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Preferred Commercial is delighted to offer for sale this popular guest house, which was established in 1970 and which has been in our client's careful hands since 2004. The guest house is only now offered to the market due to our client's other business interests. The business trades all year round and generates a turnover in the region of £170,000 per annum with a gross profit of 85%. Oaklea Guest House offers 15 high quality letting rooms with en-suite facilities on a bed and breakfast only basis. We feel the turnover could be further increased by embarking on a modest marketing campaign to achieve a higher occupancy rate. This 4-star rated guest house enjoys much repeat corporate trade in the week and good tourism levels at the weekend. The business has an enviable reputation and is well-known for providing quality accommodation. There is a website in place advertising the business and services provided, which includes on-line booking facilities. The premises have been fitted to a high standard throughout and boast 3-bedroom owners' accommodation. We feel this represents an ideal opportunity to acquire an already busy guest house with an excellent reputation and 3-bedroom owners' accommodation. Early negotiations with Preferred Commercial must come highly recommended.



Property:
Freehold
Location:
Oaklea Guest House occupies detached 3-storey premises, ideally located in a prominent trading position on the main road running through the village of Hook, Hampshire. The premises benefit from ample private parking and are surrounded by a large residential area. The local amenities are close by including schools and churches. There excellent public transport links in the area with bus stops and a railway station within easy walking distance. The village's main high street is a short walk away and possesses a wealth of complementary shops and businesses. Hook is popular with commuters due to excellent road and rail links with London and is a highly desirable place in which to live and work. Basingstoke lies approximately 4.5 miles to the west, while Reading lies 12 miles to the north.
Premises details:
Substantial 3-storey guest house premises with 15 en-suite letting rooms and 3-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Guest lounge with feature fireplace and bay window
• Breakfast room with feature fireplace and tables and chairs for up to 22 covers
• Recently refitted kitchen, fully equipped to suit the trade. Walk-in pantry and utility area.
• Owners' accommodation with 3 x double bedrooms, 1 with en-suite bathroom, lounge, family bathroom. Patio doors to garden.

Letting Rooms
All letting rooms with en-suite shower facilities, flat screen TVs and free WiFi access.
• 6 x double bedrooms
• 2 x twin bedrooms
• Disabled friendly twin bedroom
• 2 x family rooms
• 4 x single bedrooms

External
• Large private car park to front
• Mature garden to rear with shed

Trading hours:
All year round

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