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New Forest B&B With Established Trading Pattern

Cadnam, Hampshire
Freehold Price:
£770,000
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Status
FOR SALE
Advert ID
237801
Reference
H11900 / Rightbiz

Details

FEATURES
Within the New Forest National Park. Visit England 4 star rated (Silver Award). Reputedly established for 150 years. Total refurbishment programme in current 11 year ownership. Fully gas fired central heating and UPVC double glazing throughout. Flexible accommodation. Tea making facilities, radio clock alarms, flat screen televisions and fans to letting bedrooms. Trip Advisor “Hall of Fame” award. Member of the Greenleaf Tourism Scheme. 5/5 food hygiene rating. Genuine retirement sale. Floorplan available by request.

SUMMARY OF ACCOMMODATION
6 Letting Rooms (all en-suite). Lounge/Breakfast Room. Owners 2 Reception, 1 Bedroom Apartment.

LOCATION
Lyndhurst approx. 3½ miles. Paultons Park (Peppa Pig World) within 4 miles. Southampton City Central approx. 9 miles.  Southampton Cruise Terminal approx. 10 miles.  Lymington approx. 13 miles. Salisbury approx. 15 miles.  Winchester approx. 17½ miles. Bournemouth approx. 23 miles. 

TRADING & BUSINESS
The current owners have strong advance bookings and choose to close for 10 weeks a year, including four weeks during the peak summer months, and for two days every two weeks which also keeps them under the VAT level. They also provide a flourishing cruise service whereby guests stay the night before their cruise, leave their car and transport is arranged to and from the cruise terminal. In the year ending 31st March 2019, a turnover of £82,102 was recorded yielding a gross profit of £63,838 and an adjusted net profit of £40,520.

Seller Details
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Listing Details
Freehold Price: £770,000
Tenure: Freehold
Sector: Bed And Breakfast, Hotels
Key Features
  • Fully Fitted
  • With Car Park
  • With Accommodation
  • Established Business
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The data showed regarding this advert 'New Forest B&B With Established Trading Pattern - H11900 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.