Weymouth Georgian Guest House with Sea or Harbour Views from every room For Sale
Weymouth, Dorset
- Status
FOR SALE
- Advert ID
625790
- Reference
H293 / Rightbiz
- Call Agent:
- Leasehold: £395,000
- Rent: £15,000 (£1,250 per month)
- Turnover: £80,000 (£1,538 per week)
- Profit: On request
Key Features
- Fully Fitted
- Established Business
- Accounts Available
- Prime Location
Business Details
Sea or Harbour Views from all rooms in Weymouth For Sale
6 En Suite Double, Twin and Family Rooms 1 Single Room with Designated Shower Room
Breakfast Room; Guest Lounge; Office; Private Lounge;
Extended Property with 2 Bedroom Owners' Accommodation;
Enclosed Courtyard Garden opening on to the Quayside with bi-fold gates and space for a private car;
Turnover Approx. £72,000 p.a. - Potential for more!
Many improvements have been carried out by our clients including upgraded electrics, new flat roof and downstairs laundry room.
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Situation and description: The property is located in possibly the best position in Weymouth which offers guests a view of either the sea or harbour from each room. The guest house is convenient for the town centre, beach, Pavilion Theatre and the harbour where many of the best restaurants are located.
A Georgian Grade II Listed building is in good decorative order with gas fired central heating to all but the 2nd and 3rd floors which are served by independent electric heaters.
Tenure: The premises are held under the terms of a 60 year full repairing and insuring lease which commenced in 2007 at a current rental of 15,000 p.a.
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The Business: A well established bed and breakfast guest house which has been in the present hands since 2018 and has a good reputation with a good level of repeat trade and runs well without the need to register with Booking.com,  but the owners use Expedia - there are relatively low booking fees. The excellent position with all letting bedrooms enjoying a harbour or sea view allows for an easily run business to gain bookings. The guest house is run by a couple and current tariffs per room per night are: Family, £130; Double, £95; Single, £50.
The agents have inspected accounts for the business for the year ended 31st March 2025 and £72,075 was achieved with reconstituted net profits of approximately £28,000 p.a. after taking into consideration items of a personal or tax allowable nature. No business rates are payable.
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Price: £395,000
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EPC: Exempt – Grade 2 Listed.
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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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