adjacent to the function room. Housekeeping stores are contained on TENURE each of the bedroom floors and there is a laundry/linen room and housekeeping office on the first floor. There is also a maintenance workshop. Freehold.

The main administration offices are located behind reception. To the basement are general FURTHER INFORMATION plant and boilers, the latter having been replaced since the hotel was acquired by the An Information Memorandum will be made available to interested parties upon request to current owner in 2010. Colliers International. HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX

PRICE AND METHOD OF SALE Offers in the Region of £1,900,000 are sought for the freehold interest complete with goodwill and trade contents (according to inventory) but excluding personal items. Stock at valuation. FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. TO VIEW All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights. IDENTITY CHECKS In order to comply with anti-money laundering legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser at the relevant time.

EPC HUMBER ROYAL HOTEL, LITTLE COATES ROAD, GRIMSBY, DN34 4LX

Golf Course

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact:

Robert Smithson – Senior Surveyor Paul Barrasford - Director Tel: 07825 171652 Tel: +44 7826 860419 Email: [email protected] Email: [email protected]

Source – Edozo Maps. For Illustration only

Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (November 2020) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in and Wales with registered number OC385143. Our registered office is at 50 George Street, W1U 7GA. www.colliers.com/uk/hotels