Description
See Photo: The Yellow Coloured Property
5 En Suite Double Bedrooms; Sea View Office/ Bedroom 6; Dining Room; Guest Lounge;
2 Bedroom owners Accommodation; Pretty Courtyard Garden; Outstanding position a few metres from the beach;
100% ‘Excellent’ on TripAdvisor
The guest house is located in one of the best places in Weymouth popular with regular visitors. A Georgian Grade II Listed property a stone’s throw from the beach and a brisk walk along The Esplanade to the busy town centre and harbour.
An exceptional business which has the benefit of gas fired central heating and, working closely with Dorset Council and the Conservation Officer the owners have upgraded and remodelled the building to create one of the best businesses of its kind in this popular resort having rewired the property, replaced the boiler, renewed some floors, laid new carpets, renewed beds, renewed many showers, wash basins and radiators and installed a new kitchen. This B&B has 3 rooms with wonderful panoramic views over Weymouth Bay towards the spectacular coastline of the World Heritage Jurassic Coast . It is located is a cul de sac with no main road to cross to the beach and a short walk away are Greenhill Gardens, Lodmoor Country Park and Weymouth Sea Life centre.
Awards: South West England Tourism Excellence Award – Gold – Bed and Breakfast of the Year 2022 – 2023 & Dorset Tourism Awards – Gold- Bed and Breakfast of the Year 2022 – 2023.
Tenure: The premises are held under the terms of a full repairing and insuring lease which commenced in 2008 for a term of 60 years. The current rent payable is £12,750 with five year rent reviews.
The Business – An high quality bed and breakfast guest house which is well rated and is run by a husband and wife team and which is now available as the owners wish to move nearer their grandchildren. Trade has been restricted to letting only 3 or sometimes four of the five bedrooms, from choice. There is a high percentage of repeat trade and the business is not offered on Booking.com. Expedia is used. 100% of Tripadvisor Ratings are Excellent. New owners could increase trade by offering all five bedrooms and further accommodation is available if the sea view office was returned to being a single letting bedroom, ideally if linked to one of the en suite bedrooms.
The tariff for a double room ranges from £100 to £135 per night for bed and breakfast with £170 charged for the two largest rooms being used by a family.
Due to restricted trading the informed turnover is approximately £40,000 p.a. – Scope!
Lawrence Wright introduced this guest house to the current owners in 2018 and whilst a successful business the property was dated and unusual with access to the owner’s bedroom via a ladder up through the floor! The owners have transformed the property into one of the smartest in Weymouth and prospective buyers, when viewing, will see the photographs before and after the re-modelling. The new owners will benefit from the investment for years to come and take over a business with an exceptional reputation and a wonderful lifestyle.
Price: £395,000
EPC – Exempt – Listed Building
