Sea Facing Home & Income B&B – Weymouth

  • Leasehold Price: £360,000
Weymouth, Dorset, England
Seller Ref:H206983
For Sale

Sea Facing Home & Income B&B – Weymouth

Weymouth, Dorset, England
Seller Ref:H206983
  • Leasehold Price: £360,000

Overview

Seller Ref: H206983

Description

Goadsby Commercial present prominent seafront position. Sea and town views. Thermostatically controlled gas fired central heating (new boiler November 2023). Flat screen televisions and tea making facilities. Passing trade. Highly rated on review websites. Fully certificated. Guest access Wi-Fi. CCTV system. Established business model with repeat trade. Ideal home & income.

LOCATION
Sandy Bathing Beach (directly opposite) approx. 40 yards. Mainline Railway Station approx. 200 yards. Pavilion Theatre approx. ½ mile. Sealife Centre and Lodmoor Country Park approx. ¾ mile. Dorchester approx. 8 miles.

SUMMARY OF ACCOMMODATION
9 Letting Bedrooms (all en-suite). Lounge/Dining Room. Owners 2 Bedroom Self-Contained Maisonette.

TRADING & BUSINESS
Run single handedly, to the year ended 2023 a turnover of £114,985 was recorded exclusive of VAT. Accounting information can be made available to genuinely interested parties.

TENURE
Secure Local Authority Leasehold. The premises are held on a valuable internal only repairing lease subject to a rolling 10 year term, at a current rent of £18,875 per annum. The freehold of seafront properties are retained by the Local Authority in order to maintain their condition and appearance.

Leasehold Terms:
Secure Local Authority Leasehold. The premises are held on a valuable internal only repairing lease subject to a rolling 10 year term, at a current rent of £18,875 per annum. The freehold of seafront properties are retained by the Local Authority in order to maintain their condition and appearance.
Location Details:
Sandy Bathing Beach (directly opposite) approx. 40 yards. Mainline Railway Station approx. 200 yards. Pavilion Theatre approx. ½ mile. Sealife Centre and Lodmoor Country Park approx. ¾ mile. Dorchester approx. 8 miles.
Is this business relocatable:
No
Is accommodation included:
Yes
Is stock included:
NA

Listed By:

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