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About the property
8 BEDROOM GUEST HOUSE IN HEDGE END ARRANGED OVER TWO FLOORS
Village Centre approx. 0.3 miles. Hedge End Retail Park approx. 1.3 miles. Botley Railway Station approx. 1.7 miles. Ageas Bowl within 2 miles. Southampton (Eastleigh) Airport within 6 miles. Southampton City Centre approx. 6 miles. City Cruise Terminal approx. 7 miles.
Easy access to transport links. Arranged over 2 floors only. Limited competition. Established over 50 years. Full UPVC double glazing. Gas fired central heating throughout with TRVs. Flat screen televisions and tea making facilities to letting rooms. Off road parking for up to 14 vehicles. Garden. Also suit HMO s.t.p.p.
SUMMARY OF ACCOMMODATION
8 Letting Bedrooms (4 en-suite). Breakfast Room. 2 Bedroom 2 Reception Owners Flat.
TRADING and BUSINESS
On a Bed and Continental breakfast basis, the current owners have established a commercial following and cruise passenger (stay and park) clientele base. Run in semi-retirement they choose to trade below the VAT threshold.
£5,100 at the Uniform Business Rate of 49.9p in the £ for 2020/21. For the year 2020/21 small businesses with a rateable value up to £12,000 will receive 100% rates relief. Council Tax Band ?A?. Information taken from the Valuation Office Agency website.
£625,000 to include goodwill, furnishings, fittings and equipment as per inventory to be prepared.
8 Letting Bedrooms
4 Rooms With En-Suites
2 Bedroom 2 Reception Owners Flat