Hotels and Motels for sale in Bournemouth

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Renowned Hotel & Function Venue

Bournemouth, Dorset, England

  • Leasehold Price: £795,000
Seller Reference: H11020
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: H11020
Request Details
Business Description
FEATURES
Goadsby Commercial present well renowned hotel and wedding venue. Generous ground floor trading area. Mature setting on prestigious East Cliff. Civil wedding licence. Superior letting rooms. Pressurised heating system with 2 new boilers. On site parking. Genuine reason for sale after 14 year ownership. Considerable potential. Floor plan available by request.

SUMMARY OF ACCOMMODATION
16 Letting Bedrooms (15 en-suite). Residents Lounge. Bar Lounge (seating 20/24 persons). Conservatory Restaurant (seating 52 covers). Conference/Function Room. Kitchen. Still/Prep Room. Staff Cloakroom. Ladies & Gents Cloakrooms.

TRADING & BUSINESS
The owners currently choose to operate a B & B/ room only business model, in addition to which they have established a strong reputation as a wedding and function venue. Accounts can be made available to genuinely interested parties.

LICENCES/PERMISSIONS
We understand that a Premises Licence (Full On) and Civil Wedding Licence are held.
Tenure:
Leasehold
Location Details:
East Cliff – Cliff Top approx. 200 yards. Business District and University Buildings approx. 700 yards. Travel Interchange approx. ½ mile. Bournemouth Pier within 1 mile. Bournemouth Square within 1½ miles. Bournemouth International (Hurn) Airport 7 miles.
Leasehold Term:
MEYRICK ESTATE GROUND LEASEHOLD. The hotel is held on an 85 year lease from 25th March 2014, at a current rent of £8,000 per annum until 24th March 2023 and then subject to reviews linked to the retail price index.
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