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Christchurch. BH23 4JS

Property Details
Agent Ref No: H10360
Category: For Sale
Business for Sale
Type: Guest House / Hotel
Offer Type:
Price: £895,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-05-23
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

Deceptively spacious Cheshire Robbins designed property. Standing in the original grounds of Highcliffe Castle. Visit Britain 4 star (plus silver award) rating. Arranged over 2 floors only. Generous plot extending to approx. 1/3 acre. Passing trade. Gas fired central heating. UPVC double glazing. Guest use Wi-Fi. £120,000 refurbishment programme in current ownership to include quality furnishings and fittings throughout. Untapped trading potential. 10 year continued ownership.

LOCATION
Highcliffe Castle (Major Wedding Venue) approx. 350 yards. Golf Course within ¼ mile. Seafront approx. 650 yards (on foot). Shopping thoroughfare approx. 800 yards. Hinton Admiral Mainline Railway Station within 1 mile. Christchurch Town Centre just over 3 miles. Bournemouth International Airport approx. 7 miles.

FEATURES
Deceptively spacious Cheshire Robbins designed property. Standing in the original grounds of Highcliffe Castle. Visit Britain 4 star (plus silver award) rating. Arranged over 2 floors only. Generous plot extending to approx. 1/3 acre. Passing trade. Gas fired central heating. UPVC double glazing. Guest use Wi-Fi. £120,000 refurbishment programme in current ownership to include quality furnishings and fittings throughout. Untapped trading potential. 10 year continued ownership.

SUMMARY OF ACCOMMODATION
8 Letting Rooms (all en-suite). Dining Room (seating up to 22 covers). Lounge Area (seating 8 persons). Large Kitchen/Breakfast Room. Owners 3 Bedroom Accommodation.

TRADING & BUSINESS
The business is presently run singlehandedly on a B & B basis, at a modest tariff. It is felt that there is genuine potential to increase the turnover, with the introduction of evening meals and small functions, which we are informed in the last financial year was in the region of £117,000. We have not had sight of accounting information to verify this.

LICENCES/PERMISSIONS
We understand a current Premises Licence is held. We have not had sight of this documentation.