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Ringwood. BH24 4ED

Property Details
Agent Ref No: H7695
Category: To Let
For Sale
Business for Sale
Business Type: Leisure
Care
Offer Type:
Price: £750,000.00
Rent: P.O.A
Yield: Not Applicable
Further Property Details
Date Listed: 2012-02-20
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading

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Description

Multi-faceted freehold business in the New Forest National Park. Highly desirable village location. Established tea room operating for over 60 years with local and tourist trade. New Forest Visitor Information and coach drop off point. Home and income opportunity. Rear tea garden for 50/60 covers. Car park. Growing accommodation business. Flat screen Freeview televisions and tea making facilities to letting rooms.

LOCATION
Bransgore approx. 4 miles. Ringwood just over 5 miles. New Milton within 7 miles. Lyndhurst approx. 7 miles. Brockenhurst approx. 7½ miles. Bournemouth approx. 16 miles.

FEATURES
Multi-faceted freehold business in the New Forest National Park. Highly desirable village location. Established tea room operating for over 60 years with local and tourist trade. New Forest Visitor Information and coach drop off point. Home and income opportunity. Rear tea garden for 50/60 covers. Car park. Growing accommodation business. Flat screen Freeview televisions and tea making facilities to letting rooms.

SUMMARY OF ACCOMMODATION
Forest Tea House Shop Area. Garden Restaurant (up to 50 covers). Commercial Kitchen. Forest Cottage B & B Kitchen/ Breakfast Room. Owners Sitting Room. Owners Bedroom. Guest’s Breakfast Room. 4 Letting Bedrooms.

TRADING & BUSINESS
The tea rooms are presently let on a tenancy at will at a current rent of £15,000 per annum. In previous years a turnover in the region of £120-£130,000 per annum has been achieved. The B & B business is recently established. The owner conservatively projects an income of £25,000 per annum from a restricted trading pattern given strong early demand.

LICENCES/PERMISSIONS
We understand a Premises and Off licence are currently held. The owner has commissioned plans to convert the Garden Room Restaurant into 4 superior letting rooms which are available by request. We have not had sight of this documentation.