Established Guest House In Dorset For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular guest house, which has been in our client's hands since 2008 and is only now being placed on the market due to our clients wish to retire. The business generates a turnover in the region of £62,000 per annum with a gross profit of 80%, derived from offering letting accommodation and breakfasts. The business currently trades all year round and is well-equipped to suit the trade and is highly maintained throughout. The guest house boasts 5-letting rooms, which have all been recently redecorated and recarpeted, and have en-suite facilities. There is a large breakfast dining area, rear courtyard and patio. The business also offers owners' accommodation, with a private lounge. We are advised that the property was totally re-roofed in 2010 and that solar panels are installed to heat the hot water. Our client has gained an excellent reputation and a loyal customer base by offering good service, quality breakfasts and the best tariff rates in the area. There is a website in place, which provides information about facilities, location and contact details and includes on-line booking facilities. We feel that turnover could be increased by introducing an evening menu for guests and perhaps to the general public. This is an ideal opportunity to acquire a well-presented guest house, which is situated in a busy holiday resort and is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial come highly recommended.

Property information

Property:

Freehold

Location:

Ocean Lodge Guest House occupies a 3-storey Victorian property and is ideally located in a parade of similar buildings, in the popular seaside town in Swanage, Dorset. The business benefits from ample parking and is surrounded by a densely populated area. The town centre, which is a short distance away, possesses a wide variety of shops, businesses and amenities including restaurants, cafes and bars, making the area an ideal holiday destination. Many tourists are drawn to the town's beautiful settings, the beach and its attractions. Swanage is a small coastal town in the south east of Dorset, which is accessible from the M27 motorway and the A31 and A35. The business lies approximately 19 miles from Poole and lies approximately 12 miles from Bournemouth.

Premises details:

Substantial 3-storey property boasting 5-guest letting rooms, situated in a popular holiday resort. Briefly comprising:

Ground Floor
• Large breakfast dining area with tables and chairs to accommodate approximately 15-covers
• Owners' living room with en-suite facilities with potential to be converted into an additional guest letting room
• Kitchen with a range of fitted units, 8-burner hob and oven and double sink unit
• Utility room with 2 x washing machines, tumble dryer and ironing facilities

First Floor
• Owners' bedroom with double bed and en-suite bathroom
• Guest letting room 1: double or twin bedroom with en-suite shower room
• Guest letting room 2: large family bedroom with double and single beds and en-suite shower room
• Guest letting room 3: double bedroom with en-suite shower room
• Single bedroom
• Linen Cupboard

Second Floor
• Guest letting room 4: double room with en-suite shower room
• Guest letting room 5: large family room with double and single beds and en-suite bathroom with shower
• WC and linen cupboard

External
• Rear enclosed courtyard with patio area, shed and access path.

Energy Performance Rating:

C

Other information

Energy Performance Certificate:

• 
• View EPC Graph for this property

Leasehold asking price:

£65,000