100 Bedroom Hotel And Leisure Complex In Bournemouth Dorset | | Bournemouth Dorset | | 100-bedroom hotel Bournemouth, Dorset T/O: £1,400,000 GP: 55% Huge scope Large restaurant 70 cover function room Pub Leisure facilities Website in place | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 73040
ADVERT IMPRESSIONS : 9,590 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £5500000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Belvedere Hotel occupies substantial 4-storey premises, ideally located on the busy Bath Road leading into Bournemouth, Dorset. The premises benefit from ample private parking and are just a short distance from the seafront and town centre. The property is surrounded by a densely populated area and there are a number of complementary shops and business in the vicinity. The area is well-served by public transport and the railway station is only a short walk away, as are the beach, promenade and pier. The premises are easily accessed via the A338 Wessex Way and the A-road network. Bournemouth is a vibrant seaside resort, popular with tourists and has strong financial company links. There are many tourist attractions in the area and 7 miles of award winning golden sandy beaches. In a survey carried out in 2009 Bournemouth was found to be the 'Happiest Place in Britain'. Poole lies approximately 6 miles to the west, while Southampton is approximately 31 miles away.
Business History
Preferred Commercial is delighted to offer for sale this 100-bedroom hotel, which was established in 1868 and which has been in our client's careful hands since 1980. The hotel is only now being placed on the market due to our client's wish to retire. The business trades all year round and generates a turnover in the region of £1,400,000 per annum with a gross profit of 55%. Belvedere Hotel offers 100 en-suite letting rooms, various function rooms and a restaurant serving high quality evening meals to guests. The hotel is fully licensed and boasts a bar serving real ales, fine wines and spirits, along with traditional pub food. All the letting rooms have en-suite facilities, flat screen TVs, broadband and tea and coffee making equipment; some rooms having sea views. The hotel has an enviable reputation and enjoys high levels of repeat trade and word of mouth recommendations. There is a website in place advertising the business and services provided, which we feel would benefit from online booking facilities. We feel the turnover could be further increased by embarking on a modest marketing campaign. The premises are well-equipped to suit the trade, boasting many facilities including café area, restaurant, bar, function room with 2 x dance floors and extensive leisure facilities with pool, sauna, Jacuzzi and gymnasium. There is also approximately 1.12 acre of land, which has plans draws up to develop a 7-storey apartment block, subject to planning permission being granted. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £1,400,000 approx.
GP: 55%
Opening Hours
All year round
Accommodation Details
Substantial 4-storey detached hotel premises with 100 en-suite letting rooms, restaurants, pub and leisure facilities. Briefly comprising:
Ground Floor
• Residents' lounge, divisible into 3 by means of sliding doors, with bar and dance floor
• Reception area with desk, computer and stairs to all floors
• Duty manager office
• Lift to all floors
• Main public bar area with tables and chairs for up to 40, bar servery, optics display and electronic games machine
• Office
• Garden room with door to garden and table and chairs
• Four Seasons restaurant with tables and chairs for up to 140 covers, 2 x dance floors and bar area
• The Paris Suite with tables and chairs for up to 70 covers and dedicated kitchen and bar
• Kitchen with walk-in refrigerator and freezer, commercial units and appliances and work surfaces
• 3 sets of ladies and gents WCs with wash hand basins, in separate areas
• Leisure facilities with indoor pool, Jacuzzi, children's pool, sauna, gymnasium and changing rooms
First Floor
• Range of double, single, twin and family letting rooms all with en-suite facilities
Second Floor
• Range of double, single, twin and family letting rooms all with en-suite facilities
Third Floor
• Range of double, single, twin and family letting rooms all with en-suite facilities
External
• Parking for up to 80 vehicles
• Development land of approximately 1.12 acres
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 3009 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
