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Budget B And B Holiday Home Backpackers Hostel For Sale

Weymouth, Dorset, UK
Asking Price:
£325,000 Furniture / Fixtures included
Turnover:
£52,000
Net Profit:
£50K - £100K

Eight letting rooms 23/25 guests at one time, 5 guest showers;
one bedroom self contained owners accommodation on the ground floor
very well presented
dining room
large kitchen
rear courtyard
close to the beach
double glazed & central heating
freehold georgian property, currently trading as a budget guest house and whole house letting with double bedrooms and bunk rooms for dormitory style when allowed; located just off the sea front within walking distance of all major amenities, beach, town centre, train/bus stations, harbour etc.

Small business rate relief of 100%

the guest house has very versatile letting accommodation either as individual beds or rooms and the whole building is let as a holiday home at times. Large guest kitchen, large dining room with lounge area for guests. The owners/ managers ground floor flat has its own separate entrance, one bedroom with en suite facilities. Enclosed courtyard garden with rear access.
The building has full gas central heating, double glazing throughout the letting areas. There is a full fire alarm, emergency lights and fire doors throughout, guest wifi with a bonus of all up to date tests from qualified engineers covering the fire alarm/light system, gas safety, fire extinguishers and building electrical and appliances.

Rated as very good on booking.com

the business has traded throughout the covid emergency with accommodation provided for nhs and key workers. Currently run with a resident cleaner/caretaker the tariff is approximately £22 pppn - room only with all accounts paid direct by card to the owner and guest access to the building and rooms via electronic key code locks. The outgoings are very low and profits on a turnover approx. £1,000 p.w. Are high - highly mortgageable.

The style of business will be of interest to owner/occupiers; investors and sipp holders.

Epc: f (36)

a superb and rare opportunity

Price: £325,000 freehold

Property Information

Property:

Freehold

Location:

About 350 metres to the beach

Energy Performance Rating:
F

Business Operation

Reasons for selling:

Retirement

Years established:
10

Contact Lawrence Wright

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