Hotels and Motels for sale in Cornwall

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28 Bedroom Hotel Located On Cornwall's North Coast

Cornwall, England

  • Freehold Price: £1,399,000
Seller Reference: 2138
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Business Description
Seller Reference: 2138
Request Details
Business Description
Veritas Business Sales are delighted to offer for sale this established 28 bedroom hotel located on Cornwall's North coast. The business has been established for many years and has been in my clients careful hands ever since. Reluctantly they are now offering the business for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with 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. The hotel is owner operated and employs the help of 3 full time and 7 part time members of staff and has a healthy net profit. The Hotel stands in half an acre of its own grounds and has 26 en-suite bedrooms and 2 single rooms with shared bathroom facilities. Many of the rooms enjoy stunning sea views and benefit from gas central heating, colour TVs, Wi-Fi and complementary tea & coffee making facilities. Room tariffs range from £70.00 to £95.00 for a double room per night on a B & B basis. The hotel also benefits from a large outdoor heated swimming pool with generous patio and lawns allowing the guests plenty of space to relax We believe that there is further potential to increase trade as the current owners choose to close on the 10th December and do not re-open until 30th March. Should any new purchaser wish to increase turnover and open all year round there is definitely lucrative trade to be had in that period. 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 visiting tourists. This is a superb opportunity to purchase an established 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.
Is accommodation included?:
Lounge Dining room Bathroom Kitchen Double bedroom
Location Details:
Located on Cornwall's North coast
Listed by:
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