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Prime 28-Bedroom Hotel with Sea Views for Sale in Bournemouth Town Centre

Bournemouth, Dorset

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/03/24

  • Advert ID

    608275

  • Reference

    H198253 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,395,000 (Stock at valuation)
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Town Centre location
  • Fully Fitted

Business Details

Prime Town Centre 28 Bedroom Hotel

Goadsby Commercial present prime town centre location. Sea glimpses from upper floors. Full gas fired central heating. Redecorated and recarpeted common areas. UPVC double glazing. Re-tiled roof. Flat screen television, radio clock alarm and tea making facilities and fridges to each room. CCTV system. Masterkey system. The owner may consider splitting into two properties and selling separately.

LOCATION
Bournemouth International Centre within 600 yards. Bournemouth Pier approx. 750 yards. Bournemouth Square approx. 800 yards. Bournemouth Travel Interchange within 1½ miles.

SUMMARY OF ACCOMMODATION
28 Letting Bedrooms (18 en-suite). Bar Lounge. Dining Room. Kitchen. Spacious Owners Flat.

TRADING & BUSINESS 
The owner presently operates on a room only basis and we are informed to the year ended December 2023 a turnover of £203,000 was recorded.

LICENCES/PERMISSIONS
We are informed a Residential Licence is held. An HMO Licence for 39 persons in 28 households expired in September 2022 but could be reinstated subject to agreement with the Local Authority.

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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.

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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.'.

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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.

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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.

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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.

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The data showed regarding this advert 'Prime Town Centre 28 Bedroom Hotel - H198253 / 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.