OFFERS OVER £450,000 - Established since 1990, 20 years with the current owner. 7 Bedrooms & owners accomodation. Excellent Home Based business.
Turnover in excess of £50,000 with plenty of growth potential, Vendors operate at their own pace.
Biomass and Solar Panel Renewable Energy Systems.
Plus a finger print recognition entry system. Ideal location for all local amenities, shops, night-life and the beach.
The business is located in Bournemouthm Dorset, close to the rail station and Asda Superstore. The building has 7 bedrooms, owners accommodation and one private parking space.
The business currently operates as an HMO and has a turnover of £50,242 and has great potential to be converted back to a Tourists Guest House. Previous years have seen a turnover of circa £74,000, but there is significant potential to increase further with online advertisement.
The accommodation comprises of 7 guest rooms with some shared bathroom facilities over 3 floors with owners accommodation on the ground floor and basement. The premises greatly benefit from a Biomass heating system, solar panels and a finger print recognition entry system.
Summary. OFFERS OVER £450,000. This is an excellent opportunity to acquire a small and profitable Guest House/HMO in Dorset. There is potential to convert the usage back to a tourist guest house with the additional income from providing breakfasts etc. or continue in its current format. It could also be an attractive investment opportunity for refurbishment and resale as a residential property.
Is accommodation included?: