7 Bedroom Hotel Located in Tintagel
All Rooms En-Suite
Stunning Sea Views
The Avalon Hotel is located in the village of Tintagel, set high on the rugged North Cornwall coast. Tintagel has dramatic sea views all within walking distance. This is a spectacular place, steeped in myths, mystery and beautiful coastal path walks. The village and nearby Tintagel Castle are associated with the legends surrounding King Arthur and The Knights of The Round Table. The Avalon is an ideal place to be based for exploring the surrounding area.
Freehold Asking Price: £749,950 plus SAV (5,000)
Business Rates: £3,684
Domestic Rates: £1,241
Veritas Business Sales are delighted to offer for sale this delightful 7 bedroom hotel which is located in the Cornish village of Tintagel. The property has been a major feature in village for many years and was transformed into a hotel 12 years ago and has been in the careful hands of the current owners for the past two years. The business is now being offered for sale so that our clients can enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Avalon Hotel is owner operated with the help of 4 part time members of staff and has an annual turnover of circa £150,000. Room income equates to £132,000 of turnover where they have 7 en-suite guest bedrooms equipped with central heating, colour TV’s and tea & coffee making facilities. The remaining £18,000 derives from food & drink sales. The business benefits from an enormous influx of tourists during the season yet remains busy in the off-season. Externally there’s a large car park, mature gardens with 3 recently built patio area’s serving drinks, lunches and home-made cream tea’s. The views across the rugged Cornish coastline are absolutely spectacular and very popular with the visiting tourists. We believe that the business would thrive on a husband & wife team or food based operators to enhance the food sales. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade from visiting tourists. This is a superb opportunity to purchase a business that has already benefited from significant investment which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.
Entrance (2.5m x 2.0m) Hallway with side board, coffee machine (Novo) and an espresso coffee machine (Francino). Lounge/Bar (3.6m x (8.5m) comprising: 6 arm chairs, settee, 3 bar stools, 2 side tables with seating for (14), under counter drinks fridge (Polar), serving bar with under counter sink drainer, usual bar cooling facilities, various shelves, draft beer tap for two beers, 3 feature ceiling lights and feature fire place.
Dining room (8.6m x 3.8m) comprising: 2 feature fire places, various pictures, and tables & chairs to cover (18). Kitchen (5.0m x 3.4m) largely commercial comprising: 2 under counter fridges (Beko), under counter freezer (Frigidaire), under counter freezer (Indesit), 3 door commercial bench fridge, 2 commercial induction hot plates (buffalo), 5 ring range/oven, fryer (Silver Crest), panini toaster (Sirman), 3 toasters, stainless steel prep table, commercial microwave (Samsung), glass washer (Class EQ), dishwasher (Miele), upright stainless steel fridge, hot water dispenser, sink with drainer, various kitchen units and cupboards and extraction canopy (Range Master), commercial griddle Storeroom (1.5m x 3.2m) comprising: various shelves for laundry, ice making machine (Nice Ice), various shelves, upright fridge freezer (Bosch), dryer (Bosch) and washing machine (LG), Unisex Toilet newly built with 2 x w/c’s, fully tiled with top quality sanitation fittings Boiler Room (1.5m x 2.0m) with commercial boiler.
Bedroom 1 (2.7m x 3.8m) double with en-suite
Bedroom 2 (3.6m x 4.5m) super king size with en-suite (sea view)
Bedroom 3 (3.6m x 4.5m) super king size with en-suite (sea view)
Bedroom 5 (2.7m x 3.8m) double with en-suite
Bedroom 6 (3.6m x 3.7m) double with en-suite
Bedroom 7 (3.6m x 3.7m) double with en-suite (sea view)
Bedroom 8 (2.7m x 3.8m) double with en-suite (sea view)
All bedrooms come with wall mounted flat screen Tv’s and tea & coffee making facilities
2 large double bedrooms linked with (Jack & Jill style) bathroom
Shed comprising: upright freezer (Beko), drinks fridge (candy)
Storeroom (1.8m x 3.5m) comprising: chest freezer and various shelves
Mature garden with 3 separate patio’s and seating for (40)
Car park with parking for (8)
EPC Rating C