Description
7 Letting Rooms (3 en suite) with potential to add further en suites; Valuable Ground Floor Letting Room.
Two Bedroom owners accommodation with exceptional kitchen and large living room; Car park for approx. 6 cars.
Enclosed Private Garden
Currently Trading from 6 Rooms
The property is detached and built in the 1930’s. The guest house has been much improved by the present owners including a new boiler. There is gas fired central heating, double glazing and a most attractive, private rear garden. Located about 1.5 miles from the beach and town centre there are frequent buses along the main access road to Weymouth passing by the guest house. Solar panels are included.
The business is run as an adult only guest house with all rooms supplied with ‘fridges, free wifi, tea/coffee facilities, T.V.; free parking on site or, Waverley Road has no parking restrictions.
A long established business which is currently run to provide bed and breakfast. Advertised prices are for room only but breakfast is available for an additional £9.99 per day. The guest house is managed by a couple who have been the proprietors since May 2008 and is now available due to retirement. The agents have inspected accounts and for the year ended 31st March 2024 a turnover of £65,521 was achieved (including solar panels income) and reconstituted net profits of £33,259.
The business has much potential as the position, set back from the major entrance road to the resort, and the availability of car parking raises its profile significantly; in addition, the use of room 6 would increase turnover; furthermore, the creation of more en suite bedrooms would increase tariff levels which currently range from £82 to £97 for double rooms and £52 to £60 for singles (excluding breakfast) depending on season and whether en suite.
Price: £650,000 Freehold
EPC: TBN
