Detached House for Sale in Lee-on-Solent, Hampshire, UK

Thriving Coastal Hampshire Guest House

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
Lounge 5.27m x 4.01m
Dining Room 3.31m x 2.86m
Kitchen 3.31m 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)
· Sustainable growth
· Utility room extended to rear
· Front drive recently re-laid (brick paving)