Location: Close to the West Cliff, Bournemouth Pier, 8 Minute Walk to the Beach
Guide Price: £2.5m
No. of Keys: 60…Planning Application in to Convert to 40 Apartments
The Opportunity: The hotel has traded for many years, as a typical seaside two/three-star hotel, catering for domestic holidaymakers. It is currently owned by a significant UK coach/tour operator, who can continue to supply business to the new owners, pending planning application.
The hotel currently has a bar lounge, a further entertainment room and a 110-seater restaurant. The 60 rooms are over three floors, with lift – Ground, first and second.
Bournemouth is well situated on England’s south coast on chalk cliffs overlooking seven miles of golden sand. It is known for it’s natural beauty as well as its cultural vibrancy and diversity. Bournemouth’s town centre is lively and cosmopolitan, marked by pedestrian boulevards and street cafés.
In high summer there is free entertainment, including candle illuminations, firework evenings and live music from the garden bandstands, as well as magnificent concerts from the Bournemouth Symphony Orchestra. To see the resort from a different angle, why not take a cruise from the pier or try the ‘Bournemouth Eye’, a tethered balloon which rises to 160 metres over the Gardens, giving a bird’s-eye view of the town.
Bournemouth lies in close proximity to a number of intriguing landscapes, towns, villages and magnificent cultural sites. The Dorset coastline, marked by its Jurassic rock forms, has been made a World Heritage site whilst the New Forest, an area protected by the National Trust, provides a home for wild ponies, deer and cattle.
Salisbury not only boasts one of the oldest and most majestic cathedrals in the country, but the surrounding plain is also home to vast expanses of rolling countryside and of course, the enigmatic Stonehenge.
Main Picture: The Hotel lounge, so reminiscent of how hotels used to look!
Current Owner: Domestic tour operator
Flag and Management: Free to new owner.
Financials: 2018/19 Figures available upon LOI/EOI
Agent: Local agent in partnership with THPT
Guide Price: £2.5m
Guide Price per Key: £42k
Date Posted: June 2021
THPT Comment: This is an opportunity to acquire a typical England South Coast three-star hotel and either gentrify it into a trendy boutique property, or convert it into apartments as a pure property play.
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This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.