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Here we have a beautiful Grade II listed Hotel Premises, within the Hampshire town of Wickham.
The property has 12 guestrooms with 8 traditional Georgian style Rooms, also a separate Annex which has 4 rooms all of which are modern and recently refurbished.
The Hotel itself has 2 established brands within it, the hotel and an in house restaurant which has its own brand and has a great reputation locally.
The property has had a recent full cosmetic refurbishment, with a brand new kitchen and restaurant, the refurbishment has been carried through to the main hotel, including all bedrooms and public area's. A new downstairs refurbishment consists of the lounge, reception and both public toilet's.
See below Hotel Facilities
- 12 Guestrooms ( selection of doubles & suite's)
- Private Dinning Room / Meeting Room
- Bar with Beer Pump & Fully Refurbished Seating
- 12 month Old Brand New Kitchen costing over £160K
- Outside Separate Dry Store
- Walk in Fridge
- 50 Seater Restaurant
- Guest Seating Area within the front Lounge
- Separate Annex - Modern Bedrooms with walk in showers
- 2 Outdoor Storage Unit's
- Hotel Office Suite with equipment
- Reception Desk with equipment
- Restaurant Still Room with Glass Washer
- Garden with Patio and Outdoor Seating
- Staff Accommodation with ensuite
- Car Park
Business Details Below :-
- Occupancy for the Hotel 90%
- Average Room Rate of £89.00 (increasing)
- Turnover for Rooms available on request
- Hotel Location perfect for travelling guests located with good commuter routes to Portsmouth & Southampton via M27 & A27
- Restaurant at present is functional but not open to general public or Hotel Guests
- Business is showing good year on year growth
Terms of Lease are 17 Valid until 2036, on a full repairing and insuring Lease. Rent Payable Quarterly, potential buyer will need to be approved by Landlord.
Lease is non negotiable
£85,000 per annum
Accommodation on the top floor of the premises which is set away from the guest bedrooms, double room with small living space and ensuite
Wickham Fareham Hampshire
Hotel, 12 Beds, Full Facility Hotel with Restaurant & Kitchen
None under this Leasehold -
Small Properties outside the area, the Only Hotel within Wickham Square itself
The current owner has other business interests and other investments to pursue,
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