Detached House For Sale in Lee-On-Solent, Hampshire UK
Thriving Coastal Hampshire Guest House
Asking Price: £495,000
LOCATION Lee on the Solent, Hants, 5 minutes walk from sea front and town centre.
PROPERTY Substantial Freehold Detached Property with 4 letting rooms (3 en-suite and 1 with separate private bathroom) and separate ground floor owners accommodation. Four star rated and recently upgraded to Silver Award.
BUSINESS Established 4 years ago this business has been growing from strength to strength. Combined growth and incorporating a 4th letting room in April 07 the figures have increased by 214% against 2006 figures (5th room now also available). (April-June) Personal occupancy rate- approx. over 60% Projected 2007/08 income to £45k
TURNOVER The Vendors advise that the Turnover for the previous 12 months to end August 2008 approx £51,500.
STAFF Operated by owning couple.
TRADING HOURS As required
ACCOMMODATION Letting Accom. Bedroom 1 4.24m x 3.36m en-suite Bedroom 2 3.95m x 3.26m en-suite Bedroom 3 3.30m x 2.96m en-suite Bedroom 4 3.32m x 2.46m en-suite Lounge/Breakfast Room 2.5m x 11.88 (under construction)
Owners Accom. Bedroom 5.12m x 3.16m widening to 4.88m en-suite D/stairs Guest W/C Lounge5.27m x 4.01m Dining Room 3.31m x 2.86m Kitchen3.31m x 3.21m Utility Room
Car parking at front for 5 cars. Beautifully landscaped rear garden.
FIXTURES & FITTINGS
Includes: All fixtures, fittings and linen in letting rooms. All bathroom fittings All kitchen/utility fittings and fixtures (fridges, freezer, cooker, dish-washer, etc.)
Full inventory available on request COMMENTS
High occupancy area
Recent addition of 4th letting room substantially increasing revenues
Year round lettings with seasonal highs
Owners accommodation on ground floor
Large conservatory built as lounge/breakfast room and new bedroom
All rooms en-suite
Established clients from tourism, business and nearby naval establishments
4 Star English Tourist Council rating (Silver Rating)