GREATER MANCHESTER – HOTEL/FUNCTION ROOMS
Stoneclough, Radcliffe, Manchester, Greater Manchester
Ref: 47983
£570,000
Freehold
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Key Features
Precis
Recently refurbished function suite and letting accommodation in Greater Manchester town.
Location
The Grand Hotel, formerly known as The Hare & Hounds public house, is located in Stoneclough, a market town in Bolton, Great Manchester. The town lies in the Irwell Valley, seven miles from Manchester city centre and three miles southeast of Bolton.
In the 18th and 19th centuries, Stoneclough was an important coal and cotton town but it is now predominantly residential. The area has many amenities and plenty of walking routes and green spaces such as Moses Gate Country Park and Clifton Country Park.
Stoneclough is served by junction 16 of the M60 Manchester Ring Road and the A56 provides direct access to Manchester city centre. The M61 connects to Bolton and Preston and links to the M6 motorway.
The area is served by Kearlsey Station which is on the Manchester to Preston railway line.
In the 18th and 19th centuries, Stoneclough was an important coal and cotton town but it is now predominantly residential. The area has many amenities and plenty of walking routes and green spaces such as Moses Gate Country Park and Clifton Country Park.
Stoneclough is served by junction 16 of the M60 Manchester Ring Road and the A56 provides direct access to Manchester city centre. The M61 connects to Bolton and Preston and links to the M6 motorway.
The area is served by Kearlsey Station which is on the Manchester to Preston railway line.
Property
This sizeable, detached building is set over two storeys with a basement. It is of brick construction under a pitched slate roof and dates back to circa 1880.
TRADE AREAS
Porch leading to open plan TRADE AREA/FUNCTION SUITE with carpet flooring. Central, ‘L’ shaped BAR SERVERY with Altro nonslip flooring and well-equipped back bar. Booth and perimeter seating to accommodate 150. Three feature fireplaces and darts throw.
In the past year, the trade space has been well invested in and no expense has been spared on furnishings and decoration.
Off the function suite is a compact KITCHEN.
LADIES’ and GENTLEMEN’S TOILETS.
BASEMENT - accessed via the bar area – offering three generous sized STOREROOMS and a KEG ROOM including beer drop.
On the first floor is a UTILITY ROOM and a good-sized COMMUNAL KITCHEN with tiled floors, wall and base units, integrated kitchen appliances and a kitchen island.
LETTING ACCOMMODATION
The first floor comprises three large double LETTING ROOMS (without en suite facilities) and a COMMUNAL SHOWER ROOM with toilet and basin.
There are a further three refurbished, single EN SUITE LETTING ROOMS which are decorated and furnished to a good standard.
EXTERNAL
There is an enclosed, sizeable TRADE GARDEN to the rear with picnic style benches and sheltered seating to accommodate 100 plus.
CAR PARK to accommodate 25 vehicles.
TRADE AREAS
Porch leading to open plan TRADE AREA/FUNCTION SUITE with carpet flooring. Central, ‘L’ shaped BAR SERVERY with Altro nonslip flooring and well-equipped back bar. Booth and perimeter seating to accommodate 150. Three feature fireplaces and darts throw.
In the past year, the trade space has been well invested in and no expense has been spared on furnishings and decoration.
Off the function suite is a compact KITCHEN.
LADIES’ and GENTLEMEN’S TOILETS.
BASEMENT - accessed via the bar area – offering three generous sized STOREROOMS and a KEG ROOM including beer drop.
On the first floor is a UTILITY ROOM and a good-sized COMMUNAL KITCHEN with tiled floors, wall and base units, integrated kitchen appliances and a kitchen island.
LETTING ACCOMMODATION
The first floor comprises three large double LETTING ROOMS (without en suite facilities) and a COMMUNAL SHOWER ROOM with toilet and basin.
There are a further three refurbished, single EN SUITE LETTING ROOMS which are decorated and furnished to a good standard.
EXTERNAL
There is an enclosed, sizeable TRADE GARDEN to the rear with picnic style benches and sheltered seating to accommodate 100 plus.
CAR PARK to accommodate 25 vehicles.
The Business
The Grand Hotel, formerly The Hare & Hounds public house, has received much investment and refurbishment over the past 12 months. It now trades as a hotel with a private function space and caters for birthday parties, anniversaries, weddings, funerals and private events. The hire charge for the function room is £495.
The letting rooms, which are marketed on Airbnb for £50 per night, have proved popular and attract business travellers and contractors visiting the Greater Manchester area.
There is potential to increase trade with more extensive marketing of both the function suite and the letting rooms.
Two post lockers also generate an income of £2,500 per annum.
Alternatively, the property may be suitable for development/conversion to residential apartments (STPP), given there is much demand for housing in the area.
The letting rooms, which are marketed on Airbnb for £50 per night, have proved popular and attract business travellers and contractors visiting the Greater Manchester area.
There is potential to increase trade with more extensive marketing of both the function suite and the letting rooms.
Two post lockers also generate an income of £2,500 per annum.
Alternatively, the property may be suitable for development/conversion to residential apartments (STPP), given there is much demand for housing in the area.
Tenure
FREEHOLD £570,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Licence
A Premises Licence is held for the retail of alcohol:
Sunday to Thursday: 10:00 – 00:30.
Friday and Saturday: 10:00 – 01:30.
Sunday to Thursday: 10:00 – 00:30.
Friday and Saturday: 10:00 – 01:30.
Services
All mains services are connected and the property benefits from both CCTV and an alarm system,
Rateable Value: £7,000 as at 01 April 2023 to present. Note: the business receives Small Business Rates Relief and no rates are payable.
Local Authority: Bolton Metropolitan Borough Council.
Rateable Value: £7,000 as at 01 April 2023 to present. Note: the business receives Small Business Rates Relief and no rates are payable.
Local Authority: Bolton Metropolitan Borough Council.
Enquire about this listing
Dean McVay
North West