Description
12 en suite bedrooms (could be 14) Self contained 3 bed Owners Accommodation T/O Approx. £141,748 ex vat
This is the last guest house in this terrace before the start of The Esplanade shops leading to the town centre – the agents feel that there is the possibility of offering non resident dining.
The property is situated on The Esplanade, close to the town centre and all amenities. A Grade II Listed Georgian property with gas fired central heating. The guest house has been greatly improved in the past years of the present ownership with the installation of a very economical boiler system, keeping costs down and improving continuity of supply. In addition, all the en suite facilities have been either upgraded or replaced and much new bedroom furniture installed plus many more improvements including the renewal of the Emergency Lighting System, hard wired Fire Alarm and a first class WIFI system. The owners accommodation has seen a recent refurbishment.
A superb business which has one of the highest occupancy rates in Weymouth with gross takings per room of approaching £15,000 per annum. The guest house provides bed and breakfast and is run by a husband and wife partnership, with assistance from family members, and purchased the business through Lawrence Wright in 2007. Another career beckons for the gentleman, hence the sale.
The guest house offers bed and breakfast to adults and caters equally well for tourists and business guests within easy reach of all amenities. The business enjoys good reviews and was awarded a Travellers Choice Award in 2020 by being ranked in the top 10% of properties on TripAdvisor.
New owners will enjoy a good level of repeat business.
The business is well advertised through Booking.com and its own website.
Lease: Only £399,950
EPC: Exempt