Guest Houses for sale in Weymouth

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S Martin (Feb 2013)
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Leasehold Price: £760,000
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Business Description
• Consistently high levels of turnover and profitability
• A prime position in world-famous holiday resort
• Well-appointed guest facilities
• Long established reputation and regular guest base
• Lots of further potential
• Rent payable of £5.00 per year!
• Extensive inventory of quality fixtures and fittings included
• Owners private accommodation
• Wonderful lifestyle opportunity
Falcon Commercial is delighted to offer for sale this established 15 bedroom Hotel (all with en-suite facilities) with generous self-contained four bedroom owner’s accommodation. It is believed to date back to 1790 and enjoys all the considerable commercial and private advantages of a fantastic highly visible trading position on the sea front and close to the town centre in the popular holiday town of Weymouth, Dorset.
Operating from impressive extremely well presented premises of real charm and character, this exceptionally successful and profitable hotel generates a turnover of over £156,000, trading approximately ten months per year. The room rates vary from £70 per night to £90 per night. A high percentage of guests staying are repeat bookings.
Gloucester House represents an excellent opportunity to purchase a thriving privately run Guest House with scope to further increase trade possibly by opening all year, in order to improve upon the already impressive levels of turnover and profitability it is achieving in the hands of the current proprietors.

The business has built up an excellent reputation and enjoys a high level of repeat bookings due to its home cooked breakfast and friendly welcoming atmosphere.

Early viewing of this rarely available opportunity comes highly recommended
Premises Details
A well maintained premises, occupying a prominent highly visible sea front position. Gloucester House offers 15 individually designed and furnished bedrooms all with facilities combined with spacious public areas. The premises have been sympathetically converted, modernised and extended over the years and benefit from gas central heating as well as partial double glazing. The building retains many attractive original features and provides an exceptional standard of business and private accommodation.
The accommodation briefly comprises:
Ground Floor
• Entrance Hall
• Lobby
• Guests Lounge
• Double bedroom with en-suite
• Twin bedroom with en-suite

Lower Ground Floor
• Breakfast Room
• Owners private lounge
• Office
• Kitchen
• Laundry room
• Dry store
• Outdoor Storage
Owners accommodation comprising of:
• Toilet
• Double bedroom
• Double bedroom with en-suite
• Double bedroom
• Double bedroom
• Bathroom
Accommodation continued
First Floor
• Single bedroom with en-suite bathroom
• Single bedroom with en-suite bathroom
• Toilet
• Twin bedroom with balcony enjoying uninterrupted sea views. En-suite
• Single bedroom with balcony enjoying uninterrupted sea views. En-suite
• Double bedroom with balcony enjoying uninterrupted sea views. En-suite
• Double bedroom with en-suite

Second Floor
• Double bedroom enjoying uninterrupted sea views. En-suite
• Family room (triple) enjoying uninterrupted sea views. En-suite
• Family Room (quad) with en-suite
• Double Bedroom with en-suite

Third Floor
• Double bedroom enjoying uninterrupted sea views. En-suite
• Family room (triple) enjoying uninterrupted sea views. En-suite
• Family Room (quad) with en-suite

External
• Rear courtyard with Private Seating Area
• Secure (gated) parking for 3 cars
Business Information

Turnover
Current turnover in excess of 156,000 per annum, with good profits and scope to increase. High level of repeat business.

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Staff Details
The business is run by the proprietors with help from casual part time staff as required

Business Rates and Council Tax
We are advised that the business rates payable currently are: TBC
The owner’s accommodation is council tax band: A

Trading Hours
The business is open 10 months of the year to suit the owner’s lifestyle.

Tenure
Leasehold. There are 82 years remaining on a 125-year lease. The current rent payable is £5.00 per year.

EPC Rating
EPC Rating: TBC

Legal Costs
Each party to bear their own legal costs incurred in the transaction.

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Location
Weymouth is a favourite for British holidaymakers who travel from far and wide to enjoy the gently sloping sandy beaches, charming harbour and coastal scenery. There is a lot to do in this part of the world, not least as Weymouth is right at the heart of the Jurassic Coast, a World Heritage Site, but for many it is the sandy beach and sheltered bay which brings visitors back again and again.
The town has a mixture of old and new featuring a Georgian esplanade, a Victorian Jubilee clock fronting the beach and a 17th century harbour with a modern yacht marina and a flourishing fishing industry. The Town centre has been tastefully modernised with an excellent shopping precinct in Bond Street, complete with department stores, a multi-screen cinema and a tenpin bowling alley.
The A354 to Weymouth links from the Bournemouth A31 and Exeter A35 main trunk roads. Rail services to the town from Bristol Temple Meads and London Waterloo.
Tenure: Leasehold

Location Details: 96 The Esplanade
Weymouth
DT4 7AT

Leasehold Term:

82 years on a 125 year lease. Rent payable £5.00 per year

Downloadable Documents

Listed by: Falcon Commercial
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