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Substantial Weymouth Seafront Hotel
Price:
Freehold - £1,100,000
Seller Ref:
H104
Location:
Dorset, Weymouth
Business Type:
Food Service Businesses, Hotels
See Other:
Restaurants for sale in Dorset
Bed & breakfasts for sale in Dorset
Guest houses for sale in Dorset
Hotels and motels for sale in Dorset
Food service businesses for sale in Dorset
Hotels for sale in Dorset
Description:
THE BUSINESS:
A much improved licenced hotel on Weymouth Esplanade with 27 bedrooms - all with en suite facilities, a car park and separate 5 bedroom owners house. All the en suite facilities have been upgraded in the last two years, a new fire alarm system installed, new boilers etc. remodelled dining room now building a well respected non resident restaurant trade + functions, weddings etc.
Informed Turnover approx. £370,000 projected for April 2012 up from approx. £320,000 for 2011.
New Owners will benefit from Olympic boost this summer.
Virtual Freehold (new 125 year lease at peppercorn rent)
Sole Selling Agent: Lawrence Wright 01460 234114
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