5 Star Accommodation & 2 Rosette Dining/Function Venue

  • Freehold Price: £1,100,000
Highcliffe, Dorset, England
Seller Ref:H195759
For Sale

5 Star Accommodation & 2 Rosette Dining/Function Venue

Highcliffe, Dorset, England
Seller Ref:H195759
  • Freehold Price: £1,100,000

Overview

Seller Ref: H195759

Description

Goadsby Commercial present sought-after New Forest coast location. Highly regarded 2 AA rosette restaurant and function/ wedding venue. AA 5 star guest accommodation rating. Purpose built bedroom block (1999). High quality fittings and equipment. UPVC double glazing with window blinds. Gas fired central heating. Bathrooms refurbished in 2022. Air conditioning. Inside/Outside dining. Future development potential. On and off site car parking. Hotel or restaurant available individually.

LOCATION
Highcliffe Castle Wedding Venue approx. 400 yards. Highcliffe Castle Golf Course approx. ¼ mile. Seafront approx. 700 yards (on foot). Highcliffe Shopping thoroughfare approx. 800 yards. Hinton Admiral Mainline Railway Station approx. 1 mile. Christchurch approx. 3 miles. Bournemouth approx. 8 miles.

SUMMARY OF ACCOMMODATION
10 Letting Bedrooms (all en-suite). Restaurant. Orangery. Conservatory. Commercial Kitchen. Courtyard.

TRADING & BUSINESS
To the year ended 2022 a turnover in the region of £1.25 million yielding an EBITDA of £450,000 was forecast.

NB This included 3 letting suites not included within the sale.

LICENCES/PERMISSIONS
The owners lease the car park of St Marks Church opposite at £1,000 per annum to provide ample overflow car parking. We understand that a Premises Licence and a Civil Marriage Licence is held. Additionally, plans have been drawn to redevelop the site as 6 townhouses.

Location Details:
Highcliffe Castle Wedding Venue approx. 400 yards. Highcliffe Castle Golf Course approx. ¼ mile. Seafront approx. 700 yards (on foot). Highcliffe Shopping thoroughfare approx. 800 yards. Hinton Admiral Mainline Railway Station approx. 1 mile. Christchurch approx. 3 miles. Bournemouth approx. 8 miles.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

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