Beloved Boutique Seafront Hotel Situated On The South Coast of Ireland
£70,000
£109,582
£40,067
Overview
Leasehold
2016
- Excellent Reputation
- Friendly & Professional Team
- Very Loyal Customer Base
- Huge Growth Potential
- Well Equipped Business
IMPORTANT: Please note that all figures shown as Pounds Sterling (£) should be read as Euros (€).
Discover a highly successful boutique hotel situated on the South Coast of Ireland offering breath-taking views, spacious accommodations, and a renowned bistro dining experience.
Established in 1999 and under hands-off ownership since 2006, this hotel has built a stellar reputation, boasting 4.5-star ratings on TripAdvisor and Google Reviews.
The hotel enjoys a consistently high occupancy rate of around 90%, bolstered by 90-100 annual cruise ship visits, making it a favourite among both leisure and business travellers.
In 2023, the turnover reached €1,947,145, driven largely by strong word-of-mouth referrals and a robust regional presence.
Despite minimal marketing efforts to date, there are significant opportunities for boosted visibility and customer acquisition through improved marketing strategies. Recent planning permission for additional rooms opens the door for future expansion.
This beloved hotel represents an exceptional investment opportunity for a new owner ready to capitalise on its strengths and further grow its market presence.
Waters Edge Hotel, a boutique, seafront property located in the picturesque town of Cobh near Cork.
The hotel features a reception desk, a 140-cover restaurant with a bar area, and 19 ensuite rooms.
All equipment and fixtures are included in the sale and have been regularly updated.
Positioned directly on the seafront, offering panoramic views of Cork Harbour and spacious, comfortable accommodations with an elegant, modern aesthetic.
Jacob’s Ladder Bar and Restaurant provides a bistro-style dining experience, featuring fresh, local produce and a waterfront terrace overlooking docked cruise liners and passing sailboats.
Spacious rooms include satellite TV, direct-dial telephones, hair dryers, Wi-Fi, and tea/coffee-making facilities, with many rooms offering large balconies and extensive harbour views.
Planning permission is secured until 2027 for an additional 9 rooms, offering substantial growth potential.
Expansion
The hotel has received planning permission for the addition of 9 new rooms, which presents a significant opportunity for future growth. This expansion will improve its ability to accommodate more guests, increasing revenue and attracting a broader clientele.
Marketing Strategy
To boost brand visibility and attract new clients, the business needs to strengthen its marketing efforts. While it currently relies on third-party booking sites, there is significant potential to benefit from direct marketing initiatives.
Cost Efficiency
New ownership with direct oversight could help streamline operational costs, leading to increased profitability. By actively managing expenses and optimising processes, the hotel can improve its financial performance and drive greater efficiency throughout its operations.
Features
Key Information
- Treatments Offered: Hair - Blow Drys, Hair - Bridal & Event, Hair - Colouring, Hair - Extensions, Hair - Highlights, Hair - Ladies' Cuts, Hair - Men's Cuts, Hair - Perms, Hair - Styling, Massage
- Treatment Stations: 8
- Treatment Rooms: 1
- Reception Area: Yes
- Product Sales: Yes
Reputation
- Google: 4.6
Online Presence
- Facebook: Yes
- Instagram: Yes
Location
- High Street Location
- High Footfall
- Nearby Car Parking
- Limited Competition
Property
Financial & More
(Exclusive of Asking Price)