IMMACULATE 10 BED GUEST HOUSE WITH STUNNING VIEWS - Tintagel
Price:
Freehold - £465,000
Location:
Cornwall, Tintagel
LOCATION:
This charming property dating from the late Victorian era stands in a prominent position overlooking the Atlantic Ocean and North Cornish coast on the edge of the historic village of Tintagel, where the ruins of a castle are associated with King Arthur and his Knights of the Round Table.
Tintagel is one of the most visited tourist destinations in the UK and is superbly located between Bude to the North and Newquay to the South offering wonderful walking in both directions on the South West Coast Path.
BUSINESS:
This AA 4 star rated guest house is presented in superb condition and is a credit to the current owners. Laid out to provide 9 letting bedrooms, a mixture of doubles, twins and singles, all of which are served by ensuite or private facilities and each with sea or open countryside views, there is a 10th bedroom currently used only for storage as well as separate and private comfortable owners’ accommodation on the ground floor comprising a lounge, separate sitting room/sun room/office and a large double bedroom with an ensuite facility. There is car parking for a minimum of 5 vehicles to the rear and further unrestricted parking available within a few yards of the front of the property.
All rooms have televisions, hair dryers, toiletries and tea and coffee making facilities and a choice of breakfasts are served. Rates start from £30 per person per night.
Only by viewing the property can the quality of presentation be fully appreciated and interested parties are urged to look closely at what is on offer. This is a substantial house with considerable untapped income potential available to a committed couple prepared to advertise its presence more widely.
YEARS ESTABLISHED:
The present owners acquired the business and property in 2007 and have invested significantly to upgrade the facilities. Under their ownership the property has been re-roofed, all bedrooms and bathrooms have been fully refurbished, a new fire alarm system has been installed and a new oil fired boiler was fitted in March 2011. Work is also in hand to replace some of the double glazed window units.
TRADE:
Income from bed and breakfast only terms of £38,561 was reported for the year ended 5/4/11. This was based upon only limited advertising and indicates a high level of repeat business.
The vendors choose not to open all year round to give themselves a break and for health reasons.
Given the number and quality of the rooms we feel that there is significant untapped income potential.
Please note that if a business is VAT registered, all figures exclude VAT.
NET PROFIT:
Available on application.
REASON FOR SALE:
Retirement and for health reasons
STAFF:
None – the business has been operated by a husband and wife team without further assistance.
BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The property is understood to date from 1896 and is of standard construction for the period with rendered elevations under a pitched and tiled roof, which we are advised was fully replaced in 2009. It occupies an imposing corner position at the end of a terrace of properties of similar age facing the sea in Atlantic Road with stunning views to the front and most attractive views to the side and rear up the coast towards Bude and over open countryside.
Laid out over 3 floors including sizeable owners’ accommodation at ground floor level this is a substantial property arranged to provide 10 letting bedrooms (one on the second floor currently being retained as a store) all with ensuite or adjacent private facilities with wc.
Central heating and hot water is supplied by a brand new oil fired Worcester boiler with all rooms and communal spaces served by radiators.
The presentation of the letting rooms in particular is first class and it is no surprise to find that there is a high level of repeat business generated from happy guests.
The accommodation may be briefly described as follows:
Ground Floor:
Entrance Porch
Entrance Hall (7.2m x 1.5m):
Owners’ Private Lounge (4.3m x 3.3m):
Dining Room and Guests’ Lounge (4.3m x 3.5m plus 4.6m x 3.3m):
Rear Inner Hall:
Owners’ Private Bedroom (4.6m x 3.3m max):
Kitchen (4.5m x 3.8m max):
Owners’ Sitting Room/Sun Room/Office (3.8m x 3.7m):
Side Conservatory:
First Floor:
Hallway/Landing:
Bedroom 1 (3.2m x 3.3m widening to 5.1m)
Bedroom 2 (3.1m x 3.8m):
Bedroom 3 (2.8m x 2.0m):
Bedroom 4 (3.6m x 4.3m):
Rear Landing:
Bedroom 9 (3.2m x 3.8m):
Bedroom 10 (2.3m x 2.6m):
Rooms 9 and 10 are usually let as a suite for a family with the adjacent bathroom serving both bedrooms.
Second Floor:
Landing:
Bedroom 5 (4.9m approx x 2.3m):
Bedroom 6 (3.2m x 3.4m plus window recess):
Bedroom 7 (4.7m x 3.4m plus window recess):
Bedroom 8 (3.7m x 2.9m plus recess):
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
OUTSIDE:
There is a small garden to the front of the property. This is enclosed by a stone wall with attractive feature railings and front gate being mainly laid to lawn with flower borders.
To the rear of the property there is a good sized car park with a graveled surface capable of accommodating a minimum of 5 vehicles with ease. There are, in total, 3 wooden storage sheds and to one side of the property there is a sizeable paved patio area to which the fire escape from the first floor accommodation descends.
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Business Services that may be of Interest:
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