Lawrence Wright. Specialist Hotel Agent. 01747 228941
Sea or Harbour Views from each Bedroom
2 The Esplanade
6 letting bedrooms – all with own facilities
One bedroom owners accom.
Same hands 12 years; retirement sale, good repeat trade
Opposite The Pavilion and Beach
The property is located in a good position with a number of other guest houses nearby on the sea front who compliment each other rather than compete. The property has been greatly improved by our clients in their period of ownership since 2007. The business has received a certificate of excellence from tripadvisor. There is gas fired central heating.
Weymouth was established by George III as a fashionable resort and since the 18th Century the area has been renowned as a holiday centre. Weymouth provides the more classic seaside leisure and tourist related facilities, whilst visitors can visit nearby Portland for informal, specialist diving and sailing pursuits – the new seven million pound National Sailing Academy is going strong and was the venue for the sailing Olympics in 2012 – this exposure will bring visitors for years to come. Major International Sailing Events now include Sail for Gold and the new European Sailing Cup. Inland, the attractions of Dorset including ‘ Hardy Country ‘ bring people back to this region year after year. Weymouth attracts in excess of 2.5 million tourists each year and in recent years the area has experienced an injection of hundreds of millions of pounds on various projects including a new 600 berth marina; a new road linking the A35 to Weymouth; Osprey Quay at Portland: the conversion of the navy quarters to private housing (500 plus units) and commercial development. The Weymouth and Portland Council promote many festivals throughout the year including the Seafood Festival The International Military and Veterans Festival and dozens of other events centred around the Harbour, Beach and Pavilion.
Dining Room with bay window overlooking the sea and with covers for 12. There is a door from the hall, which is not currently used as there is direct access to the guest /private lounge. Refrigerator. Feature cast iron fireplace.
Guest/Private Lounge with views over the harbour. Door to hall.
Mezzanine Floor with w.c. and wash basin
Lower Ground Floor Private Accommodation:
Bedroom/Living Room with En suite shower and wash basin.
Inner Room/Office to:
w.c. and wash basin.
Kitchen with single bowl stainless steel sink set into black granite worktop, base units and work surfaces, wall cupboards. Double oven, Wash basin. Toaster etc.
Laundry Room with wash machine, tumble dryer. Gas boiler providing central heating and hot water 9 approx. 2 years old) Rear stable door to street.
Bedroom 1 Double/Twin with zip and link beds. Sea views, linen cupboard. Wash basin. Bay window with 2 chairs En suite shower and w.c.
Bedroom 2 Double with harbour views. Wash basin. En suite shower and w.c.
Bedroom – no number Single with sea views. Wash basin Currently used as a
Private room for linen.
Bedroom 3 Double with sea views. Wash basin. En suite shower and w.c.
Bedroom 4 Twin with harbour views. Wash basin. En suite shower and w.c.
Bedroom 7 Single with sea views and en suite w.c. and wash basin. This room could link to room 3.
Third Floor ( ancient wash basin on half landing – not used)
Bedroom 6 Double (king size) with harbour views. Wash basin with:
Separate Shower Room with shower, wash basin and w.c. for room 6.
Bedroom 7 Double with sea views. En suite bathroom (with sea views!) with corner bath and shower over, wash basin and w.c.
The Business A bed and breakfast guest house in a prominent position on the sea front, Grade II Listed and well located to take advantage of both tourist and commercial trade being close to the town centre and beach. The business has been in the present hands since 2007 and is now for sale due to retirement. There is a good deal of repeat trade for new owners to continue which has been built up over many years.
The business is run by a husband and wife team.
The agents are informed that the turnover for the year ended 31st December 2018 was £61,932 but that due to the works carried out to the nearby quay in Autumn 2019 a turnover of only approx. £50,000 was achieved – compensation is being negotiated. These works are expectd to be completed by March 2020.
Tenure: The property is held under the terms of a 60 year full repairing lease from Weymouth and Portland Borough Council which commenced in 2007 paying a current rent of £12,750 p.a. with no rent review until 2022.
Price: Offers over £265,000
Fixtures, Fittings, Furniture and Trade Equipment: An inventory of trade contents is included in the sale price. A detailed inventory will be prepared at a later stage.
Viewing: Strictly by appointment with the agent.
The accuracy of these particulars is not guaranteed by the agent nor do they form part of any contract. Applicants should verify details by personal examination and enquiry. Items of furniture, fixtures, fittings and equipment are mentioned for illustrative purposes only and do not necessarily form part of the Trade Inventory referred to above, neither has the agent tested any equipment, fixtures, fittings or services and so cannot verify that they are in working order or fit for the purpose.
References to the Tenure of the Property are based on information supplied by the Vendor. The agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.
You are advised to check the availability of the property before travelling a long distance to view.