5 Star Dorset Accommodation & 2 Rosette Dining, Function Venue in New Forest Coast
Christchurch, Dorset
- Status
FOR SALE
- Date Submitted:
19/01/23
- Advert ID
506702
- Reference
H195759 / Rightbiz
- Call Agent:
- Freehold: £1,100,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Fully Fitted
- Established Business
- Price Reduced
- With Car Park
Business Details
5 Star Accommodation & 2 Rosette Dining Function Venue
Goadsby Commercial present sought-after New Forest coast location. Highly regarded 2 AA rosette restaurant and function/ wedding venue. AA 5 star guest accommodation rating. Purpose built bedroom block (1999). High quality fittings and equipment. UPVC double glazing with window blinds. Gas fired central heating. Bathrooms refurbished in 2022. Air conditioning. Inside/Outside dining. Future development potential. On and off site car parking. Hotel or restaurant available individually.
LOCATION
Highcliffe Castle Wedding Venue approx. 400 yards. Highcliffe Castle Golf Course approx. ¼ mile. Seafront approx. 700 yards (on foot). Highcliffe Shopping thoroughfare approx. 800 yards. Hinton Admiral Mainline Railway Station approx. 1 mile. Christchurch approx. 3 miles. Bournemouth approx. 8 miles.
SUMMARY OF ACCOMMODATION
10 Letting Bedrooms (all en-suite). Restaurant. Orangery. Conservatory. Commercial Kitchen. Courtyard.
TRADING & BUSINESS
To the year ended 2022 a turnover in the region of £1.25 million yielding an EBITDA of £450,000 was forecast.
NB This included 3 letting suites not included within the sale.
LICENCES/PERMISSIONS
The owners lease the car park of St Marks Church opposite at £1,000 per annum to provide ample overflow car parking. We understand that a Premises Licence and a Civil Marriage Licence is held. Additionally, plans have been drawn to redevelop the site as 6 townhouses.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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