Mona Drive, Douglas, IM2 4LF

Description
This is a well presented property which has been run by the same family for over 40 years and one that has always been well maintained and reinvested in to keep the standards that are required along with proactive management and a mix of facilities and accommodation. This hotel lends itself to a family operation or to a hospitality business wishing to expand and benefit from an already successful business that has potential to grow and put their name in the market place on the Island. There are very few quality managed and operated hotels on the island but The Welbeck is a rare opportunity to purchase such a proven and sustainable business. The hotel benefits from all year business with a mix of business people, tourists and self catering  for longer stays offering spacious well decorated and tastefully furnished apartments, excellent accommodation with their own kitchen facilities allowing guests to enjoy this option and privacy.
 
It is recommended to visit the hotel Web site – www.welbeckhotel.com which gives an appreciation of the quality of the property especially the rooms and apartments. Please see Attached Plans outlining the general areas.
 

Details

Directions
Travelling along Central Promenade towards Summerhill shortly after the Empress Hotel turn left into Empress Drive and continue to the top of the road where you will find the Welbeck Hotel on your left.

Accommodation
This substantial hotel is over 5 floors and there is an Owners comfortable and spacious 2 bed apartment which if need be could be re-configured into further hotel accommodation if required giving extra revenue or an incentive to an in-house Manager.
 
The  General Accommodation –  Main Reception Area – Bar and Seating Areas – Conservatory Restaurant with Service Area – Alexander Gill Lounge – Main Kitchen and Preparation/Storage Areas – Toilet Facilities – Boiler Room.  Please see Attached Photographs.
 
Room Accommodation x 27 En Suite Bedrooms with high speed Wi-Fi internet and digital television there is a choice of double or twin beds. Please see Attached Photographs.
 
Six One Bed and one Two Bed Apartments – all the apartments have high speed Wi-Fi internet and digital Television. The apartments are generously complimented with cutlery, crockery ,glasses ,pans, and the kitchens have a stove, oven, microwave, kettle, dishwasher, toaster and fridge freezer. Please See Attached Photographs.

Tenure
Freehold
 
Business
Confidential business and financial details will be supplied on the basis of a confidentiality agreement between parties this will include the accounts for the operation of the business prepared by the Owners accountants.
 
Inventory
This will be supplied in due course on an agreed sale.
 
 
 

Services & Rates

Rates
Water Rates £2737.86 and General Rates £3769.92  
 
Services
All mains services are installed, sewage, water, gas, electricity. There is a fire alarm detection system in place throughout the property. Oil fired central heating, fully double glazed,  2 passenger lifts. The is an electronic door security system in place.