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Restaurant And Hotel In New Forest For Sale

New Forest, Hampshire
Asking Price:
£250,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Features
Beautifully presented family operated detached boutique hotel and bistro. Completely refurbished to an exceptional standard in current ownership. Features 6 newly fitted en-suite letting rooms and 50 cover bistro. Freehouse with spacious bar and function room. Exceptional, spacious owners 2 bedroom self-contained flat. Attractive gardens extending to approximately 1¼ acres. Ample car parking. Retirement sale.

Summary of accommodation
Bistro (50 covers). Kitchen. Bar. Reception/Waiting Area. Office. Function Room. 6 Double En-Suite Letting Rooms. 2 Walk in Store Rooms. Owners Accommodation comprising Lounge, Kitchen and 2 Double bedrooms.

Location
Situated on the edge of the New Forest National Park. Easy access to M27. Lyndhurst approx. 3¾ miles. Romsey approx. 5¾ miles. Southampton approx. 7 miles. Bournemouth approx. 24 miles.

Trading & business
The premises have been complexly refurbished by the current owners to the highest standard, and reopened in summer 2018. The business is achieving a turnover of between £6,000 to £10,000 per week. There is huge potential to increase upon this turnover figure as the business becomes more established, with increased marketing and a focus on function, party and wedding trade. Further accounts can be made available to genuinely interested purchasers.

Licences/permissions
We are informed that the property holds a Premises Licence granted by New Forest District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

Tenure
Leasehold. The premises are held under a 15 year upward only full repairing and insuring lease from 2016 with 5 yearly reviews, at a rent of £45,000 per annum, exclusive. The lease can be made available to genuinely interested parties.

Property information

Property:

Leasehold

Lease Terms:

LEASEHOLD. The premises are held under a 15 year upward only full repairing and insuring lease from 2016 with 5 yearly reviews, at a rent of £45,000 per annum, exclusive. The lease can be made available to genuinely interested parties.

Leasehold Rent:

£45,000 per annum

Living Accommodation:

Bistro (50 covers). Kitchen. Bar. Reception/Waiting Area. Office. Function Room. 6 Double En-Suite Letting Rooms. 2 Walk in Store Rooms. Owners Accommodation comprising Lounge, Kitchen and 2 Double bedrooms.

Location:

Situated on the edge of the New Forest National Park. Easy access to M27. Lyndhurst approx. 3¾ miles. Romsey approx. 5¾ miles. Southampton approx. 7 miles. Bournemouth approx. 24 miles.

Premises Details:

Bistro (50 covers). Kitchen. Bar. Reception/Waiting Area. Office. Function Room. 6 Double En-Suite Letting Rooms. 2 Walk in Store Rooms. Owners Accommodation comprising Lounge, Kitchen and 2 Double bedrooms.

Energy Performance Rating:
C

Contact Information

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