Glen Road, Bournemouth BH5

£795,000

Guide price

  • Bedrooms: 12
An excellent lifestyle opportunity in the popular Boscombe Spa area of Bournemouth to purchase a freehold hotel and thriving business. The hotel is situated prominently on the crossroads of Glen Road, Percy Road and Michelgrove road just over half a mile to the beach.

The hotel is presented in excellent condition and comprises of a three storey detached building with forecourt parking to the front for seven vehicles and to the rear is a pretty courtyard area easily seating 14 people. Accommodation includes 12 en-suite bedrooms, a large residents lounge, residents dining room, art studio, kitchen and laundry area, study/office plus spacious reception hallway.

Currently, the business runs providing niche Art Holidays in Dorset with a friendly welcoming atmosphere in comfortable en-suite accommodation. Professional and supportive tutors are on hand providing guidance and tuition in some of Dorset's most stunning locations. We are advised that currently the hotel is not open during Bank Holidays, Easter or during the Airshow. The annual turnover is approximately £160,000 per annum with a gross profit of 69%. Fully prepared accounts available on request.

Arrange viewing 01202 303066

Saxe Coburg

24 Haven Road, Canford Cliffs, Poole, Dorset

See all properties from this agent

Send me homes like this by email

Bournemouth Echo