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Freehold Bed & Breakfast Southampton

Southampton Hampshire
Phoenix Business Transfer Agents are delighted to place onto the market this exceptional Bed and Breakfast which has been established for 2years. The owners are a husband and wife team who wish to sell due to relocation. This very good business opportunity provides a high quality bed and breakfast service with an evening meal if required. It has a 4 star rating, and caters for all types of clientele including families, couples, reps, builders, and holiday makers. The rates charged are £38 for a single room, £65 for a double, £70 for a family room and £30 per night per person for the triple room.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 25074
ADVERT IMPRESSIONS : 25,613 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Bed & Breakfast
SALE: Agent Sale

ASKING PRICE:

£540,000

FREEHOLD:

£540,000
 

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BUSINESS DETAILS:

Location
This superb business opportunity is located in the Hedge End area of Southampton. It enjoys a quiet location within the new residential estate of Botleigh Lakeside, which is an affluent part of town. This 3 year old estate is 10 minutes from the Hedge End centre, and the Lake is only 5 minutes away, making the property an ideal retreat. There is also much overspill from Botleigh Grange and Botleigh Park.

The property is situated 10 minutes from the railway station, 15 minutes drive from the Airport, and the M27 is only a few minutes also. The area offers an excellent lifestyle with the New Forest and Bournemouth lying close by.

Business Details
Phoenix Business Transfer Agents are delighted to place onto the market this exceptional Bed and Breakfast which has been established for 2years. The owners are a husband and wife team who wish to sell due to relocation.

This very good business opportunity provides a high quality bed and breakfast service with an evening meal if required. It has a 4 star rating, and caters for all types of clientele including families, couples, reps, builders, and holiday makers. The rates charged are £38 for a single room, £65 for a double, £70 for a family room and £30 per night per person for the triple room.

The concern does not employ any staff
The husband and wife team operate the business between themselves and have therefore produced a high quality business.

There is a hotel and another bed and breakfast very close by but they all work very well together and provide business fro each other.

The owners market the business mainly in the yellow pages and yell.com and also have a website.

The particular highlights of the business are:
- a very well located business
- Offers a high quality, personal service
- Evening meals are provided at £7.50 each
- Pick ups from train station and airport are provided
- A 4 star rating
- An easily run concern
- Caters for up to 11 clients
- A profitable, lifestyle concern.
- The property is a new build

The concern has huge potential. In particular the turnover and profits can be increased by:

- The business will now continue to grow and enjoy natural growth and higher occupancy levels purely due to continuing repeat business and the fact that it is now more established
- The prices could easily be reviewed in due course as they are very competitive for the area.

The owner would be available for a business familiarisation period if required

Property Details
This new build property is very spacious and comes immaculately presented. It is a detached premises on a corner plot and has high quality accommodation. On the ground floor there is an entrance lobby and the property has 2 entrances. To the left is a spacious lounge which leads into the conservatory. To the right of the lobby is the dining area with 8 covers. Further to the rear is a fully fitted kitchen and a utility room. There is also a cloakroom and a toilet.

First Floor
On the first floor lies bedroom 1 which is a double en suite. All rooms are immaculately presented and come with all the usual facilities. Bedroom 2 is a single room with its own separate bathroom. Bedroom 3 is a double en suite.

Second Floor
On the second floor lies bedroom 4, a double with an extra single bed and a bathroom is shared with bedroom 5 which is a family room with 3 single beds.

External
To the front there is a gated area leading to the main entrance. There is a tended garden with many plants and shrubbery.
To the rear there is a double garage with up to 6 separate parking spaces.

Financial Details
2008 Potential
Turnover 70,000 100,000
Gross Profit 95% 95%
Net Profit 55,000 approx 85,000

Tenure: Freehold
   
  FOR SALE
   

REFERENCE:

1218 / RightBiz
   
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