Description
Convenient for the Beach
8 Letting Bedrooms with own facilities, including valuable Ground Floor Room
Owner’s Accommodation with Living Room leading to bright rear lobby and garden, dressing room (possible bedroom 2) bathroom with bath and shower;
Large Laundry/Workshop; Garden Shed; Sunny Seating Area; Car Park for 6.
A mid terrace property in a prominent position adjoining The Esplanade which has been well maintained and improved by the present owner and provides gas centrally heated accommodation with some rooms having ‘sea glimpses’!
The guest house is within walking distance of the Town Centre/Harbour and very convenient for the Sealife Centre and Lodmoor Country Park.
(All letting bedrooms have colour t.v., hospitality trays and ‘fridges.
A superb Guest House business which provides Bed and Breakfast and which has built up an enviable reputation in the period of the present ownership since 2016. The business is is now for sale due to retirement. The guest house is run by one proprietor with staff and has been kept in good decorative order.
The tariff for a double room is £75 per room per night for bed and breakfast if booked direct and £78 per night via a booking agency. The family room is let at c. £110 – 115 per night. The agents believe there may be some room for an increase in tariffs. The guest house is open for around 9 months each year and informed turnover is approximately £65,000 – £70,000 per annum, but has been as high as £80,000. The 2024 year figures will be affected as the owner had a broken ankle and trade was restricted for a period.
From the agent’s experience with other guest houses he has sold in Weymouth he feels that with an increase in tariff, the use of the 8th bedroom and a renewed website an increase in turnover to around the vat threshold of £90,000 is achievable.
Price £675,000 Freehold
EPC: C
