4 Star Hotel Sold

4 Star Hotel Sold

31 August 2017
4 Star Hotel Sold

The Hotels & Leisure Division of Goadsby Commercial Estate Agents has reported the sale of the centrally located Blue Palms Hotel.

Occupying an elevated site adjacent to the Hilton Hotel and The Summit residential apartments development, the hotel comprises 10 en-suite letting bedrooms presented to a 4 star standard having also achieved a Trip Advisor Certificate of Excellence.  Extended in the early 1990’s, Blue Palms also offers its guests the facility of covered car parking whilst a 2 bedroom apartment provides living accommodation for an owner.  A retirement sale, the outgoing owners operated the business for 13 years prior to which they ran the neighbouring Shady Nook guest house for 10 years. 

Divisional Director of Goadsby Commercial, Ian Palmer, commented, “Blue Palms is an excellent example of a home and income B & B and very much what the typical Bournemouth purchaser is seeking.  It had been well maintained and refurbished to a particularly good standard which was reflected by a high level of repeat business.  This sale, however, only exacerbates the shortage of available properties such as this and Goadsby remains very much on the lookout for new instructions to meet demand”.

Blue Palms was freehold and sold off a quoting price of £699,500 which included goodwill, furnishings, fittings and equipment.

For further information or for an appraisal of your own business please contact Ian Palmer on 01202 550000 or by email: ian.palmer@goadsby.com

Related Articles

Goadsby Bring To Market Commercial Unit In Hollybank Crescent Hythe

23 May

The Hampshire office of Goadsby Commercial are pleased to bring to market 41 Hollybank Crescent, Hythe, Southampton.

Read more

Substantial Industrial Premises Sold In Wallisdown

17 May

Goadsby have, on behalf of a private vendor, sold 7 & 8 Lyon Road, off the Wallisdown Road in Poole.

Read more

Prominent Chandlers Ford Office Sold By Goadsby Commercial

11 May

Acting on behalf of private clients, the Hampshire Office of Goadsby Commercial are pleased to have sold the freehold of 34a Hiltingbury Road, Chandlers Ford, Hampshire.

Read more

How much is your home worth?

Request a valuation

Latest news items

Positions

Topics

News RSS Feed

Your session will expire in xx.xx
Continue or Log Out