Description
UNDER OFFER
Immaculate Sea View Guest House
The Mayfair
99 The Esplanade
Weymouth
DT4 7BE
The Mayfair is a very well presented and established guesthouse located on Weymouth seafront boasting stunning views over Weymouth bay. The accommodation comprises of 9 guest bedrooms which are all en-suite, a guest lounge, dining room and kitchen. The property benefits from having its own private lounge, 2 bedrooms and shower and wc for the owners. To the rear of the property you can escape to the rear courtyard which captures the sun and is a great place to relax away from the hustle and bustle.
The premises are held on a 10 year internal repairing lease and the new lease will be back dated to April 2020 at £18,850 p.a. rent with five year rent reviews. I am informed by the owners that they are achieving a turnover of approx.£84,500 p.a.- less than the vat threshold of £85,000 p.a. The business is run seasonally usually closing from the end of October to March.
A lovely lifestyle
Only £345,000
