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Lymington. SO41 9EG

Property Details
Agent Ref No: H3682
Category: For Sale
Business for Sale
Type: Guest House / Hotel
Offer Type:
Price: £749,500.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-05-17
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

Highly desirable New Forest coast location and yachting haven. Deceptively spacious accommodation. Presented to a high 3 star standard throughout. Limited local competition. UPVC double glazing throughout. Full gas fired central heating. Freeview flat panel televisions (some with DVD’s), tea making facilities and radio clock alarms to letting bedrooms. Ongoing improvement and redecoration programme. Enclosed car park and garden.

LOCATION
Railway Station approx. 400 yards. Civic Buildings approx. 600 yards. Marina just over ½ mile. Ferry Terminal approx. ¾ mile. Beaulieu National Motor Museum approx. 6 miles. Bournemouth approx. 16 miles. Southampton within 18 miles.

FEATURES
Highly desirable New Forest coast location and yachting haven. Deceptively spacious accommodation. Presented to a high 3 star standard throughout. Limited local competition. UPVC double glazing throughout. Full gas fired central heating. Freeview flat panel televisions (some with DVD’s), tea making facilities and radio clock alarms to letting bedrooms. Ongoing improvement and redecoration programme. Enclosed car park and garden.

SUMMARY OF ACCOMMODATION
11 Letting Bedrooms – 2 in private use (9 en-suite). Restaurant (24 covers). Spacious Ground Floor Owners Accommodation.

TRADING & BUSINESS
Owing to other business commitments the owner currently chooses to trade on a B & B only basis up to the VAT threshold enjoying high occupancy levels for the summer season supplemented by commercial trade during the winter months. It is felt that there is a considerable potential beyond this with the possibility of opening the restaurant to non residents.

LICENCES/PERMISSIONS
We understand that a liquor licence has previously been held.