Hotel for Sale in 14 South St, Wareham BH20 4LT, UK USD 1,906,793

THE BEAR
Constructed in 1852, The Bear is a Grade II Listed Coaching Inn that has been thoughtfully restored during its current ownership. Many of the property’s original features are present, including high ceilings, large Georgian windows and wooden panelling.

The property comprises 11 en suite bedrooms that have been individually designed, popular restaurant and welcoming bar. In addition, there is a function room, courtyard and staff bedroom. To the rear of the property is a cottage which provides an exciting development opportunity.

ACCOMMODATION
The beautiful en suite bedrooms are all individually designed and each one is as unique as the bears they have been named after. Each bedroom marries modern comfort and heritage charm, with large beds, rainfall showers and original features. There is one staff bedroom.

FOOD AND BEVERAGE
The front of the property provides the main bar area with private dining room, known as the Library positioned opposite.

At the rear of the property is the commercial kitchen which abuts the Green Room and restaurant/café. A total of 75 covers are provided here. The glass doors can be opened up onto the courtyard to provide al fresco dining.

At the basement level is an extensive cellar.

DEVELOPMENT POTENTIAL
At the rear of the property is a cottage which is in need of refurbishment. It has potential to provide lounge, kitchen, bathroom and four bedrooms. This would be suitable for additional letting accommodation, for managers/owners accommodation, or alternatively could be separated from the title and disposed of separately.

THE BUSINESS
The current owners acquired the property in 2018 and spent recent years tastefully refurbishing the property both internally and externally. The business opened briefly prior to Covid but was impacted by lockdowns.

The business has been operational in a full capacity since May 2022, therefore providing an excellent opportunity to acquire turnkey business as trade becomes more established.

Local information
The Isle of Purbeck is a peninsula located in south Dorset, home to some of the country’s most well-loved towns and landmarks including Swanage (9 miles), Lulworth Cove (9 miles), Corfe Castle (4 miles) and Durdle Door (10 miles). Wareham is 8 miles southwest of Poole.
As the gateway to The Purbecks and one of the few remaining walled Saxon towns in England, Wareham makes a fantastic base to explore the area rich in history and scenery.
Additional information
The Bear occupies a prominent position on South Street, the principle street in Wareham. The Bear benefits from excellent connectivity, with the A351 and A352 passing through the town, and the A35 approximately 4 miles away. Wareham Train Station is 0.7 miles to the north of the property, and offers a direct line to London Waterloo (journey time circa 2 hours 20 minutes). Bournemouth Airport is 17.5 miles away and offers domestic and continental flight routes.