The Hotels and Leisure Division of Goadsby has sold three diverse hotel businesses in the Bournemouth area for a combined guide price of £1.8 million.
The Sandy Bay Guest House, located between the shops and pier at Boscombe, operating as a traditional B & B, has been purchased by a local first time buyer.
A London professional relocating to the south coast has purchased the award winning Living Room at Alum Chine, which is trading as an up-market coffee lounge and café.
On the renowned West Cliff in the very heart of Bournemouth the 20 bedroom Kings Langley Hotel has just been acquired by an overseas purchaser.
Divisional Director, Ian Palmer, said: “It is encouraging that leisure sales are still being achieved and this is likely to increase if the widely reported improvement in the residential market continues. The industry has ridden out the recession and has had a successful summer season. However, with lending institutions seemingly determined not to acknowledge this, the recovery in this property sector is still facing strong headwinds."
9 Jan 2017
8 Dec 2016
29 Apr 2015
12 Mar 2015
12 Mar 2015Have you any commercial property events you'd like to tell us about? It could be networking, exhibitions, seminars, industry lunches or sporting fixtures. We will list them for free. Just email newsdesk@propnews.co.uk with the following details: Event name, date, time, venue, cost, booking info and a brief description of the event.
To list your property job vacancies on Property News. Email: richenda@propnews.co.uk.
RSS Feed
