Boscombe Manor, Bournemouth

Sold £795,000

FULL DETAILS

An excellent lifestyle opportunity in the popular Boscombe Spa area of Bournemouth to purchase a freehold hotel and thriving business. The hotel is situated prominently on the crossroads of Glen Road, Percy Road and Michelgrove road just over half a mile to the beach.
The hotel is presented in excellent condition and comprises of a three storey detached building with forecourt parking to the front for seven vehicles and to the rear is a pretty courtyard area easily seating 14 people. Accommodation includes 12 en-suite bedrooms, a large residents lounge, residents dining room, art studio, kitchen and laundry area, study/office plus spacious reception hallway.
Currently, thebusiness runs providing niche Art Holidays in Dorset with a friendly welcoming atmosphere in comfortable en-suite accommodation. Professional and supportive tutors are on hand providing guidance and tuition in some of Dorset’s most stunning locations. We are advised that currently the hotel is not open during Bank Holidays, Easter or during the Airshow. The annual turnover is approximately £160,000 per annum with a gross profit of 69%. Fully prepared accounts available on request.
The building benefits from a new roof with a 15 year guarantee and a new water tank has recently been installed.

KEY FEATURES

  • Annual Turnover £160,000
  • Car Parking for 7 Vehicles
  • Established Clientele Base
  • Excellent Condition Throughout
  • Forecourt Parking
  • Freehold Hotel
  • Niche Art Holidays
  • Private Rear Courtyard Garden
  • Superb Location
  • Twelve En-Suite Bedrooms

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