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Weymouth Georgian Guest House with Sea or Harbour Views from every room For Sale

Weymouth, Dorset, ID 232615

Weymouth Georgian Guest House with Sea or Harbour Views from every room For Sale 1
Weymouth Georgian Guest House with Sea or Harbour Views from every room For Sale 1
Asking price:
GBP£395 000
Turnover (per year): £80 000 gbp
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Description

6 en-suite double, twin and family rooms.1 single room with designated shower room.Breakfast room, guest lounge, office and private lounge.Extended property with 2-bedroom owner’s accommodation.Enclosed courtyard garden opening onto the quayside with bi-fold gates and space for private parking.Turnover approximately £72,000 per annum with scope for growth.The property has undergone improvements by the current owners, including upgraded electrics, a new flat roof and a ground floor laundry room.Situation and Description:Located in a prime Weymouth position, the property offers sea or harbour views from every letting room.Conveniently positioned for the town centre, beach, Pavilion Theatre and harbour restaurants.Georgian Grade II Listed building presented in good decorative order with gas-fired central heating, with the second and third floors served by independent electric heaters.Tenure:Held on a 60-year full repairing and insuring lease commencing in 2007 at a current rent of £15,000 per annum.The Business:Established bed and breakfast guest house operated by the current owners since 2018.The business has a strong reputation and good repeat trade, currently operating through Expedia without the use of Booking.com.Current room tariffs:Family room - £130 per nightDouble room - £95 per nightSingle room - £50 per nightAccounts for the year ending 31st March 2025 show turnover of £72,075 with reconstituted net profits of approximately £28,000 per annum.No business rates payable.Price: £395,000

Details

Real Estate: Lease
Asking price: 395 000 gbp
Turnover (per year): 80 000 gbp
Rent (per year): 15 000 gbp

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