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Ringwood. BH24 3HS

Property Details
Agent Ref No: H12226
Category: For Sale
Business for Sale
Type: Guest House / Hotel
Offer Type:
Price: £875,000.00
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

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  • Up to 80% LTV
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Description

Former Gentleman’s residence built in 1910 for Lady Morant. Landscaped gardens approaching 2 acres with distant views to the Purbeck Hills. 4 star AA rating. Arranged over 2 floors only. Leaded UPVC double glazing at 1st floor level. Passing trade. Oil fired C.H throughout. Tea making facilities & Freeview TV to each bedroom. Potential to convert roof space to further bedroom(s). Flexible accom. suiting a variety of uses. Retirement sale following 11 year ownership. Commuting distance to London.

LOCATION
Ringwood Town Centre within 2 miles. Burley approx. 3½ miles. Lyndhurst within 13 miles. Bournemouth Town Centre within 15 miles. Salisbury approx. 17 miles. Southampton approx. 20 miles.

FEATURES
Former Gentleman’s residence built in 1910 for Lady Morant. Landscaped gardens approaching 2 acres with distant views to the Purbeck Hills. 4 star AA rating. Arranged over two floors only. Leaded UPVC double glazing at first floor level. Passing trade. Oil fired central heating throughout. Tea making facilities and Freeview television to each bedroom. All bathrooms replaced in current ownership. Potential to convert roof space to further bedroom(s). Flexible accommodation suiting a variety of uses. Retirement sale following 11 year ownership. Commuting distance to London.

SUMMARY OF ACCOMMODATION
6 Letting Bedrooms (all en-suite). Dining Room. Residents Lounge. Large Kitchen. Owners 3 Bedroom Flat.

TRADING & BUSINESS
The property has been established as a B & B/private hotel for many years and also popular for “house parties” where the accommodation is rented exclusively to a large family group. The present owners have in recent times traded on a semi-retirement basis with accounting information available to genuinely interested parties.

LICENCES/PERMISSIONS
We understand a Premises Licence is held.