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11 Bed B&b Close To The Hamble River Sailing Centre On Hampshire Coast

Hamble Hampshire
11 DOUBLE BED GUEST HOUSE OFFERING B&B; CONVERTED FROM A CARE HOME; POTENTIAL DEVELOPMENT OPPORTUNITY; CLOSE TO HAMBLE RIVER SAILING CENTRE; LOCATED JUST OFF J8 M27; BETWEEN SOUTHAMPTON & PORTSMOUTH; DECLARED TAKINGS OF £750 PER WEEK; VENDOR RETIRING
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60999
ADVERT IMPRESSIONS : 15,657 TIME(S)

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

ASKING PRICE:

£695000

FREEHOLD:

£695000
 

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BUSINESS DETAILS:

LOCATION:

This attractive opportunity is to be found in a relatively small village near Southampton. A yachting mecca, the village is often packed during the summer, crowded with people out enjoying the water. It is the largest recreational boating centre in Europe with over 3,000 moorings. The village and its river are one of the many locations that made up the fictional village of Tarrant in the BBC series Howards Way, in the late 1980's. An annual regatta has been running here for well over a hundred years. The earliest known mention of the village is in 720 AD when it is recorded that Saint Willibald, a monk educated at a
monastery nearby, set sail from the river for the Middle East. Smith's Industries, who employ over 1,200 people and BP are two major local employers attracting businessmen to the area seeking overnight accommodation.

BUSINESS:

The property is a substantial, detached Victorian house with the potential for residential development. It is currently operating as an 11 Double Bedroom Guest House offering a Bed & Breakfast service to businessmen and sailing enthusiasts. The property includes a spacious Kitchen, Dining Room, Guest Lounge, Conservatory, Laundry Room, downstairs cloakroom and two bathrooms. The property benefits from gas central heating, double glazing, rear garden and a large off-road parking area. Proximity to the Hamble River, a world class sailing destination and British Aerospace ensures a steady flow of customers from both the leisure and business markets.

OUTSIDE:

A garden to the rear plus ample off-road parking for visitors' cars

TENURE:

The property is offered Freehold with vacant possession

RATES:

The rateable value of the business premises is £, with rates of £ payable in 2009/10. The domestic accommodation falls into Band A for council tax purposes.
NOTE:
This information has been obtained either from the current rate demand for the property, by telephone from the local authority or by reference to the VOA website. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that potential buyers make their own enquiries through the local authority to check the applicable rateable value and whether the rates payable will be the figure quoted above.

SERVICES:

We understand from the vendor that all main services are connected to the property.

TRADE:

Vendors advise annual takings of £39,766 for the year ended 31 March 2011
Please note that if a business is VAT registered, all figures exclude VAT.

COMMENTS:

The Vendors who previously ran the property successfully as a Care Home, scaled down their operation to the current more easily managed B&B. They now wish to retire creating an exciting opportunity for a new owner to build the business and take advantage of the significant number of tourists and sailing enthusiasts visiting the area year round. Alternatively there is residential development potential for investment purposes.
Financial information will be made available to seriously interested purchasers after they have formally viewed the business.
   
  FOR SALE
   

REFERENCE:

HW1402 / RightBiz
   
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ENQUIRIES:

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