Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Renowned Hotel And Function Venue In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£795,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Features
Goadsby Commercial present well renowned hotel and wedding venue. Generous ground floor trading area. Mature setting on prestigious East Cliff. Civil wedding licence. Superior letting rooms. Pressurised heating system with 2 new boilers. On site parking. Genuine reason for sale after 14 year ownership. Considerable potential. Floor plan available by request.

Summary of accommodation
16 Letting Bedrooms (15 en-suite). Residents Lounge. Bar Lounge (seating 20/24 persons). Conservatory Restaurant (seating 52 covers). Conference/Function Room. Kitchen. Still/Prep Room. Staff Cloakroom. Ladies & Gents Cloakrooms.

Trading & business
The owners currently choose to operate a B & B/ room only business model, in addition to which they have established a strong reputation as a wedding and function venue. Accounts can be made available to genuinely interested parties.

Licences/permissions
We understand that a Premises Licence (Full On) and Civil Wedding Licence are held.

Property Information

Property:

Leasehold

Lease Terms:

Meyrick estate ground leasehold. The hotel is held on an 85 year lease from 25th March 2014, at a current rent of £8,000 per annum until 24th March 2023 and then subject to reviews linked to the retail price index.

Leasehold Rent:

£8,000 per annum

Location:

East Cliff – Cliff Top approx. 200 yards. Business District and University Buildings approx. 700 yards. Travel Interchange approx. ½ mile. Bournemouth Pier within 1 mile. Bournemouth Square within 1½ miles. Bournemouth International (Hurn) Airport 7 miles.

Premises Details:

16 Letting Bedrooms (15 en-suite). Residents Lounge. Bar Lounge (seating 20/24 persons). Conservatory Restaurant (seating 52 covers). Conference/Function Room. Kitchen. Still/Prep Room. Staff Cloakroom. Ladies & Gents Cloakrooms.

Energy Performance Rating:
C

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Goadsby. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here