Well Regarded Guest House
with Private Car Park, Guest and Owners Gardens
Convenient for the Beach
Currently Six Letting Bedrooms including first floor bedsitting room with own entrance + ground floor owner’s bedroom and large lounge
A ground floor letting room could be used privately;
Car Park; Guest’s Garden; Private Garden and Useful Sheds
The semi detached property is traditional built and has gas fired central heating and is predominantly double glazed. The guest house is set well back from the busy Dorchester Road by its own car park. There is a side pedestrian access to the rear gardens. The beach is within easy walking distance and the town centre and harbour about 15 minutes walk.
The accommodation is modern, contemporary in style and guests can use the conservatory and lawned rear garden; beyond this is an enclosed second garden for the exclusive use by the proprietors and there are a number of sheds and hard surfaces and clothes drying area.
The two ground floor bedrooms have en suite facilities and of the first floor bedrooms three have en suite facilities and two rooms share a bathroom and w.c.
The current owners have renewed all the showers in the past year and created the bed sitting room on the first floor with its own access from outside via a staircase.
Whilst the property appears in good order, the agents are informed that the landlords are in funds to replace the gas boiler, some windows, the exterior staircase and a range of other repairs.
There is a great amount of flexibility in how the accommodation for the owners is arranged; currently, the owners use one ground floor bedroom and the bedsitting room upstairs privately and trade with 5 letting bedrooms; or, one or two ground floor rooms could be private with 5 or 6 letting bedrooms; or, the bedsitting room could be very private with a separate entrance, and 6 letting bedrooms used including two valuable ground floor rooms.
A Licensed Guest House providing bed and breakfast. The Rosefield has been in the present hands since early in 2021 and has proven to be a lucrative business with takings informed at approximately £80,000 from May 2021 to May 2022. The owners need to move nearer to an elderly relative, hence the reason for sale.
The business has a liquor licence and buyers who wish to continue with this facility will be required to obtain a personal licence. In previous years The Rosefield has hosted small weddings and the present owners have had one anniversary celebration which proved lucrative. The large conservatory off the dining room leading to the enclosed rear garden lends itself to such gatherings, especially with the availability of parking.
The business is of such a size as to be able to run by a couple. There are no business rates payable as the rateable value is below £12,000.
Tenure: 10 year FRI lease from 2021 at a current rent of £15,000 p.a. with 3 year rent reviews. A rent deposit will be payable to the landlords of 6 months rent = £7,500.
Price: £285,000 for the lease, goodwill, fixtures, fittings, furnishings, equipment etc.