Ashton Lodge Guest House, Wimborne, Dorset For Sale | | Wimborne Minster Dorset | | Ashton Lodge is a well established guest house offering affordable B&B accommodation to guests in a detached, spacious family residence less than 3 / 4 mile from the historic market town of Wimborne Minster in Dorset. Freehold to buy Ashton Lodge Guest House, Wimborne, Dorset For Sale is located in Dorset. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64972
ADVERT IMPRESSIONS : 12,336 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Guest Houses | | SALE: | Private Sale | FREEHOLD: | £699950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Ashton Lodge is a well established guest house offering affordable B&B accommodation to guests in a detached, spacious family residence less than 3 / 4 mile from the historic market town of Wimborne Minster in Dorset. We are conveniently placed for the resorts of Poole, Bournemouth and Weymouth, the beautiful Purbeck coastline and the New Forest. Excellent lifestyle business with an immediate income & year round trade. For Sale: £699,950 Freehold to include goodwill, all fixtures and fittings, carpets, furniture, dining table & chairs, bedding, towels, kitchen appliances, semi industrial flat bed roller iron, together with all the necessary equipment to provide & support guests staying at the premises. We are located in the heart of Rural Dorset, within easy reach of the town centre and all local facilities and amenities, with good public transport links. Ideal location for touring and exploring our beautiful Dorset countryside and Dorset's World Heritage Jurassic Coastline. Central for Dorset's abundance of attractions, historical sites, places of interest, gardens, and museums. There is a spacious guest lounge / dining room overlooking ponds and the attractive garden. All bedrooms are gas centrally heated, tastefully decorated and furnished & equipped to a high standard with many modern features and facilities. The AA have accredited Ashton Lodge a harmonised quality rating of four stars. We are also featured in the AA's Guide to the Top B&Bs in Britain and listed in the Which? Publication of reasonably priced guest accommodation. There are five letting bedrooms located on the first and second floors, arranged as follows:
One large double / family room with full en-Suite facilities (power shower & bath), comprising double & adult single bed, plus "Z" bed or travel cot if required. One double / family room with en-suite shower / toilet room, comprising double & adult single bed, plus travel cot if required. One twin bedded room with wash hand basin and adjacent private luxury power shower / toilet room. Two single rooms with wash hand basin and adjoining shared shower & toilet
- Additionally, all bedrooms have flat screen digital televisions / DVD players, hair dryer, radio-alarm, Tea and coffee making facilities, mints & biscuits, sewing & shoe cleaning kit in all bedrooms. - Wi-Fi is available throughout the premises. We are currently trading all year round, including the lucrative Christmas and New Year periods. Owners run with one part time morning help / relief manager & weekend cleaners offering Bed and Breakfast only. We also draw upon an excellent list of plumbers / heating engineers / painters & decorators / electricians / gardeners etc etc to ensure that the property is well maintained. We have achieved 4 stars Quality Rating and are accredited by the harmonised AA / Visit Britain scheme. We have also secured high profile / visible presence on other appropriate accommodation websites. We comply with all the relevant Fire Assessment, Local Authority Planning &Food Hygiene regulations and hold relevant / supporting documentation and have installed all appropriate & necessary fire prevention / detection equipment. Income is maintained at a very good level which does not require registration for VAT. The sale price would include:-
Goodwill – The value of the business over and above the fixtures & fittings when selling as an ongoing concern, including confirmed bookings, reputation, excellent occupancy rates & well established profitable business. All fixtures & fittings – carpets, curtains, blinds, fitted wardrobes & bedroom units, mirrors, shelving, coal effect lounge fire, light fittings & shades, desk & worktops in study and booster TV aerial / distribution unit. All Guest Bedroom furniture including beds / mattresses, freestanding wardrobes, chest of drawers & bedside cabinets, side tables, dressing tables & stools, soft chairs, Digital TV’s / DVD players, audio players, radios, books, kettles, coffee & tea making facilities & crockery / glassware. Two Dining Room tables & 12 Chairs, 10 cutlery & crockery place settings, guest microwave, two side boards / serving units, large guest sofa & matching arm chair, coffee table, bookcase & books, Music Centre, TV / DVD. Fully fitted kitchen to include all electrical appliances, ceramic hob, fan oven & grill, fridge, freezer, dishwasher, microwave, toaster, kettle, semi industrial flat bed roller iron, together with all the necessary equipment, crockery, glassware & kitchen utensils to provide breakfasts to the guests. Two full sets of bedding for each bedroom to include valances, sheets, pillow cases, duvets & protective mattress & pillow covers and hand & bath towels, pedestal & bath mats. There is also an assortment of spare sets of emergency bedding and linen. Two child “Z” beds & mattresses, two travel cots, baby high chair and an assortment of child games & toys. In the garage there are two freezers, two large load washing machines and two tumble dryers
