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16 Bedroom Guest House Located In Newquay

Newquay, TR7 2NQ
£569,950
Business ID:
#2200
£569,950
  • Ref: 2200
  • Type: Commercial Property, Guest House, Hotels
  • Availability: Sold
  • Business ID: 2200
  • Commercial Tenure: Freehold
  • Commercial Price: 569950
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Full Details

Freehold 16 Bedroom BandB Located In Newquay For Sale
Trades Summer Months Only (by choice)
Separate Owners Living Quarters
Ref 2200

Location
This impressive 16 bedroom BandB is located just off the main thoroughfare road within Newquay town centre. Newquay is one of the nation's favourite seaside towns, perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. Newquay is famous for its surfing with and is home to Fistral beach which is one of the best surfing beaches in the world. This thriving town offers an abundance of bars, restaurants and retails shops and is easily accessible by the A392 which connects to the recently upgraded A30. Newquay has its very own airport when you can fly just about anywhere in the world.

Business Description
Veritas Business Sales are delighted to offer for sale this respected 16 Bedroom BandB which is located in the popular Cornish holiday town of Newquay. The business has been established for over 50 years and has been in the careful hands of our client for the past 5 years. Reluctantly the business is now being offered for sale to enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new 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. Blue Room BandB is owner operated requiring no staff members and has an annual turnover of £60,000. The business operates for the summer months as a budget BandB catering for individuals, families, groups and the many suffers that are attracted to the beautiful Cornish beaches. Blue They offer 16 individually designed and furnished bedrooms to include doubles/twins, bunk rooms and a family suite. We believe that there is further potential to increase trade should you wish too by opening all year round. Our client operates this at a gentle pace to suit her lifestyle and chooses to trades below the VAT threshold. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Business information
Asking Price: £569,950 plus SAV
Turnover: £60,000 pa
Stock: £5,000
Business Rates: zero

Ground Floor
Main bar (4.4m x 4.5m) with various pictures, 2 leather look sofas, various bar stools and bar with usual bar equipment.
Breakfast room (6.0m x 8.5m) with various tables and chairs to cover (20), stainless steel table, TV (Polaroid), toaster, hot water dispenser and various coffee tables.
Lounge (8.5m x 6m) with various luxurious sofas, various pictures.
kitchen (4.9m x 3.2m) comprising: commercial extractor, dual basin commercial sink, glass washer, 3 stainless steel tables and 2 upright fridges
Preparation room (4m x 3m) with 2 chest freezers, stainless steel table, various shelves and commercial sink
Utility room (3.2m x 4m)
Entrance hallway
Office (3.8m x 4.8m) with 2 desks, 2 chairs, various shelves, sofa and filing cabinet.
Tool room/utility (3.5m x 4m) with safe (Stratford), various shelves, washer/dryer (Zanussi) and washing machine (Hot Point)
Family suite comprising:
Bedroom 1: twin room
Bedroom 2: double room
Shared bathroom with bath, shower, w/c and wash basin.

Accommodation

Owners apartment comprising:

Kitchen (4.6m x 2.4m)

Bedroom 1 (4.5 x 3.7)

Bedroom 2 (4.5m x 3.6)

Bedroom 3 (3m 3.2m)

Lounge

First floor 1

Bedroom 4 (2.9m x 2.4m) twin room en-suite

Bedroom 6 (4.1m x 7.7m) family room en-suite

Bedroom 7 (6m x 3.5m) family room en suite

Bedroom 8 (4.7 x 3.4m) double room en-suite

Bathroom with w/c and wash basin

Bathroom with w/c and wash basin

Second floor

Bedroom 18 (3.4m x 4.9m) double room en-suite

Bedroom 19 (3m x 3.2m) double room en-suite

Bedroom 20 (2.6m x 4.9m) double room en-suite

Bedroom 21 (2.5m x 3.8m) twin room en-suite

Bedroom 22 (3.8m x 2.8m) double room en-suite

Bedroom 23 (2.5m x 4.2m) double room en-suite

Bedroom 24 (6.4m x 2.5m) double room en-suite

Bedroom 25 (2.5m x 5.1m) double room en-suite

Bedroom 26 (5.8m x 3.0m0 family room en-suite

Bedroom 27 (2.8m x 4.0m) double en-suite

Utility room (2.9m x 1.73m)

Linen cupboard (3m x 1.5m)

External

Parking for 20 vehicles

EPC Rating C