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Steadily Growing Sea Front B&B Weymouth

Price:
Leasehold - £390,000
Seller Ref:
H217
Location:

Dorset, Weymouth

Business Type:

Hotels

See Other:
Bed & breakfasts for sale in Dorset
Guest houses for sale in Dorset
Hotels and motels for sale in Dorset
Hotels for sale in Dorset
Description:
THE BUSINESS:
A well run business with 14 en suite bedrooms, many with sea views, and 4 bedroom owners accommodation, car parking.

The Grade II Listed Georgian property has been much improved by the present owner to include a new fire alarm system, new boilers and much refurbishment and redecoration in recent years.

The Turnover for y.e. January 2011 was approx. £120,000 ex vat
The Turnover for y.e. January 2012 was approx. £135,000 ex vat
Substantial Booking for the Olympics in place.

The premises are held under the terms of a very advantageous, long lease from Weymouth and Portland District Council whereby the council are responsible for property repairs and exterior decoration.

Highly mortgageable, subject to status.
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