A bespoke built 10 en-suite roomed hotel / accommodation complex in Lyme Regis

Lyme Regis, Dorset

£995,000Freehold
Largigi RoomsCoombe Street Lyme RegisDorsetDT7 3PYView Map

A bespoke built 10 en-suite roomed hotel / accommodation complex in one of the UK’s most sought-after coastal towns, Lyme Regis, Dorset. This high-income producing investment is operated by a house keeping team only and the customers enter and exit the premises by state-of-the-art booking and door entry system. The premises benefit from large garage parking on the ground floor and a separate private access from the rear to a municipal large pay and display car park too. Only constructed in 2017, it is presented in an excellent condition throughout and many of the units are two bedroomed. The building also benefits from a passenger lift and roof mounted solar panel system.

A bespoke built 10 en-suite roomed hotel / accommodation complex in one of the UK’s most sought-after coastal towns, Lyme Regis, Dorset. This high-income producing investment is operated by a house keeping team only and the customers enter and exit the premises by state-of-the-art booking and door entry system. The premises benefit from large garage parking on the ground floor and a separate private access from the rear to a municipal large pay and display car park too. Only constructed in 2017, it is presented in an excellent condition throughout and many of the units are two bedroomed. The building also benefits from a passenger lift and roof mounted solar panel system. Situated only a stone’s throw from the harbour front and the plethora of independent shops in the high street. Early viewings are highly recommended.

The property is in one of the UK’s most sought-after coastal towns and is situated only a short walking distance from the harbour, sea front and town centre. This location is easily accessible by good road links and the town is often referred to as ‘the pearl of Dorset’. The town has a chocolate box feel and the unspoilt coast is also known as the ‘Jurassic Coast’ because of the continual fossil find by tourists and experts alike. There are many fantastic schools in the area and the town enjoys an active vibrant community, with many activities all year round.

The property was designed and built only recently, to a specification which allows customers to book, enter and exit without the need of staff, apart from a house keeping team on change-over. This has meant that income figures are high and impressive net profits are achieved. On the roof is a large mounted solar panel system which almost negates all electricity costs. Whilst the current owners operate this business remotely, but we the agents, feel there is scope to easily create owners’ accommodation without compromising too much on income. Actual trading accounts will be made available following a successful formal viewing.

LETTING ACCOMMODATION
All rooms have been decorated to a high standard. They all feature furniture and are equipped with good en-suite facilities. The high standards of the rooms are complimented with up-to-date equipment including LCD Digital Free view TV’s, complimentary beverage facilities, refrigerator, hair dryer, fan, bedside tables, chest of drawers and wardrobes facilities.

FIRST FLOOR

LETTING ACCOMMODATION

5 x STANDARD ROOMS
These rooms all have double rooms with quality double beds. The en-suite facilities, comprise of a low-profile double width power shower, WC and wash hand facilities.

5 x FAMILY ROOMS
These rooms have two rooms both with quality double single beds. The en-suite facilities, comprise of a low-profile double width power shower, WC and wash hand facilities.
On this floor are several storage and linen rooms and at the far end is a large comfortable lounge area for the guests.

REAR DOOR
At the far end of the 1st floor corridor is a door leading to a municipal large pay and display car park.

CAR PARK
The car park is substantial, situated under the accommodation on the ground floor and comprises of 6 spaces and which are all accessible by a door entry system which is provided to the guests. An additional 4 spaces can be made available.

BUSINESS WEBSITE
www.largigi.com

FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE
Freehold

OPTION 1.
PRICE: £995,000 Property/business and 6 parking spaces.

OPTION 2.
PRICE: £1.250,000 Property/business and 10 parking spaces.

VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected]
www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.