• BEAUTIFULLY PRESENTED PERIOD GUEST HOUSE IN COASTAL LOCATION
Price:
Freehold - £535,000
Location:
Cornwall, Porthcurno
5 WELL-APPOINTED GUEST BEDROOMS (EN-SUITE/PRIVATE SHOWER)
WELL-APPOINTED 1-BEDROOM SELF CATERING ANNEXE
OWNERS’ DOUBLE BEDROOM (EN-SUITE) & LIVING ROOM
TERRACED GARDEN AND CAR PARK
CONSISTENT LEVELS OF TURNOVER AND PROFITABILITY
INTERNAL VIEWING HIGHLY RECOMMENDED
DESCRIPTION
The detached property faces the South and from a number of rooms there are wonderful views down the valley to the sea. On the ground floor is an attractive reception hall, dining room with feature fireplace, residents lounge with working fire, well-appointed kitchen and service areas to the rear. On the 1st floor are 5 tastefully appointed guest bedrooms, 3 of which have en-suite facilities and the remaining 2 rooms have their own individual shower rooms. On the 2nd floor is the owners’ accommodation with living room and adjoining en-suite double bedroom, with 2 dormer windows to the front providing far reaching views. Alternatively, given that both these rooms have their own access, they could be reconfigured to provide 2 further en-suite guest letting bedrooms. Attached to the guest house and to the side is a separate annexe, which comprises an open plan bedroom, dining and seating area, kitchenette and well-appointed shower room. To the side of the property is car parking for up to 5 vehicles and also an additional grass area which has been rented from a local farmer at an annual rent of £100 which has been an ongoing arrangement for many years.
THE BUSINESS
Our clients acquired Sea View House 5 years ago during which time they have undertaken a refurbishment and improvement programme, to include new central heating, private shower facilities from Rooms 1 & 3, general updating of the other guest letting bedrooms and the self-contained annexe, to provide a very well-presented period guest house. Details of the tariff for Bed & Breakfast or the self catering accommodation can be viewed our clients’ website, www.seaviewhouseporthcurno.com and indeed for the photographs. We understand that turnover for the year-end March 2010 shows sales of £50,400, producing a gross profit of 86% and an adjusted net profit of £31,628. The business trades between February – October. Detailed accounting information will be made available subsequent to a viewing appointment in the normal manner.
Sea View House occupies a prominent self-advertising position in the upper reaches of the valley of Porthcurno, close to one of the county’s most beautiful beaches and one of the country’s most highly acclaimed open air theatres, The Minack. The South West Coastal Footpath is nearby as is the popular Wartime Telegraph Museum and in addition, the Lands End peninsula which offers some of the county’s finest coastline and tourist attractions, making this an ideal base.
North Yorkshire
£ 750,000
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