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THIS BUSINESS IS NOW UNDER OFFER

Freehold 6 Bedroom Guest House In Newquay For Sale

Newquay, Cornwall
Freehold Price:
£449,950
Find more details, or book a viewing:
Status
UNDER OFFER
Advert ID
192926
Reference
2087 / Rightbiz

Details

Freehold Guest House In Newquay, Cornwall For Sale
6 Guest Bedrooms (En-Suite)
Self-Contained Owners Accommodation
3 Star AA Rated
Ref 2087

Location

The Avalon Guest House enjoys a prominent location in the heart of the Newquay town centre and is just a stones throw from the beach, bars and restaurants. Newquay is one of Cornwall’s most popular holiday resorts best known for its surfing and glorious golden sandy beaches. The town offers easy access the A30, is just 8 miles from Newquay Airport and 13.5 miles from the Counties administrative hub, Truro.

Business information

Freehold £449,950
Turnover: £43,792 pa
Rates: Zero

Business Description

Veritas Business Sales are delighted to offer for sale this respected 3 storey Edwardian 6 bedroom guest house which is located in Newquay, Cornwall. The business was established by my clients 12 years ago which has been in their careful hands ever since and is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment, along with fixtures and 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 have to spent for some time. The business is very much owner operated requiring no staff and has an annual turnover of £43,792. Avalon Guest House offers 6 en-suite guest bedrooms on a bed & breakfast basis all of which have tea & coffee facilities, hair dryer and flat screen TV’s. The property benefits from gas central heating, double glazing, private gardens, wi-fi and customer parking. We believe that there is potential scope to increase trade by implementing a more vigorous advertising campaign than the current one and there is scope to increase tariff prices. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat bookings. 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 superb business is not to be missed. 

Ground Floor
Entrance porch
Lounge with feature fireplace
Dinning room comprising: tables with chairs for (14), various pictures and book case
Conservatory comprising: 4 chairs and coffee table
Kitchen comprising: fully fitted kitchen units and cupboards, dishwasher (Hotpoint), under counter fridge (Hotpoint), six ring cooker (Flavel), 2 x microwaves, toaster, stainless steel table, high recovery water tank.
Office with wardrobe, desk and chair
Owners bedroom with shower en-suite

First floor
Launcelot Double/Twin room with shower en-suite
Galahad Double with balcony and shower en-suite
Perceval Double room with shower en-suite
Bedevere Single room with shower en-suite
W/C hand wash basin

Second Floor
Tristan Double/Twin with shower en-suite
Gawain Family room with private bathroom

External
Front carpark for (6)
Rear courtyard & garden




Seller Details
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Listing Details
Freehold Price: £449,950
Tenure: Freehold
Sector: Bed And Breakfast, Lifestyle Businesses, Commercial Properties
Financials
Annual Turnover: £43,792
Annual Net Profit: Available upon request
Key Features
  • Close to Local Amenities
  • Home Based
  • Attractive Business
  • Retirement Sale
  • Potential for Alternative Use
  • With Accommodation
  • Established Business
  • With Car Park
  • Prime Location
  • Town Centre location
  • Fully Fitted
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