Superbly Positioned Guest House Weymouth

Price:

Leasehold - £340,000

Seller Ref:

H166

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:

Probably the best position on The Esplanade with all guest bedrooms enjoying a view of the sea or harbour. 8 letting bedrooms of which 6 are en suite, but with a small amount of work all rooms will have own facilities. There is self contained owners accommodation and two kitchens! - one for breakfasts and one for the owners. Enclosed large harbourside courtyard with parking for two cars.

The owners have only let 7 of the bedrooms and more recently, only 6 but have still achieved a turnover of approx.£55,000 p.a.
Much scope to take the business towards the vat limit.

Highly recommended by the sole agents Lawrence Wright.

Chain Free

Lease Terms:

56 years of 60 year FRI Council Lease. Rent approx. £14,400 p.a. fixed to 2013