13 bedroom hotel for sale

The Ship Leopard, 15 - 16 The Hard, Southsea, Hampshire, PO1 3DT

£1,500,000

Property Description

Commercial information

  • Use class orders: A4 Drinking Establishments and C1 Hotels

Key features

  • Operating and fully servied boutique hotel with 13 en-suite letting bedrooms, cafe and bar.
  • Views over Portsmouth Harbour.
  • Grade II Listed Georgian Building.
  • Conveniently located with train, coach and ferry links in close proximity.
  • Potential to convert ground and uppers into a variety of uses (STP).

Full description

Tenure: Freehold

Location:
The Ship Leopard Boutique Hotel is located on the Hard, near to Portsmouth Historic Dockyard which holds the HMS Victory, Mary Rose and HMS Warrior. Portsmouth Harbour Railway Station and The Hard Interchange Coach Station is situated opposite the hotel, both of which provides transportation to Southampton Central, Brighton and London. Portsmouth Harbour provides ferry services to the Isle of Wight. Gunwharf Quays, the premium retail outlet with the Spinnaker Tower, is also in close proximity.

Description:
The Ship Leopard comprises a four storey, Grade II Listed Georgian building dating back to the 19th Century. The hotel has stuccoed painted front and side elevations and brick rear elevations, set under a pitched tile roof with roof dormers to the front and side of the building.

Internally when entering the hotel you are met by an attractive reception and dining area, with bar servery to the right also. A commercial kitchen and ladies and gentleman's WCs are also provided on the ground floor. There is a customer lift which provides access from ground floor to the third floor. There is a basement which contains the services for the hotel and various storage areas.

The first floor provides three letting rooms, two of which have views over Portsmouth Harbour, along with office accommodation and store. The second floor provides five bedrooms, two of which have views over Portsmouth Harbour. The third floor provides five letting rooms, again two of which have views over the harbour. All rooms have en-suite bath/shower facilities with WCs and wash hand basin.

The property has an approximate gross internal area of 7,193 sq ft (668 sqm).

The Business:
The business has been operated by the current owner since 2014. The hotel holds a good position in the market providing boutique style accommodation, alongside a food and beverage offering for guests.

The business has a strong customer base from a mixture of sectors including business, visitor and tourists to the area and The University of Portsmouth.

The owner has regularly invested in the property with all rooms providing attractive and well specified accommodation.

Net turnover is in the order of £400,000. Trading information is available upon request.

The hotel website address is:-
https://shipleopardboutiquehotel.co.uk/home

Rateable Value:
The property is Listed on the 2017 Rating List with a rateable value of £32,250. For the year 2018 to 2019 the National Multiplier in England and Wales is 0.493p.

Premises Licence:
The opening hours of the hotel are Monday to Sunday 08:00hrs until 22:00hrs and the sale of alcohol is permitted Monday to Sunday 12:00hrs until 00:00hrs.

Planning:
The property is Grade II Listed and is located within the Old Portsmouth Conservation Area. The property currently holds a C1 hotel consent.

There may be an opportunity to provide part of the ground floor as commercial space, operated either in conjunction with the hotel or independently to the hotel, subject to the necessary planning consents. There may also be an opportunity to convert the rooms to provide C3 residential accommodation, again subject to the necessary planning consents.

Tenure:
The property is available freehold with vacant possession.

Guide Price:
The Guide Price is £1,500,000. VAT will not be applicable as the sale will be treated as a TOGC.

Energy Performance:
The property is Grade II Listed therefore an EPC is not required.

Viewing:
For a formal viewing, strictly by appointment with Savills.


More information from this agent

Nearest stations

  • Portsmouth Harbour (0.1 mi)
  • Portsmouth & Southsea (0.7 mi)
  • Fratton (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills Licensed Leisure, Southampton

2 Charlotte Place, Southampton, SO14 0TB

02382 200001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Savills Licensed Leisure, Southampton

2 Charlotte Place, Southampton, SO14 0TB

02382 200001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Portsmouth Harbour (0.1 mi)
  • Portsmouth & Southsea (0.7 mi)
  • Fratton (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills Licensed Leisure, Southampton

2 Charlotte Place, Southampton, SO14 0TB

02382 200001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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