Bed & Breakfasts for sale in Newquay

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S Martin (Feb 2013)
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Freehold Price: £329,999 Annual Turnover: £45,000
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Business Description
• Guest House in town centre location
• Consistently high levels of turnover and profitability
• A prime position in world-famous holiday resort
• Well-appointed bar and dining facilities
• Long established reputation and regular guest base
• Lots of further potential
• Extensive inventory of fixtures and fittings included
• Owners private accommodation
• Wonderful lifestyle opportunity

Falcon Commercial is delighted to offer for sale this established 7 bedroom (all en-suite) Hotel with generous self-contained double bedroom owner’s accommodation and private courtyard gardens. It enjoys all the considerable commercial and private advantages of a fantastic highly visible trading position just off the town centre and sea front in the popular holiday town of Newquay, Cornwall.

Operating from impressive extremely well presented premises of real charm and character, this exceptionally successful and profitable hotel attracts a strong year round trade. The room rates vary from £24ppn in low season rising to £30ppn in high season.

Pencreber Guest House represents an excellent opportunity to purchase a thriving privately run Guest House with scope to further increase trade possibly by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly through its informative dedicated website, in order to improve upon the already impressive levels of turnover and profitability it is achieving in the hands of the current proprietors.

The business has built up an excellent reputation and enjoys a high level of repeat bookings due to its home cooked breakfast and friendly welcoming atmosphere.

Early viewing of this rarely available opportunity comes highly recommended

Premises Details
A well maintained three story premises, occupying a prominent position. Pencreber Guest House offers 7 individually designed and furnished en suite letting bedrooms combined with spacious public areas. The premises have been sympathetically converted, modernised and extended over the years whilst retaining many attractive original features and provide an exceptional standard of business and private accommodation which briefly comprises:

Ground Floor
• Entrance porch
• Entrance Hall
• Dining room with bay window to front
Ground Floor Owners Accommodation
• Kitchen with range of eye level and base units
• Bar with shelving for optics
• Owners Lounge with dedicated dining area. Door to garden
• Laundry room
• Office
• Bathroom
• Toilet
• Double Bedroom

First Floor
• Bedroom one with en-suite Facilities
• Toilet
• Bedroom two with en-suite facilities
• Bedroom three with en-suite facilities
• Bedroom four with en-suite facilities

Second Floor
• Bedroom five with en-suite facilities
• Bedroom six with en-suite facilities
• Bedroom seven with en-suite facilities

External
• Courtyard garden
• Covered storage area which gives pedestrian access to the rear

Business Information

Turnover
Current turnover in excess of £45,000 per annum, with good profits and scope to increase. High level of repeat business.

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Staff Details
The business is run by the proprietors

Business Rates and Council Tax
We are advised that the business rates payable currently are: Nil
The owner’s accommodation is council tax band: A

Trading Hours
The business is open all year round.

Tenure
Freehold

EPC Rating
EPC Rating: TBC

Legal Costs
Each party to bear their own legal costs incurred in the transaction.

Planning
Potential tenants are advised to make their own enquiries to Cornwall Council County Hall Treyew Road Truro TR1 3AY
Tenure: Freehold

Location Details:

Newquay is considered to be one of Cornwall’s most popular holiday resorts, world renowned for the quality of its surfing beaches together with a spectacular coastline. The town itself caters for all day to day needs with plenty of national retailers mixed with locally owned shops and a profusion of restaurants and bars.

Within approximately 15 minutes is the cathedral city of Truro which retains a sense of history with cobbled streets and pedestrian alleyways. This small city also boasts a unique character together with a particularly fine array of shops and some of the County’s leading educational establishments. Newquay Airport approximately 8 miles distant offers a number of scheduled daily flights to both domestic and international destination

Listed by: Falcon Commercial
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