Substantial Hotel Investment – £198,000 Per Annum

Goadsby Commercial present long established fully managed operation. Popular West Cliff location convenient for the amenities of Central Bournemouth. Generously proportioned bedrooms. Sea glimpses. Ongoing refurbishment. Passenger lift. New water tanks. Full gas fired central heating and part double glazing. 24 Camera CCTV system (expandable to 32). LED lighting and USB sockets throughout. Capacity for 112 bed spaces. Suit flat conversion s.t.p.p.

LOCATION
West Cliff – Cliff Top approx. 200 yards. Bournemouth International Centre approx. 650 yards. Bournemouth Square approx. ½ mile. Travel Interchange within 2 miles. Bournemouth International (Hurn) Airport approx. 7 miles.

SUMMARY OF ACCOMMODATION
47 Letting Bedrooms (all ensuite). Residents Lounge (30). Bar Lounge (20). Restaurant with function area (100).

TENANCY DETAILS
The Hotel is currently let on an original 10 year lease expiring 20th August 2033 subject to 3 yearly reviews with a landlord only break clause in August 2028. The passing rent is £198,000 p.a.x. until August 2026, the first review (from a base rent of £160,000). Additionally, two further lump sum payments of £33,000 are due to the incumbent landlord in August 2025 and 2026. The lease is available by request.