A rare opportunity to acquire a popular 68 bedroom hotel in the resort destination of Bournemouth.
On the instructions of S J Woodward and C P Dempster, Joint Administrators of Shearings Hotels Limited
The hotel occupies a prominent position on Derby Road, a short distance to the east of the centre of Bournemouth. Both the Bournemouth beach (0.4 miles) and the town centre (0.6 miles) are easily accessible from the property. The hotel provides 68 en suite bedrooms and a good range of public areas on the ground floor. Additionally, there is a separate 3 bedroom property which was previously used as hotel manager’s accommodation.
The property is located to the east of the town centre on Bournemouth’s East Cliff, accessed from the A338 by local roads, around 1 mile away. Travel connectivity is good with Bournemouth travel interchange providing both a bus and train station, 0.9 miles from the hotel. Bournemouth Airport, which serves both UK and European destinations is 6 miles from the hotel.
Considered one of the prime locations in Bournemouth, the East Cliff area of town retains its Edwardian heritage whilst also being well located for Bournemouth’s town centre and beaches. Bournemouth offers a wide range of activities and attractions, including AFC Bournemouth, Coastal Activity Park, Russell-Coates Art Gallery and Museum, as well Pier and Pier approach which have benefitted from significant recent investment. In addition the town benefits from Bournemouth International Centre, offering one of the largest venues in Southern England for conferences, exhibitions, entertainment and events. Bournemouth Pavilion Theatre is located around 1 mile from the Hotel. There are numerous sandy beaches in and around the town (9 with Blue Flag awards) as well as seaside restaurants, cafes and beach houses.
Guest accommodation is provided in 68 en suite bedrooms. In addition, there are 15 staff bedrooms.
There is a range of ground floor public space including restaurant with 138 covers, bar and entertainment area with seating for 130, lounge and conference room.
BACK OF HOUSE AREAS
Range of storage and back of house areas including staff offices, commercial kitchen and wash up area.
Parking for circa 18 cars plus coach drop off area. Small patio area. Leisure swimming pool (not currently in use). In all the site extends to 0.95 acres.
MANAGER'S / OWNER'S HOUSE
There is a separate 3 bedroom house with lounge, kitchen and family bathroom plus private garden.
Long leasehold with circa 33 years remaining at an annual rent of £280.