Dorian House, 1 Upper Oldfield Park, Bath, United Kingdom, BA2 3JX

A substantial Victorian semi-detached property which we understand was constructed in 1860.
Arranged over four floors and constructed of Bath stone under a pitched tile roof, the property provides 14 well-proportioned and stylish letting bedrooms, ample public areas, guest parking, attractive rear gardens with self-catering luxury shepherds hut and detached owners/managers accommodation within the grounds.

Dorian House is located in the renowned Spa city of Bath. Bath is a major tourist destination and is famous internationally for its stunning architecture, historic prominence, and world class attractions. The city draws c.4 million visitors annually, drawn to popular sites such as The Roman Baths, Pump Rooms, Bath Abbey, the many festivals, or to simply enjoy the city’s many shops, bars, and restaurants.

The city has good transport links with trains available at Bath Spa (London Paddington 1hr30mins). Dorian House is on Upper Oldfield Park, a quiet residential street approximately 10 mins stroll to the city centre in an elevated position, offering exquisite views over the city and the famous Royal Crescent.

Trade fixtures and fittings are included. Our clients will provide an inventory of personal, non-included items as part of the conveyancing process.

Constructed in 2010 and located to the rear of the garden is a single storey detached bungalow. It is comprised of two double bedrooms, open plan living room/fitted kitchen and bathroom. This is currently used by the management couple.

Rarely does a turnkey profitable going concern opportunity present itself to the market. The guest house benefits from excellent online reviews (4.8/5 from 223 Google reviews, 9.1/10 from 1374 reviews on booking.com) giving a new owner an enhanced reputation and established client base on which to continue to build this fantastic business.
The business currently operates under management. A more hands on operator could make significant cost savings, and along with the on-site owner’s accommodation, could create a very profitable business.

The business operates under management with the assistance of a part time team. There are 3 full time employees including two managers and an assistant manager.

For the year ending June 2023 the business had a turnover of £512,521 with an Adjusted Net Profit of c. £225,000. Significant cost savings are available to an owner/operator. For the same period, occupancy was 81% with an ADR of £131.