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Quality Somerset Guest House With Excellent Profits For Sale

Chard, Somerset, UK
Asking Price:
£799,950 Furniture / Fixtures included
£100K - £200K
Net Profit:
£50K - £100K

Internal details
Main guest entrance door to the front into Reception Hallway an attractive entrance with wood laminated flooring, ornate decorative plasterwork, Reception Area and stairs to upper floors. Guests Lounge an attractive character room with carpeted flooring, aspect to front, feature fireplace with open fire, ornate decorative plasterwork, feature lighting, comfy sofas and armchairs for 6 guests and a colour television. Breakfast Room again an attractive and impressive room with carpeted flooring, dual aspect windows to the front and rear, feature lighting, display sideboard unit, range of free-standing wooden tables and chairs comfortably seating 16 guests. Doors into adjoining Conservatory Breakfast Room with carpeted flooring, aspect to rear overlooking the garden, range of freestanding wooden tables and chairs comfortably seating 4 guests. Kitchen a well appointment room with wooden laminate flooring and fitted with a range of quality base and wall mounted kitchen units with complementary solid wood work surfaces and an inset butler sink, Range Master double oven with 6 ring halogen hob and grill, extractor system, part tiled walls, microwave oven, plate warming cabinet, dishwasher, integrated undercounter fridge and integrated undercounter freezer.

Letting accommodation
The business offers up to 9 individually designed and furnished quality ensuite letting bedrooms which have been refurbished to a high standard with high quality decoration and furnishings. Each of the attractive and contemporary letting rooms are well presented and offer remote controlled flat screen televisions, Wi-Fi, alarm clock radios, hairdryers and hospitality trays. Bedroom 1 a twin bedroom on the first floor with aspect to front and an Ensuite Shower Room. Bedroom 2 a double bedroom on the first floor with aspect to front and an Ensuite Shower Room. Bedroom 3 a single bedroom on the first floor with aspect to rear and a wash hand basin. Private Shower Room and Separate WC on the first floor for the sole use of bedroom 3. Bedroom 8 a double room on the first floor with dual aspect to the front and side, an Ensuite Shower Cubicle and a separate WC. Bedroom 9 a double bedroom on the first floor with aspect to rear, an Ensuite Shower Cubicle and a separate WC. Bedroom 4 a double bedroom on the second floor with aspect to the side and an Ensuite Shower Room and a separate WC. Bedroom 5 a double bedroom on the second floor with aspect to front and an Ensuite Shower Room. Bedroom 7 a double bedroom on the second floor with aspect to the side and a large Ensuite Shower Room. Annexe Bedroom a spacious self-contained first floor family letting room, sleeping up to 5 guests with aspect to front and rear, open plan room with comfortable Seating Area, Dining Area with fridge and microwave, and an Ensuite Shower Room.

Owner's accommodation
Interlinked with the main building, but which can also be completely self-contained, is the well-appointed Owner's Cottage Style Accommodation. The family sized owner's accommodation briefly comprises:- Sitting Room with bay windows to the front, wood laminated flooring and feature fireplace with inset gas living flame effect stove. Dining Room and Office Area a spacious multi-purpose room with wood laminated flooring, range of quality base and wall mounted kitchen units with complementary work surface over, commercial washing machine, under counter fridge, undercounter freezer and stable door giving independent private access to the side. Laundry Room with wood laminated flooring, cloak cupboard, range of base units with complementary work surface over, Singer flat press iron, wall mounted gas boiler and tumble dryer. Family Bathroom fitted with a modern white suite, with a shower over the bath. Bedroom 1 a good-sized double bedroom with aspect to the front, exposed ceiling timber and a built in double wardrobe. Bedroom 2 a small double bedroom with aspect to the rear, exposed ceiling timber and built in cupboards. Bedroom 3 a small double bedroom with aspect to the rear, exposed ceiling timber and built in wardrobes.

External details
The property is approached from the A30 via a driveway that leads to a large Private Car Parking Area with marked spaces for 9 vehicles. Adjacent to this is a substantial detached Garage Building which comprises a Quadruple Garage and Store Area on the ground floor with the substantial annexe bedroom above. Further Parking Areas to the front and side of the garage for another 4/5 vehicles. The garage offers potential to create a self-contained letting unit or additional letting bedrooms, subject to the necessary consents. A real feature of this property is the Substantial Enclosed Garden which incorporates a Patio Area with an adjacent Lawned Garden Area predominantly used by guests. Beyond this is a large Private Lawned Garden, interspersed with a range of trees and shrubs giving a high degree of privacy and incorporating a Timber Built Stable Block currently used for storage, a lean to Store and a large wooden Storage Shed.

