Bed & Breakfasts for sale in Newquay

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10 Bedroom Guest House Located In Newquay

Newquay, Cornwall, England

  • Freehold Price: £795,000  Price Reduced arrow_drop_down
  • Annual Turnover: £72,864
Seller Reference: 2226
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Business Description
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Seller Reference: 2226
Request Details
Business Description
Veritas Business Sales are delighted to offer for sale this delightful 10 Bedroom guest house which is located in the popular Cornish holiday town of Newquay. The business has been established for over 25 years and has been in the careful hands of our clients since 2003 and they are reluctantly offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have extended and continually refurbished and invested in new fixtures & 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. Gratton Lodge is family run, keeping standards high, offering comfort combined with friendly service and has an annual turnover of £72,864 with a GP of £63,029 (87%). The Lodge is ideally situated with the town centre and all beaches just a short walk away. Set in over half an acre of grounds with large south facing gardens. The heated swimming pool (summer months) is enjoyed by many guests. Couples and families are catered for, with garden rooms available, ideal for families, with direct garden access close by the swimming pool. All nine bedrooms are shower en-suite, with TV's, hospitality trays, clock radios and hair dryers. Breakfast is freshly cooked to order using only the finest local produce with a range of traditional full English, vegetarian or continental. We believe that there is further potential to increase trade should you wish as our clients operate at a gentle pace to suit their lifestyle and purposely only operate during the summer season to trade 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.
Trading hours:
Trades summer months only by choice
Is accommodation included?:
Kitchen (3.4m x 4.9m As described on page 3)Dining Room (4.4m x 3.8m)Lounge (6.5m x 3.3m)Bedroom 1 (4.7m x 2.6m) double en-suiteBedroom 2 ( 3.2m x 3.5m) double en-suiteBedroom 3 ( 3.5m x 3.6m) double en-suite
Location Details:
This outstanding and well respected 10 bedroom guest house is situated on one of the main through roads on the outskirts of Newquay town centre. Newquay is a town, civil parish, seaside resort and fishing port in Cornwall, England. It is situated on the North Atlantic coast of Cornwall approximately 20 miles (32 km) west of Bodmin and 12 miles (19 km) north of Truro. The town is bounded to the west by the River Gannel and its associated salt marsh, and to the east by the Porth Valley.
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