Sea Facing Home & Income B&B with Nine Letting Rooms in Weymouth, Dorset
Weymouth, Dorset
- Status
FOR SALE
- Date Submitted:
29/04/24
- Advert ID
610541
- Reference
H206983 / Rightbiz
- Call Agent:
- Leasehold: £360,000 (Stock at valuation)
- Rent: £18,875
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Accounts Available
- Established Business
- Fully Fitted
- Town Centre location
Business Details
Sea Facing Home & Income B&B Weymouth
Goadsby Commercial present prominent seafront position. Sea and town views. Thermostatically controlled gas fired central heating (new boiler November 2023). Flat screen televisions and tea making facilities. Passing trade. Highly rated on review websites. Fully certificated. Guest access Wi-Fi. CCTV system. Established business model with repeat trade. Ideal home & income.
LOCATION
Sandy Bathing Beach (directly opposite) approx. 40 yards. Mainline Railway Station approx. 200 yards. Pavilion Theatre approx. ½ mile. Sealife Centre and Lodmoor Country Park approx. ¾ mile. Dorchester approx. 8 miles.
SUMMARY OF ACCOMMODATION
9 Letting Bedrooms (all en-suite). Lounge/Dining Room. Owners 2 Bedroom Self-Contained Maisonette.
TRADING & BUSINESS
Run single handedly, to the year ended 2023 a turnover of £114,985 was recorded exclusive of VAT. Accounting information can be made available to genuinely interested parties.
TENURE
Secure Local Authority Leasehold. The premises are held on a valuable internal only repairing lease subject to a rolling 10 year term, at a current rent of £18,875 per annum. The freehold of seafront properties are retained by the Local Authority in order to maintain their condition and appearance.
Contact Agent
Listing Statistics
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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.
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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.
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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.'.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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