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Contemporary Function & Dining Venue - 31 Letting Bedrooms

Bournemouth, Dorset, England

  • Price: £2,000,000
Seller Reference: H10816
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: H10816
Request Details
Business Description
FEATURES
Goadsby Commercial present highly regarded function and wedding venue. AA 4 star rating. Mature plot extending to 0.83 acre. Quality contemporary décor and furnishings throughout. AA rosette restaurant. 6 ground floor bedrooms. Programmable card locks. Michelin Guide recommended. Passenger lift. Air conditioning and high speed internet. 4 BEDROOM DETACHED OWNERS HOUSE. Generous on site car park. Trade courtyard and garden. Unique Town Centre opportunity. 4 pairs of interconnecting bedrooms.

SUMMARY OF ACCOMMODATION
31 Letting Bedrooms (all en-suite). No 34 Restaurant (30/40 covers). Bar Lounge (seating 30). Reception Lounge (seating 10). Paloma Suite (seating 60/80). Aurelia Suite (seating 100). Courtyard (seating 50). 4 BEDROOM DETACHED HOUSE.

LOCATION
Cliff Top lift (presently under repair) to beach approximately 350 yards. Central Business District approximately 500 yards. Travel Interchange just over ½ mile. Bournemouth International Centre within ¾ mile. Bournemouth International (Hurn) Airport approximately 7 miles.

TRADING & BUSINESS
To the year ended March 2019 a turnover of £1,052,662 was recorded exclusive of VAT.

LICENCES/PERMISSIONS
We understand that both premises and wedding licences are held. We have not had sight of these documents.

TENURE
LEASEHOLD. The property is held on an original 99 year lease from 2004 at an annual rent of £34,500 exclusive, subject to 5 yearly rent reviews. We have not had sight of this document.
Location Details:
Cliff Top lift (presently under repair) to beach approximately 350 yards. Central Business District approximately 500 yards. Travel Interchange just over ½ mile. Bournemouth International Centre within ¾ mile. Bournemouth International (Hurn) Airport approximately 7 miles.
Other Term:
LONG LEASEHOLD. The property is held on an original 99 year lease from 2004 at an annual rent of £34,500 exclusive, subject to 5 yearly rent reviews. We have not had sight of this document.
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