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10 En-Suite Room Hotel with Solar Panels for Sale in Lyme Regis, Dorset

Lyme Regis, Dorset
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A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 1
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 2
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 3
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 4
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 5
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 6
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 7
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 8
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 9
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 10
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 11
A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset Photo 12
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A bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, DorsetA bespoke built 10 en-suite roomed hotel/Air BnB complex in Lyme Regis, Dorset
  • Status

    FOR SALE

  • Date Submitted:

    01/09/23

  • Advert ID

    518957

  • Reference

    LARGIGI / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,100,000
  • Turnover: Not Applicable
  • Net Profit: On request

Business Details

A bespoke built 10 en suite roomed hotel Air BnB complex in Lyme Regis, Dorset

bespoke built 10 en-suite roomed hotel / air BnB accommodation complex in one of the UKs most sought-after coastal towns, Lyme Regis, Dorset. This high-income producing investment is operated by a house keeping team only and the customers enter and exit the premises by state-of-the-art booking and door entry system. The premises benefit from large garage parking on the ground floor and a separate private access from the rear to a municipal large pay and display car park too. Only constructed in 2022, it is presented in an excellent condition throughout and many of the units are two bedroomed. The building also benefits from a passenger lift and roof mounted solar panel system. Situated only a stones throw from the harbour front and the plethora of independent shops in the high street. Early viewings are highly recommended.

The property is in one of the UKs most sought-after coastal towns and is situated only a short walking distance from the harbour, sea front and town centre. This location is easily accessible by good road links and the town is often referred to as the pearl of Dorset. The town has a chocolate box feel and the unspoilt coast is also known as the Jurassic Coast because of the continual fossil find by tourists and experts alike. There are many fantastic schools in the area and the town enjoys an active vibrant community, with many activities all year round.

The property was designed and built only recently, to a specification which allows customers to book, enter and exit without the need of staff, apart from a house keeping team on change-over. This has meant that income figures are high and impressive net profits are achieved. On the roof is a large mounted solar panel system which almost negates all electricity costs. Whilst the current owners operate this business remotely, but we the agents, feel there is scope to easily create owners accommodation without compromising too much on income. Furthermore, the owners have deliberately restricted trading due to a lifestyle choice, meaning there is even further scope to higher profits. Actual trading accounts will be made available following a successful formal viewing.

LETTING ACCOMMODATION
All rooms have been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV, complimentary beverage facilities, refrigerator, hair dryer, fan, bedside tables, chest of drawers and wardrobes facilities.

FIRST FLOOR

LETTING ACCOMMODATION

5 x STANDARD ROOMS
These rooms all have double rooms with quality double beds. The en-suite facilities, comprise of a low-profile double width power shower, WC and wash hand facilities.

5 x FAMILY ROOMS
These rooms have two rooms both with quality double single beds. The en-suite facilities, comprise of a low-profile double width power shower, WC and wash hand facilities.
On this floor are several storage and linen rooms and at the far end is a large comfortable lounge area for the guests.

REAR DOOR
At the far end of the 1st floor corridor is a door leading to a municipal large pay and display car park.

CAR PARK
The car park is substantial, situated under the accommodation on the ground floor and comprises of 10 spaces and which are all accessible by a door entry system which is provided to the guests.

BUSINESS WEBSITE
www.largigi.com

FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendors private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE
Freehold

VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected]
www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A bespoke built 10 en suite roomed hotel Air BnB complex in Lyme Regis, Dorset - LARGIGI / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.