FOR SALE
19/01/23
506702
H195759 / Rightbiz
Goadsby Commercial present sought-after New Forest coast location. Highly regarded 2 AA rosette restaurant and function/ wedding venue. AA 5 star guest accommodation rating. Purpose built bedroom block (1999). High quality fittings and equipment. UPVC double glazing with window blinds. Gas fired central heating. Bathrooms refurbished in 2022. Air conditioning. Inside/Outside dining. Future development potential. On and off site car parking. Hotel or restaurant available individually.
LOCATION
Highcliffe Castle Wedding Venue approx. 400 yards. Highcliffe Castle Golf Course approx. ¼ mile. Seafront approx. 700 yards (on foot). Highcliffe Shopping thoroughfare approx. 800 yards. Hinton Admiral Mainline Railway Station approx. 1 mile. Christchurch approx. 3 miles. Bournemouth approx. 8 miles.
SUMMARY OF ACCOMMODATION
10 Letting Bedrooms (all en-suite). Restaurant. Orangery. Conservatory. Commercial Kitchen. Courtyard.
TRADING & BUSINESS
To the year ended 2022 a turnover in the region of £1.25 million yielding an EBITDA of £450,000 was forecast.
NB This included 3 letting suites not included within the sale.
LICENCES/PERMISSIONS
The owners lease the car park of St Marks Church opposite at £1,000 per annum to provide ample overflow car parking. We understand that a Premises Licence and a Civil Marriage Licence is held. Additionally, plans have been drawn to redevelop the site as 6 townhouses.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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