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Rare Freehold Sea Front Guest House For Sale

Weymouth, Dorset, UK
Asking Price:
£595,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Undisclosed

Rare opportunity to acquire a substantial sea front guest house in Weymouth with an exceptionally long lease, effectively offering virtual freehold ownership. Positioned directly opposite Weymouth Beach and within easy walking distance of the town centre, this well-established business benefits from consistent demand and outstanding views.

The property provides 12 en suite letting bedrooms, several of which enjoy sea views, along with a ground floor dining room overlooking the seafront and a conveniently located breakfast kitchen. In addition, the top floor comprises a self-contained two-bedroomed holiday with sea views.

Owners’ accommodation is extensive and flexible, including a private lounge, two to three bedrooms, an enormous kitchen and laundry room, a newly created en suite double bedroom, and a second shower room. To the rear, a secure yard provides valuable storage and parking for motorcycles and bicycles.

The Grade II listed Georgian property benefits from gas-fired central heating and has undergone considerable improvement during the current ownership, including the installation of a new boiler and water tanks, together with a planned rolling programme of annual decoration and maintenance. The business is currently trading at an informed turnover of approximately £120,000 including VAT.

The property is held on a highly attractive 125-year lease at a fixed ground rent of just £5 per annum, providing exceptional long-term security and making this an ideal lifestyle and investment opportunity. There is clear scope to enhance the accommodation and increase room rates, with nearby guest houses achieving significantly higher tariffs following investment in upgrades.

Full details are available upon request, and early viewing is strongly recommended due to the rarity of this tenure and prime sea front position.

Property Information

Property:

Leasehold

Lease Terms:

125-year lease with a fixed ground rent of £5 per annum, offering virtual freehold security.

Living Accommodation:

Private accommodation comprising lounge, two to three bedrooms and two bathrooms, with flexibility to create additional en suite space.

Location:

Prime Position Facing The Sea

Premises Details:

Substantial Grade II listed Georgian sea front property with dining room, breakfast kitchen, guest accommodation, owners’ accommodation and self-contained flat.

Size in square feet:
Large multi-storey property with additional rear yard and top floor flat.
Planning Consent:

Established use as a guest house with residential flat.

Business Operation

Expansion Potential:

Significant scope to increase tariffs and profitability through refurbishment and repositioning to a higher standard.

Competition / Market:

Strong local demand with neighbouring hotels and guest houses working cooperatively to accommodate excess guest demand during peak periods.

Trading hours:

Seasonal and year-round trading potential.

Employees:
Operated by owners with minimal staffing requirements.

Other Information

Support & training:

Handover available to ensure a smooth transition.

Financing available:

Potential to support mortgage finance subject to status.