Reputable Traditional Pub and B&B in Weymouth

Weymouth, Dorset
REF: R05995

Asking Price:
£159,950
Annual Turnover:
£442,754
Annual Net Profit:
£53,237
Under Offer
REF: R05995

Overview

Tenure:
Leasehold
Established:
1897
  • Grade II listed building
  • 7 great quality rooms
  • 3 bedroom owners accommodation
  • Excellent online reviews
  • Fantastic profit margins

A well-respected pub and B&B in the picturesque town of Weymouth is now available to the open market.

For over a century the business has been operating as a traditional pub and B&B, with the current owner having worked incredibly hard for over 20 years to amass the admired reputation it holds today. As well as offering traditional English breakfasts and a range of beverages in a warm, homely environment, the business also provides seven high-quality rooms which ensure guests have a comfortable stay.

Accommodating holidaymakers, commercial travellers and darts teams, the business attracts all types of customers and has profited as a direct result of increased tourism to the town post-Olympic hosting in 2012. Its turnover comprises 20% from its B&B and 80% from bar sales.

Its stunning premises, excellent reputation and high financial figures provide the new owner with perfect foundations for future development.

Trading all year round from a stunning Grade II listed building, the spacious, well-kept premises provides guests and staff with all required amenities. Customers step into the large open plan bar area which retains much of its original decor, complete with a polished hardwood bar and exposed beams. Dark wood tables, stools and booth seating accommodate approximately 80 covers. Beyond this, a well-equipped kitchen is utilised to prepare breakfast for overnight guests. Seven light and spacious guest rooms are included in the property, five of which lie in the coach house annexe to the rear. The three-bedroom owners accommodation is also situated on the upper floor. Guests can also enjoy the luscious beer garden and courtyard in good weather and make use of the pub’s parking facilities.

A clear, informative website displays information regarding rooms and prices, with the option to book via booking.com, which boasts a very good 8.5 out of 10 ratings.

Appealing to a couple looking to take on a turn-key lifestyle business, or owner of a current B&B wishing to expand, a new owner could take steps to grow the business.

Increasing marketing through utilising social media platforms would help the business gain excellent exposure and promote glowing testimonials, as would being present on additional online booking platforms. Serving evening meals to both overnight and pub guests would also inevitably enhance financial figures.

The current owner is able to stay on for a transitional period as required to assist the new owner with daily operations.

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  • Coastal town
  • Tourist spot
  • Close to complementary businesses
  • Prime location
  • Only pub in the vicinity
Rent
£28,891
Rates
£10,635
Lease Term
6 years
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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