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Hotel In Bournemouth For Sale

Bournemouth, Dorset
Asking Price:
£1,250,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

FEATURES
Located conveniently for all central amenities on Bournemouth’s renowned West Cliff. Highly rated on review websites. On site car parking. Gas fired central heating with 2 new boilers. Re-wiring. Television, tea and coffee making facilities to each bedroom. UPVC double glazing. Re-tiled shower rooms. Ongoing redecoration, re-carpeting and refurbishment programme. Re-slated roof. 9 camera CCTV system. Passing trade. Online booking. Private garden. Genuine retirement sale after 13 year ownership.

SUMMARY OF ACCOMMODATION
25 Letting Bedrooms (all en-suite). Bar Lounge (15). Dining Room (44).

TRADING & BUSINESS
Letting 24 bedrooms, to the year ended 30th June 2016 a turnover of £335,869 exclusive of VAT was recorded yielding a very impressive EBITDA figure of £176,428.

LICENCES/PERMISSIONS
We understand that a Premises Licence and HMO Licence are held. Planning consent has previously been granted to add an additional 4 bedrooms but has since lapsed. We have not had sight of these documents.

Property information

Property:

Freehold

Living Accommodation:

25 Letting Bedrooms (all en-suite). Bar Lounge (15). Dining Room (44).

Location:

Bournemouth International Centre approx. 200 yards. Bournemouth Pier within 600 yards. Bournemouth Square approx. 600 yards. Travel Interchange approx. 1½ miles.

Premises Details:

25 Letting Bedrooms (all en-suite). Bar Lounge (15). Dining Room (44).

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement sale.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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