Get brand editions for Cornerstone Estates, Weymouth

14 bedroom terraced house for sale

The Esplanade, Weymouth, DT4 7AY

£465,000

Property Description

Key features

  • Award winning bed and breakfast
  • Adults only
  • Seafront location
  • 12 lettings rooms all with en-suite
  • Potential for development
  • Spacious owners' accommodation
  • Free parking for guests
  • Leasehold - 51 years remaining

Full description

Cornerstone Estates are delighted to offer for sale a highly successful business opportunity situated on Weymouth's Esplanade, offering fine bed and breakfast to adults only. This leasehold property has 12 fully refurbished/refitted guest rooms, all with en-suite facilities, accommodating up to 22 people. There is also the potential for two further letting rooms. The owners' accommodation is extremely spacious and self-contained in a Mews House with a separate entrance and a private courtyard. The business has received many awards in recent years and is perfect for new owners to walk in and continue to operate.
The property is situated close to the Jubilee Clock on The Esplanade, overlooking Weymouth Bay and is the ideal base from which to discover the Jurassic Coastline, a World Heritage site, the Dorset Coast Path and the surrounding countryside. It is within easy walking distance of the town centre and the railway station. Weymouth beach provides gently sloping sands and a sheltered bay, along with classic seaside leisure and tourist related facilities and has a charming harbour. Nearby Portland offers specialist diving and sailing activities and is famous for the National Sailing Academy, sailing venue for the 2012 Olympics.


THE PROPERTY 
The property is a Grade II Listed building completed in 1778. It is laid out over 4 floors plus a basement and has rendered elevations with a slate roof. The exterior of the building (front and back) was painted in 2014. The building was awarded five out of five for its frontage at the last hotel inspection.
The Mews House, and adjacent courtyard, is situated at the rear of the property.

PUBLIC AREAS 
On entering the property, the guests' lounge and spacious breakfast room are situated to the left of the entrance hall. The guests' lounge has a cosy feel to it and has a large TV and impressive sea views across Weymouth Bay. New carpets were fitted in the hallways and breakfast room in 2014 and new tables and chairs were added in 2015.

LETTING BEDROOMS 
There are 12 guest rooms with the potential for two further rooms. There are 3 kingsize double rooms, 5 double rooms, 2 twin rooms and 2 single rooms. All rooms have quality fitted furniture, LCD televisions, free Wi-Fi and coffee/tea making facilities. Some rooms have sea views. There is also the potential for two further letting rooms.

OWNERS' ACCOMMODATION 
At the rear of the property is a spacious self-contained Mews House comprising three large bedrooms, a bathroom, an office and a lounge. The house has a separate entrance and a private courtyard. This is a further development possibility as it would be easy to change this to a self-contained holiday let by changing the use of the office into a kitchen.

SERVICES 
Weymouth and Portland District Council.
Mains electricity, gas, water and drainage. Gas heating. Cooking?

ACCOUNTS 
Our clients are happy to provide trading information to those who are particularly interested in the business. Our clients have been running the business for nine years and in recent years have increased visibility through social media and this has resulted in an increase in bookings. Currently approximately 50% of bookings come through Booking.com and 50% through social media and own website.

PRICE 
The asking price of £465,000 includes goodwill and trade contents but does not include personal items and trading stock. ?
The property is leasehold with 51 years remaining on the lease.

ADDITIONAL INFO 
including a Gold Award for being an environmentally-friendly and ethically-run business, a Visit England 3 star B&B Award, Visit England Silver Award, Visit England Breakfast Award & Green Tourism Business Scheme Gold Award.

Listing History

Added on Rightmove:
23 June 2016

Nearest stations

  • Weymouth (0.2 mi)
  • Upwey (2.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Cornerstone Estates, Weymouth

16 St Nicholas Street, Weymouth, Dorset, DT4 8AA

01305 575004 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Cornerstone Estates, Weymouth

16 St Nicholas Street, Weymouth, Dorset, DT4 8AA

01305 575004 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Weymouth (0.2 mi)
  • Upwey (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cornerstone Estates, Weymouth

16 St Nicholas Street, Weymouth, Dorset, DT4 8AA

01305 575004 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 350245. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cornerstone Estates, Weymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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