Superbly Located Bournemouth Hotel For Sale

Business description

LOCATION
Bournemouth International Centre approximately 150 yards. Bournemouth Square approximately ¼ mile. Bournemouth Pier approximately ¼ mile. Travel Interchange approximately 1¼ miles. Bournemouth International (Hurn) Airport approximately 7 miles.

FEATURES
Superbly located for all central amenities. PANORAMIC SEA VIEWS. Gas fired central heating (zoned to owners flat). Passenger lift to all floors. Colour television, tea making facilities and direct dial telephones to letting bedrooms. Master key system. Ongoing refurbishment programme. Burglar alarm. Established staff team. Extensive on site car park. Potential commercial garage unit. PART EXCHANGE CONSIDERED.

SUMMARY OF ACCOMMODATION
32/35 Letting Bedrooms (33 en-suite). Bar Lounge. Residents Lounge. Function Room. Dining Room/Ballroom. 2 Bedroom Owners Flat.

TRADING & BUSINESS
The hotel enjoys strong advance bookings and to the year ended May 2010 a turnover in excess of £325,000 was recorded.

Property information

Property:

Leasehold

Lease terms:

LEASEHOLD. The property is held on an original 25 year Medlycott Trust lease commencing March 2003 at a current rent of £34,000 per annum subject to 5 yearly reviews.

Leasehold rent:

£34,000 per annum

Living accommodation:

32/35 Letting Bedrooms (33 en-suite). Bar Lounge. Residents Lounge. Function Room. Dining Room/Ballroom. 2 Bedroom Owners Flat.

Location:

Bournemouth International Centre approximately 150 yards. Bournemouth Square approximately ¼ mile. Bournemouth Pier approximately ¼ mile. Travel Interchange approximately 1¼ miles. Bournemouth International (Hurn) Airport approximately 7 miles.

Premises details:

32/35 Letting Bedrooms (33 en-suite). Bar Lounge. Residents Lounge. Function Room. Dining Room/Ballroom. 2 Bedroom Owners Flat.