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Established B&B With Trading Pattern For Sale

New Forest, Hampshire
Asking Price:
£749,995 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Features
Within the New Forest National Park. Visit England 4 star rated (Silver Award). Reputedly established for 150 years. Total refurbishment programme in current 12 year ownership. Fully gas fired central heating and UPVC double glazing throughout. Flexible accommodation. Tea making facilities, radio clock alarms, flat screen televisions and fans to letting bedrooms. Trip Advisor “Hall of Fame” award. Member of the Greenleaf Tourism Scheme. 5/5 food hygiene rating. Genuine retirement sale. Floorplan available by request.

Summary of accommodation
6 or 5 Letting Rooms (all en-suite). Lounge/Breakfast Room. Owners 2 Reception, 1 or 2 Bedroom Apartment.

Location
Lyndhurst approx. 3½ miles. Paultons Park (Peppa Pig World) within 4 miles. Southampton City Central approx. 9 miles. Southampton Cruise Terminal approx. 10 miles. Lymington approx. 13 miles. Salisbury approx. 15 miles. Winchester approx. 17½ miles. Bournemouth approx. 23 miles.

Trading & business
The current owners have strong advance bookings and choose to close for 10 weeks a year, including four weeks during the peak summer months, and for two days every two weeks which also keeps them under the VAT level. They also provide a flourishing cruise service whereby guests stay the night before their cruise, leave their car and transport is arranged to and from the cruise terminal. In the year ending 31st March 2019, a turnover of £82,102 was recorded yielding a gross profit of £63,838 and an adjusted net profit of £40,520.

Licences/permissions
Planning consent (12/97461) was granted in 2012 for the conversion of the garage to ancillary owners accommodation. It is felt this could be re-instated or amended to provide additional letting accommodation.

Property Information

Property:

Freehold

Living Accommodation:

6 or 5 Letting Rooms (all en-suite). Lounge/Breakfast Room. Owners 2 Reception, 1 or 2 Bedroom Apartment.

Location:

Lyndhurst approx. 3½ miles. Paultons Park (Peppa Pig World) within 4 miles. Southampton City Central approx. 9 miles. Southampton Cruise Terminal approx. 10 miles. Lymington approx. 13 miles. Salisbury approx. 15 miles. Winchester approx. 17½ miles. Bournemouth approx. 23 miles.

Premises Details:

6 or 5 Letting Rooms (all en-suite). Lounge/Breakfast Room. Owners 2 Reception, 1 or 2 Bedroom Apartment.

Energy Performance Rating:
C

Contact Information

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