**Key Features:**
- 65 en-suite rooms with potential for improved revenue via renovations
- Close proximity to Bournemouth Beach and the town center
- Existing hotel operational as mid-range accommodation
- Includes amenities like a bar, entertainment space, and lift access
- Opportunities for modernization or redevelopment into serviced apartments or boutique hotel (STP)
- Some rooms require renovation to operate effectively
- Lease agreement until December 2024
This 65-bedroom hotel on St. Michael's Road in Bournemouth presents a fantastic investment opportunity in a vibrant seaside destination. Just a short stroll from the beach and bustling town center, the property operates as a mid-range accommodation, catering to a broad segment of the tourism market. The functional layout includes valuable amenities such as a bar and entertainment space, although five rooms currently need renovation to maximize occupancy.
There’s significant potential here—either modernize the existing space to attract higher-spending guests or explore redevelopment options to transform the hotel into serviced apartments or a boutique hotel, subject to planning (STP). With Bournemouth's annual influx of over 7 million visitors supported by blue flag beaches and a rich array of leisure opportunities, demand for accommodation remains robust.
While current maintenance needs must be factored in, this large freehold hotel, with its prime location and room for improvement, is ripe for savvy investors. Seize this rare chance to invest in a coastal property with promising future potential—an opportunity like this may not last long!
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