Guest Houses for sale in Cornwall

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S Martin (Feb 2013)
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Freehold Price: £900,000 Annual Turnover: £285,546
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Business Description
• £900,000l/ Restaurant/wedding venue set amid 1.1 acres of open countryside
• Management figures show turnover for 2015 £285,546 per annum, profit of £37,814 (pre depreciation costs), genuine growth potential
• 3 bed owner’s accommodation, stunning bridal suite, 80 cover function room, 44 cover dining room plus grounds for marquees
• Excellent reputation, award winning, extensive grounds approaching 1.1 acres, stunning views

Exquisite AA 4 Star Hospitality Business, Award Winning Restaurant, wedding and conference centre in stunning rural setting - Turnover £265,492 per annum (y/e 31.12.14), Stunning Bridal Suite and 3 bedroom owners accommodation, delightful 80 cover function room & 44 cover dining room, excellent reputation, genuine potential for growth, extensive grounds approaching 1.1 acres, stunning views, retirement sale. Ref:43912

This is an extremely rare opportunity to acquire an absolutely stunning 4 star Country Hotel which occupies a superb countryside location.

The Hotel is also within a short distance of neighbouring towns and areas of outstanding beauty which attracts thousands of day trippers, walkers and cyclists throughout the year who visit to take in the natural scenery and beauty.

The hotel was purchased by the present owners in the 2007 as a semi derelict building, having previously been a restaurant for over 30 years. Following a full renovation they opened their Function and Restaurant business, which since then has earned an excellent reputation for offering a warm welcome with well-appointed facilities, which ensures the business enjoys good reviews as well as frequent referrals and recommendations.

This is a family run business complimented by the well trained and motivated staff members, which is another major factor of the businesses success and reputation.

Since the business was established, the property has been extensively renovated taking great care to preserve and enhance the historic character of the existing building. The hotel/restaurant offers the suite which was added in 2012, providing luxury accommodation for a wedding couple. The Bridal Suite when not in use by wedding couples is offered as a stunning luxury accommodation on a self-catering basis. They do not offer additional accommodation for guests at the weddings it hosts, however there are hotels within a short distance of the venue.

The hotel has a fully fitted kitchen, gas central heating, stunning shower room, large screen TV/blue ray player, king size bed and free parking .

In addition there is a separate, spacious owner’s accommodation consisting of 3 double bedrooms, large lounge, kitchen and dining room and a delightfully presented family bathroom. The owner’s accommodation has stunning garden and far reaching views.

The hotel offers a comfortable lounge, a licensed bar, a
Tenure: Freehold

Listed by: Kings Business Transfer
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