It’s not every day an Art Hotel comes to market, offering a gross annual profit of 69%. Saxe Coburg Estate Agents have today listed a three-storey, 12-bedroom, freehold hotel in the popular Boscombe Spa area of Bournemouth.
This is a thriving business, with an annual turnover of circa £160,000.
Owning and running a hotel is no mean-feat however the convenience of the Boscombe Spa Hotel is that it’s already a thriving business, meaning the new owner can move in and hit the ground running immediately.
The converted Georgian house retains many original features, with a country-house atmosphere and a flower-filled courtyard garden. The hotel is presented in excellent condition with substantial forecourt parking and the pretty rear courtyard area easily seats 14 people; ideal for the summer months.
All 12 bedrooms are en-suite, there is a large residents lounge, residents dining room, art studio, kitchen and laundry area, study/office, plus spacious reception hallway.
The business is unique as it runs niche Art Holidays in Dorset. The hotel has developed a superb reputation, welcoming thousands of south-coast seekers and art lovers over the years.
The established and extremely loyal client base enjoys excellent tuition, comfortable accommodation and home cooked food, which receive top reviews!
The art courses are specially designed by the current owners, with classes being studio based as well as on location.
“This is an excellent lifestyle opportunity, to purchase a flourishing business,” says Sales Manager Lynn Kravos, “the hotel is situated prominently on the crossroads of Glen Road, Percy Road and Michelgrove road just over half a mile to the beach, meaning there are lovely walks to be enjoyed also.”
This is a dynamic hotel in a superb location offering bespoke courses in one of Dorset’s most stunning locations.
“Opportunities like this are rarely available,” continues Lynn, “this would suit a hotelier who sees an opportunity to develop the concept, or an art-loving individual who wants to continue the legacy.”
This property is on the market with Saxe Coburg Estate Agents for £845,000.
Viewings are now being taken. Please contact Lynn Kravos from our Christchurch branch on 01202 303066 ext 650 to book your viewing.