Unique Freehold Guest House in Weymouth with 8 En-Suite Rooms and Car Park Available
Weymouth, Dorset
- Status
FOR SALE
- Advert ID
632681
- Reference
H107 / Rightbiz
- Call Agent:
- Freehold: £675,000
- Turnover: £70,000 (£1,346 per week)
- Profit: On request
Key Features
- Owners private accommodation
- Positive customer reviews
- Prime location for tourism
- Private parking facilities
Business Details
A Rare Freehold Guest House for sale in Weymouth with Car Park!
Convenient for the Beach
8 Letting Bedrooms - all en suites, including valuable Ground Floor Room
Owner’s Accommodation with Living Room leading to bright rear lobby and garden, double bedroom, dressing room (possible bedroom 2) bathroom with bath and shower;
Large Laundry; Garden Shed; Sunny Seating Area; Car Park for 6.
A mid terrace property in a prominent position adjoining The Esplanade which has been well maintained and improved by the present owner and provides gas centrally heated accommodation with some rooms having 'sea glimpses'!
The guest house is within walking distance of the Town Centre/Harbour and very convenient for the Sealife Centre and Lodmoor Country Park.
(All letting bedrooms have colour t.v., hospitality trays and ‘fridges.
A superb Guest House business which provides Bed and Breakfast and which has built up an enviable reputation in the period of the present ownership since 2016. The business is is now for sale due to retirement. The guest house is run by one proprietor with staff and has been kept in good decorative order.
The tariff for a double room is £75 per room per night for bed and breakfast if booked direct and £78 per night via a booking agency. The family room is let at c. £110 – 115 per night. The agents believe there may be some room for an increase in tariffs. The guest house is open for around 9 months each year and informed turnover is approximately £65,000 - £70,000 per annum, but has been as high as £80,000.
From the agent’s experience with other guest houses he has sold in Weymouth recently he feels that with an increase in tariff, the use of the 8th bedroom and a renewed website an increase in turnover to around the vat threshold of £90,000 is achievable.
Price £675,000 Freehold
EPC: C
Fixtures, Fittings, Furniture and Trade Equipment: An inventory of trade contents is included in the sale price. A detailed inventory will be prepared at a later stage.
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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.
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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.
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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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