Semi-detached house for sale in Bournemouth, Dorset BH1

£400,000
Semi-detached house for sale - 7 bedrooms 7 1 1
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Property features

  • Offers over £400,000 - Established since 1990,20 years with the current owner. 7 Bedroom guest house with Owners Accomodation. Excellent Home Based business.
  • Turnover in excess of £50,000 with plenty of growth potential to increase bookings, Vendors operate at their own pace.
  • Biomass and Solar Panel Renewable Energy Systems.
  • Ideal location for all local amenities, shops, night-life and the beach.

Property description

Reference - 47945

Description
Ferriby Guest House is located in Bournemouth, Dorset, close to the rail station and Asda Superstore. The building has 7 bedrooms, owner’s accommodation and one private parking space.

The business currently operates as an HMO and has a turnover of £50,242 and has great potential to be converted back to a Tourist’s Guest House. Previous years have seen a turnover of circa £74,000, but there is significant potential to increase further with online advertisement.

The accommodation comprises of 7 guest rooms with some shared bathroom facilities over 3 floors with owner’s accommodation on the ground floor and basement. The premises greatly benefit from a Biomass heating system and solar panels.

Building External
The building is an attractive semi-detached two storey painted brick house with basement and extended loft space. At the front is a small garden and private parking space to the right-hand side. At the rear is a back yard which includes a cabin utilised as a utility room, biomass boiler/furnace room, storage shed and a sheltered smoking area.

Call to Action
The ground floor consists of a main hallway leading to a family bedroom with ensuite shower, a double bedroom with ensuite shower, dinning room, kitchen and bathroom. The utility cabin can also be accessed internally from the rear of the building.

The basement accommodates a studio bedroom/lounge used by the owners.

The first floor comprises of one double/twin bedroom with private w/c, a double and two single bedrooms.

The second floor (Loft extension) comprises of one single bedroom, bathroom and extensive storage space.

Throughout the building there is a CCTV system with 6 cameras.

Residential Accommodation
The residential accommodation consists of a bedroom/lounge in the basement, plus a dining room, kitchen and bathroom on the ground floor.

Sales
Current sales average £50,000 per annum (approximately).

Accounts

2019 - Sales £50,242


2019 – Net Profit £18,056
2019 – Reconstituted Net Profit £35,123

Staff
Managed by the owners with one part time Housekeeper.

Summary
Available at offers over £400,000, this is an excellent opportunity to acquire a small and profitable Guest House/HMO in Dorset. There is potential to convert the usage back to a tourist guest house with the additional income from providing breakfasts etc. Or continue in its current format. It could also be an attractive investment opportunity for refurbishment and resale as a residential property.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Trading Hours
The business currently operates 24/7

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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