Guest Houses for sale in Weymouth

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Neat, Easily Managed, Freehold 5 Bedroom Guest House

Weymouth, Dorset, England

  • Freehold Price: £315,000  Price Reduced arrow_drop_down
Seller Reference: H305
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: H305
Request Details
Business Description
5 En suite Letting Bedrooms; 2 Bedroom Owners Accommodation;
Seasonally Run; Pretty Courtyard Garden. Rated 9.4 on Booking.com
A mid terrace traditionally built property from around 1900 with gas fired central heating and predominantly double glazed throughout. The guest house appears to have been kept well and is located in a quiet road just off the Esplanade and the owners inform the agents that the boiler was renewed 5 years ago. Lennox Street is mostly residential with about eight guest houses and two shops: a convenience store and a butchers. The beach is a few minutes walk away and a fifteen minute stroll down the Esplanade brings you to the ‘bus and railway stations and the town centre.
The guest house is open seasonally only, from choice, from around Easter to October. Because Weymouth is a large town ( approx. 60,000 population) and with the South Coast Path, World Heritage Jurassic Coast, Sailing and Sea Angling and being within 3 hours from London by train, there is demand for bed and breakfast throughout the year.
This is a successful family run guest house, located 2 minute walk from sea front and within walking distance of Weymouth train station. The current owners have worked and lived here for 25 years. The Mar-June is a freehold property with 7 bedrooms. All guest rooms are tastefully decorated, en-suites with toilets and showers. In total, there are 3 double rooms, 1 twin and 1 family room. In addition are the 2 owner's bedrooms. The owners have a cosy private lounge as well as a private bathroom and fully fitted kitchen. The Guest house accommodates up to 12 guests comfortably. Carpets and furnishings in good condition throughout. Good weekly bookings for 2021. Current owners looking to retire after long, successful period of ownership.
The current style of trading produces a turnover of approximately £44,000 p.a. but new owners may wish to build a website specific to this business and market the business more widely and extend the opening period which should bring an increase of £10,000 - £15,000 p.a. quite rapidly. The most recent year will show figures slightly lower as one of the proprietors had an operation which forced the business to close for a period in the season of 2019.
The business is highly regarded on TripAdvisor with 100% rating the guest house Excellent or Very Good.

The agents believe that alternatively, this property could be an ideal holiday letting self contained cottage ( subject to planning permission)
Tenure: Freehold
Price: £315,000
EPC: B
Tenure:
Freehold
Is accommodation included?:
Yes
Number of bedrooms:
2
Location Details:
Close Sea Front
Is this business home based:
Yes
Listed by:
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