Full range of B&B signage (illuminated)
Fully operational & well established web site (achieving 1st page on engine searches for relevant key words) providing a fully functioning computerised web based enquiry / booking system, enabling you to deal effectively with enquiries away from home using a smart phone and with excellent ongoing statistics package. Templates with company logo / artwork covering all aspects of the business, ranging from:-
Brochures, Bookings / enquiry / confirmation / registration stationary, Receipt book, Business Cards. Full range of other associated business stationery and computer templates for financial accounting purposes. We have been advised that the above items excluding goodwill would be valued at approx £30,000. Trading, Profitability & Occupancy Rates are as follows:
Ashton Lodge has an excellent reputation, both within the local business community and with local residents. These are major sources of our recommendations, enquiries, repeat business and reservations. We have well established contacts with the Local Tourist Information Office & other tourism organisations and are the preferred accommodation provider for Canford School, Flight Refuelling – local engineering business employing over 800 staff, Tivoli Theatre, Local Schools- enabling us to accommodate OFSTED inspectors, nearby stately homes & gardens, numerous churches – great for accommodation needs for weddings, christenings, funerals & other significant family events, numerous other local business generating a healthy business demand for accommodation. We also have a very busy & thriving tourist season from April- September, with many forward bookings, together with a good database of regularly returning, recommending and recommended guests and loyal business clients
The website performs very well and we can easily be found on the front page of a Google search + via Trip Advisor and the multitude of other websites with whom we also have an affiliation. Most guest house and B&B owners in Wimborne work together by passing each other's contact details to enquiries that we are unable to take. There is no animosity and we all benefit from helping each other and the guests to find alternative accommodation. There is also a thriving local tourist Information Centre in Wimborne which provides a constant stream of referrals. The local Authority employs a tourism officer who actively promotes tourism in the area and they publish an excellent Rural Dorset Guide and host a highly informative web site. Trading Figures:
Turnover: 2010 / 2011 £57,000
Net profitability is subjective and depends upon personal circumstances, choice & lifestyle wishes, which can often have the added benefit of maximising tax efficiency & reducing your otherwise personal spending liability. We have secured around 75% net profitability during the course of the last year and this should be achievable and exceeded in future years dependent upon your personal circumstances and trading arrangements. More detailed trading information will be made available to parties who have viewed the premises subject to a signed confidentiality agreement. 2010 / 11 accounts will soon be available to facilitate a business mortgage if required
With recently increased tariff prices (still well within the comparative range of other local establishments) we can comfortably forecast that turnover / profitability should increase for the forthcoming year. It should also be noted that over the past 12 or so years we have invested heavily to bring the accommodation and facilities up to there present high standard, this sustained programme has meant that the property is in excellent decorative & functioning order. Consequently the investment program can now be scaled back to a reduced containing level, saving further future expenditure. The Selling Price
During the course of the last year we sought professional advice and obtained business valuations from a number of reputable business transfer agents, concerning the potential sale of Ashton Lodge as a well established and ongoing Guest House (B&B) business. We were advised that they would place an initial marketing price of circa £745,000 - £760,000 Freehold. If we were to achieve a private sale – thereby avoiding agents fees, clearly a more attractive & cost saving proposition for both of us, we would be wishing to secure a total sale figure of circa £699,950 freehold (the split between the property, fixtures & fittings and goodwill can be subject to agreement amongst ourselves to reflect our needs)
Owners retiring locally, so we will be available to assist in a structured hand over period so that you could hit the road running and have increased confidence in managing the business. We believe that the business is well established, profitable and enjoys and good reputation and will offer a good standard of living & provide an investment for the future, as it has done for us over a number of successful years. Whilst we have concentrated on the business side you should not forget that you are buying a comfortable and delightful home & garden as well, which is located in a very good position for access to local facilities. . | | | | | | FOR SALE | | | | | REFERENCE: | 64972 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
