Enquire Now
For Sale

The Leam Hotel

Specifications

0.1 Acres (0.04 Hectares)
£
OIEO £1,000,000
The Leam Hotel, 102-103 The Esplanade, Weymouth, Dorset, DT4 7EB
Current Brochure

Summary

Rare Freehold Seafront Opportunity
30 Letting Bedrooms
Bar and Entertainment Space (75)
Restaurant (54)
2 Live in Staff Rooms
Set Out Over Two Original Georgian Townhouses
4 Floors with Passenger Lift
Commercial Kitchen and Laundry Room

Description

An attractive seafront hotel within a terrace of similar Georgian properties close to Weymouth town centre, train station and harbour. Trading under management with ample scope to increase sales from hands on operators . 10 year ownership during which time the hotel has benefitted from considerable improvements. Offered for sale by way of a transfer of the going concern.

The hotel has a mix of private guests who typically stay in the en suite superior rooms at the front of the hotel plus standard and classic en suite rooms at the back of the hotel which are for private guests in the Summer and used for Coach guests during the season. The hotel can take up to 57 guests depending on the configuration of double, twin and single rooms booked by the coach company. The hotel also has good number of walk in guests using the vacancies board due to its close proximity to the train station.

Location

The Leam Hotel is on the seafront and opposite the Jubilee Clocktower. It is an excellent location both in terms of outlook, but also the close proximately on the town centre, train station and harbour.

Weymouth is a top 10 South coast resort town and port located approximately seven miles South of Dorchester and thirty four miles West of Bournemouth with a last reported population of 53,000. The town is located at the intersection of the A353 and A354 which in turn connects with the A35. The town has a busy pedestrianised retail area and retail parks. There is a direct rail link to London (Waterloo).

Accommodation

An entrance hall from the Esplanade provides access to the resident lounge with reception and office.

The lounge (10.1m x 3.8m) benefits from direct sea views enhanced attractive large windows to include a bay windows making the most of this. Additional internal office. To the rear of the ground floor is a customer lift (all floors) and staircase to the basement and upper floors. Second staircase from the entrance hall also.

Lower Ground Floor/Basement

The basement accommodates a bar/function room (11.4m x 7.5m + 5.1m x 1.1m) with bench style upholstered seating, servery and a dance floor and space for 75. Adjacent is the restaurant/breakfast room with 54 covers and customer toilets. Commercial kitchen, freezer room, laundry and rear access. Manager's accommodation comprising a double bedroom with en suite bathroom.

The letting rooms are set out over three floors and comprise 30 en suite rooms and additional single bedroom with a separate shower room. Accessed from the third floor there is a further en suite staff bedroom.

Room list:

Superior Room - 10 (4 with sea views)
Family room - 2 (both with sea view)
Double/Twin - 12
Single 5


Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £27,700.

Services

We understand that mains gas, electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

C(61)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts