FOR SALE
648486
B09526 / Rightbiz
CoGoGo is delighted to bring to the market a well-established and highly regarded bed and breakfast with an on-site bistro, located in the picturesque village of Cadnam on the edge of the New Forest National Park.
Owned and operated since 2019, this family-run business offers five well-presented guest rooms, with an additional room that could be utilised for further letting or private living accommodation. The 44-cover bistro is supported by a skilled in-house chef and has built a strong reputation for freshly prepared, locally sourced cuisine, attracting both residents and passing trade.
The business presents a superb lifestyle opportunity with proven turnover and scope to further develop trade, room occupancy, or events.
Interested parties are encouraged to get in touch with CoGoGo.
Location
Situated in Cadnam, Southampton, the business benefits from a prime position on the edge of the New Forest National Park. The area attracts a strong tourist trade, including walkers, holidaymakers, and visitors seeking countryside retreats.
Premises
The business occupies a charming 120-year-old building, recently refurbished to a high standard. The premises include guest accommodation, a stylish bistro dining area, a fully equipped kitchen, and supporting facilities, all presented in excellent condition.
Tenure
Leasehold business with approximately 5 years remaining on the lease.Â
Rent is £45,000 per annum, with business rates currently at £6,886.20 per annum.
Hours
The current operating hours are:
Monday - Closed
Tuesday - 6:00 pm to 11:00 pm
Wednesday to Saturday - 12:00 pm to 3:00 pm & 6:00 pm to 11:00 pm
Sunday - 12:00 pm to 4:00 pm
Staff
The business is run by the owners with support from 4–5 part-time staff members.
Financial Profile
We are advised that the business generates a turnover in the region of £300,000 per annum.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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