Guest house with sea views and garden in Weymouth Dorset available for sale

Description

5 letting bedrooms, all with en-suite facilities.2 bedroom owners’ accommodation.Sea views and enclosed garden.Turnover approximately £66,000 per annum.The guest house is situated at the quieter end of the seafront, approximately 15 minutes’ walk from the town centre, harbour, bus and train stations, with sea views from the front-facing rooms.The property forms part of a terrace of Georgian houses and is Grade II Listed. The premises benefit from gas-fired central heating with a boiler installed by the current owners.The property was acquired by the current owners in 2017 and has since undergone updating, including relocation of the kitchen to the mezzanine floor closer to the dining room and creating the potential for a second owners’ bedroom. There are currently two private lounges, one on the ground floor and one on the lower ground floor.All letting rooms are fitted with refrigerators.Tenure:Held on a full repairing and insuring lease for 60 years commencing in 2007, at a current rent of £10,400 per annum with 5-year rent reviews.The Business:A well-run bed and breakfast guest house operated by the current owners since 2017.The business underwent refurbishment during the early years of ownership, followed by trading interruptions and limited room availability until 2024. The most recent year turnover was approximately £66,000 with all five rooms in operation, with projected turnover exceeding £70,000.Price: £295,000