Guest Houses for sale in Weymouth

View the "Easily Managed Esplanade Guest House Weymouth" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Easily Managed Esplanade Guest House Weymouth

Weymouth, Dorset, England

  • Leasehold Price: £248,000
Seller Reference: H207
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Business Description
 
 
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Seller Reference: H207
Request Details
Business Description

5 en suite letting bedrooms including a rare ground floor bedroom
Owners first floor flat; Courtyard Garden;
Much Improved Property;
60 year lease at low rent
Retirement Sale
TripAdvisor 'Certificate of Excellence'
A well established guest house providing bed and breakfast and which has been greatly improved by the present owners with redecoration and improvement of the dining room and letting bedrooms, renewed kitchen and alarm system. The business is run by a husband and wife team with the husband having his own occupation until recent retirement. With only five letting bedrooms the business could be comfortably managed by a single proprietor. The business only lets four bedrooms currently. The most valuable room, a double room on the ground floor is reserved for family use. Thebusiness has received a ‘Certificate of Excellence’ from TripAdvisor – from 134 reports, 130 are excellent or good.

The agents are informed that the takings are approx. £47,000 per annum from the four rooms which are let, this figure dropped to about £42,000 in 2018 due to the lady proprietor’s ill health. However, new owners who use the ground floor letting bedroom will see a considerable uptake of this room as so few ground floor rooms are available in Weymouth- the agents project a turnover of approximately £60,000 p.a. with all five bedrooms let, in line with similar businesses.

Call: Lawrence Wright, Specialist Hotel Agent with Sole Selling Rights - 01747 228941
Tenure:
Leasehold
Is accommodation included?:
Yes
Location Details:
Esplanade Location
Is this business home based:
Yes
Listed by:
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