Highly regarded and long established guest house enjoying sea or harbour views from every room, positioned in one of the most sought after trading locations in Weymouth. This cosy and traditional bed and breakfast benefits from a prime setting close to the Pavilion Theatre, harbour and town centre, generating strong levels of repeat business and forward bookings.
The property provides eight guest rooms, all with their own facilities, plus an additional single room currently used by family members. Every letting room enjoys either a sea or harbour view, a rare and highly desirable feature which underpins consistent demand and strong occupancy. The guest house is presented in very good decorative order and benefits from gas fired central heating throughout.
Owners accommodation is arranged as a self contained two bedroom flat, offering excellent separation between business and private living. Additional features include valuable owners parking, a private garden area and a rare garage, all of which significantly enhance the appeal of the business in this central location.
The guest house occupies a classic mid terrace, bow fronted Georgian Grade II listed property with panoramic views across Weymouth’s famous beach, where numerous events take place throughout the summer season. The business has been in the same ownership since 2011 and is operated by a husband and wife team. It trades strongly during the main season and closes for a period during the winter months by choice.
Annual turnover is intentionally restricted to just below the VAT threshold of £90,000 per annum. With no reliance on online booking agencies and therefore no commission costs, the business achieves healthy profits, with many personal living costs including rent paid by the business.
This opportunity is ideally suited to a cash buyer, with the asking price representing approximately fifty percent of the estimated freehold value. The business is offered for sale due to retirement and new owners will benefit from excellent bookings already in place.
EPC: Exempt
