Substantial 16 Bedroom Freehold Hotel Dorset | | Bournemouth Dorset | | SUBSTANTIAL 16 BEDROOM FREEHOLD HOTEL - DORSET Very well appointed and presented 16 bedroom hotel Location in the West Cliff area of Bournemouth | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64151
ADVERT IMPRESSIONS : 17,689 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Agent Sale | FREEHOLD: | £825000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUBSTANTIAL 16 BEDROOM FREEHOLD HOTEL - DORSET
Very well appointed and presented 16 bedroom hotel
Location in the West Cliff area of Bournemouth
Advised annual turnover of £124,000
Sale includes all fixtures and fittings
3 Star AA (Guest accommodation)
Large owners' accommodation
Car park for 16 vehicles
Genuine retirement sale
Prominent location
Licenced bar
FREEHOLD
Location
Bournemouth is a large coastal resort town in the county of Dorset, England. According to the 2001 Census Bournemouth has a population of 163,444, making it the largest settlement in Dorset, it is also the largest settlement between Southampton and Plymouth. With Poole and Christchurch, Bournemouth forms the South East Dorset conurbation, which has a total population of approximately 400,000. Bournemouth's location on the south coast of England has made it a popular destination for tourists. In a 2007 survey by First Direct, Bournemouth was found to be the happiest place in Britain, with 82% of people questioned saying they were happy with their lives. It sits just 4 miles from the affluent and desirable area of Sandbanks and is accessed by the A35, A348 and A338.
Business Profile
Meridian Business Sales are privileged to offer to the market this profitable 16 bedroom hotel. The business has been established since before 1950 and has been operated by our clients for the last 12 years. It is currently run by husband and wife who wish to retire, and daughter and son in law who are looking for a career change, hence a desire to sell the business. The owners accommodation comprises two double en-suite bedroom apartment with large lounge, a dining room and a seperate coach house with kitchen diner, bathroom, lounge and double en-suite bedroom. If the coach house were not required by the new owners it could be let separately as it is not integral to the hotel. Casual staff are taken during busy periods. The advised annual turnover is derived from letting rooms to professionals, contractors and tourists all your round. There is a residents bar lounge, evening meals and bar meals available, but not strongly advertised, leaving scope for incresed revenue in this area. Our clients do not take group bookings but the potential is there if new owner so desire. This is a superb opportuinity and as such Meridian Business Sales recommends early viewing.
Financial Profile
Turnover: £124,000 pa
Stock approximately £500
Tenure
We are advised freehold
Opening Hours
Trades all year round
Accommodation
Detached 16 bedroom hotel with owners' 1 bed accommodation and 2 bed accommodation, briefly comprising:
Ground floor - Door to entrance hallway with reception desk, toilet and wash basin, bar with server, seating, tv and fruit machine, dining room for 28, office, commercial kitchen with 8 ring gas hob with double electric oven, grill and fitted units, fridge and freezer stores with sink drainer and laundry area / linen stores.
Owners 2 bed accommodation - Private lounge, double bedroom with shower, toilet and wash basin and double bedroom with bath and shower over it, toilet and wash basin.
Owner's 1 bed accommodation - Kitchen/diner and bathroom with bath, toilet and wash basin. First floor lounge and double bedroom with shower, toilet and wash basin.
First floor - Double bedroom with corner bath, shower over bath, toilet and wash basin. Twin bedroom with bath, shower over bath, toilet and wash basin. Twin bedroom with shower, toilet and wash basin. Single bedroom with shower, toilet and wash basin. 2x Double bedroom with shower, toilet and wash basin. Shower room for 2 rooms below without shower. Single bedroom with wash basin. Double bedroom with wash basin.
Second floor - Family bedroom with shower, toilet and wash basin. 2x Double bedroom with shower, toilet and wash basin. Single bedroom with shower, toilet and wash basin. Shared bathroom with bath, toilet and wash basin. Single with wash basin. 2x double / twin with wash basin. Shared toilet. Single with wash basin and shower cubical.
External - Private yard shared for both owners' accommodation, parking at front with 16 spaces and 2 store rooms. | | | | | | FOR SALE | | | | | REFERENCE: | 2663 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