The business
Watermead Guest House is presented in excellent order throughout and currently trades as a quality and award-winning bed and breakfast business, with superior and impressive 3 bedroom family sized owner's accommodation. The property has been fastidiously maintained and refurbished by our clients during their 23 years of ownership and the high standards inherent throughout all aspects of the business ensures excellent levels of regular repeat business, together with word of mouth recommendations and the business benefits from year round commercial and leisure travellers. Watermead has been awarded a Certificate of Excellence from TripAdvisor and an exceptional score of 9.5 (out of 10) on The business has its own website and advertising is limited to this together with associated accommodation booking websites. The business is easily run by our clients, a husband and wife partnership, with 1 part time member of staff.

Trading information
Through personal choice, and with impending retirement in mind, our clients have taken a more relaxed approach to running the business over recent years, to fit in with their lifestyle and holiday requirements. Even so, trade levels are still comfortably in excess of the VAT threshold, with strong profits being generated. Full detailed accounting information of this extremely profitable business can be made available to interested parties, following a formal viewing appointment.

Watermead Guest House is an excellent opportunity to purchase an established and highly impressive bed and breakfast business, in an excellent trading location, which still offers tremendous potential to develop all aspects of the trade and property. There is potential to develop a social media presence, and there is also the potential to develop the garage, or part of it, to form a self-catering letting unit or additional letting rooms. This substantial and flexible property also offers opportunities as a grand family residence or for multi-generational living, if so desired. Watermead Guest House is a very profitable home and business which offers an enviable lifestyle, with genuine potential for future growth. An internal viewing is essential in order to fully appreciate all that this easily run business opportunity has to offer.

Property Information



Living Accommodation:

Impressive 3 Bedroom Self Contained Owner's Cottage


Watermead Guest House is an imposing and attractive bed and breakfast business occupying a prime town centre and main road trading position with visible signage, whilst being tucked away at the end of the drive within its own private grounds. Within easy reach of all the amenities of the town and also close to open countryside. The historic town of Chard is currently undergoing a major regeneration scheme and lies in the corner of South Somerset, close to the borders of both Dorset and Devon and on the fringe of an Area of Outstanding Natural Beauty. Located around 14 miles from the popular coastal town of Lyme Regis, the property is readily accessible to wide range of facilities and activities for guests to enjoy. The A30 and A303 are busy tourist links between London and the West Country and the nearby coastline known as the Jurassic Coast has been designated as an Area of Outstanding Natural Beauty and has been awarded World Heritage status by UNESCO. The county town of Taunton is some 14 miles to the North with access to the M5 motorway and there is a intercity rail service to London from Crewkerne, 8 miles to the East. The guest house is well placed for guests wishing to visit numerous National Trust properties, River Cottage, the nearby wedding venues of Forde Abbey and Hornsbury Mill, as well as the many delights of Somerset, Devon and Dorset.

Premises Details:

Watermead Guest House is an imposing and handsome detached property, originally built in 1875 as a Victorian gentleman's residence. This impressive and extremely well-appointed property retains classic features that you would expect from a period house of this style and quality and has been well maintained and improved by our clients during their 23 years of ownership. Consequently, Watermead Guest House is presented and furnished to an extremely high standard throughout. Successfully run as a guest house for over 40 years, the main property was substantially extended during the 70's and 80's to include the impressive family sized owner's cottage style accommodation. This most profitable business currently offers 9 well appointed Letting Bedrooms (8 Ensuite, 1 with Private Facilities), Residents Lounge, Residents Breakfast Room, Conservatory, Fully Equipped Kitchen and superior and extremely well presented quality Self-Contained Owner's Accommodation to include: - Sitting Room, Dining Room/Office, Laundry Room, 3 Double Bedrooms and a Bathroom. Externally, the property is set well back from the main road with prominent signage. A driveway leads to a Private Car Park for 9 vehicles, with additional parking available adjacent to the house. Quadruple Garage with Store Area, attractive and extensive Rear Garden being fully enclosed and incorporating Lawned Areas, a Patio Area with a wooden Stable/Store, and a further wooden Storage Shed and lean-to Store. Watermead Guest House is an exceptional property and a very special place to live and work and a viewing is highly recommended to fully appreciate all that this profitable home and business has to offer.

Business Operation

Reasons for selling:

Retirement Sale After 23 Years

Contact Information

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