A Grade II listed Georgian hotel on Weymouth’s renowned Esplanade has been brought to the market for £970,000.
The Bournville Hotel is a freehold five-storey property with 16 rooms, the majority of which enjoy views of the sea – which is just ten metres away.
Featuring a distinctive yellow façade, it has a number of period features, and has been renovated to a high standard.
Ed Jefferson from the Hotels team in the South West office of Colliers International, which is marketing the property, said: “The Esplanade and seafront support any number of smaller B&Bs but as a large guest house/small hotel, the Bournville occupies a fairly unique niche. And unlike many of its neighbours, it is freehold.”
He added that it is presently producing net sales of more than £246,000 per annum, but is is capable of producing higher profits.
“This is a smart, well located and profitable business which is ready to go under more hands-on ownership,” he said
“Our clients acquired the property in 2014 but have decided to concentrate on their other business activities – giving new owners the opportunity to come in and put their own stamp on the business.”
The Bournville Hotel has been trading in Weymouth for 70 years, and is located at the southern end of the resort, which includes a bustling harbour. It is near the Alexandra Hotel, which was sold by Colliers International last year.
The 16 letting bedrooms at The Bournville include three family rooms; three triples; seven doubles; two twins and a single. In addition, the owners have a spacious flat on the lower ground floor with a large family kitchen, living room and three bedrooms.
Weymouth remains a perennial favourite destination for holidays and weekend breaks, thanks to its wide sandy beaches and close proximity to the globally-renowned Jurassic Coast. Weymouth Bay and Portland Harbour were chosen as the main venue for the London Olympic and Paralympic sailing events – which triggered enormous investment for the area.