Guest Houses for sale in Bournemouth

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Guesthouse - Dorset

Bournemouth, Dorset, England

  • Freehold Price: £450,000
  • Annual Turnover: £50,242
Seller Reference: BC47908
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Business Description
 
 
 
 
 
 
 
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Seller Reference: BC47908
Request Details
Business Description
• 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, owner’s 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 Tourist’s 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 owner’s 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.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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