Advert Details
Upmarket guest house in Basingstoke

Advert ID: 850042
West End, Sherborne St John, Basingstoke, Hampshire, United Kingdom
Financials
Asking price:£1,485,000
Business description
A property with real opportunity

Currently run as an upmarket guest house, the accommodation has recently been updated, offering ten bedroom suites, with planning for an additional four bedrooms. Set within 4.33 acres of delightful grounds.

Believed to date from the late 1700s and early 1800s, Cleeves offers a wonderful opportunity to continue in its current use or could revert to a first class family home.

The business currently holds a Civil Marriage licence and the property is designated as having C1 (Hotels) use, permitting the premises to provide up to 14 bedrooms. It is also felt that the gardener's cottage offers potential for replacement to provide either new owners' accommodation or additional letting accommodation, subject to obtaining the necessary permissions.

The business could continue to operate as an excellent lifestyle bed and breakfast operation, capitalising on the strong corporate market from the nearby business district of Basing View and other business parks located within the M3/M4 corridor. Alternatively it could be developed into a full service business incorporating a restaurant facility, subject to obtaining necessary licences and permissions, depending on the aspirations of the new owner.

Conference Centre
Function Rooms
Gardens / Grounds
Owners accommodation
4.33 acres
Guest bedrooms: from 0 to 11
Car parking spaces: from 0 to 10
Property
Freehold
Expansion potential
Planning for an additional four rooms
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