Charming Seaside Guest House with Lush Garden in Weymouth Available for Sale

Description

5 period-style en-suite letting bedrooms.Owner’s accommodation comprising private lounge leading to sun room, double bedroom, and luxury bathroom.Car park for 6 vehicles.Split-level gardens with private seating area, subtropical plants, grapevine, magnolia tree, raised fish pond, private bar and hot tub.Turnover approximately £80,000 per annum from 5 rooms.Guest house located in Waterloo Place, within approximately 15 minutes’ walk of the town centre and harbour, with sea glimpses from front-facing rooms.Grade II Listed Georgian property, presented in period style and maintained by the current owners.Tenure:Held on a 60-year full repairing and insuring lease commencing in 2007, with current rent of £12,000 per annum including VAT.The Business:Long-established guest house with a strong level of repeat trade and guest parking.The business has been under the same ownership for over 22 years and is now offered for sale due to retirement.Currently operated by one proprietor with staff assistance.Accounts for the year ending 31st March 2024 show turnover of £80,360 per annum, with a reconstituted net profit exceeding £30,000 per annum.Price: £320,000