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Beautiful Hotel with Bar and Restaurant set in 2.5 acres on Bodmin Moor *Tremendous Potential*

Bodmin, Cornwall
Freehold Price:
£575,000
Status
FOR SALE
Advert ID
256299
Reference
hotelcornwallKS5 / Rightbiz

*£575,000 PLUS SAV* 

*TREMENDOUS OPPORTUNITY AND POTENTIAL* 

City Business Brokers are delighted to welcome to the market a well-established, beautiful Hotel, Bar and Restaurant, with a separate cottage, set in 2½ acres in an area of natural outstanding beauty and a World Heritage site.

Close to the tourist towns of Looe, Liskeard and St Austell with a fabulous beach and sea just 20 minutes away.

The Hotel has 9 rooms, 7 Hobbit- type houses in the grounds and 2 x 6-person chalets.  The Hotel also enjoys up to 9 weddings a year and several stag and hen parties. 

The Business turnover amounts to over £200000 per annum and has genuine growth potential.

In the summer period the business expects to achieve maximum capacity of 70 bookings per night.

There is real potential to build more accommodation in the extensive grounds which should increase the occupancy per night in peak times by at least 25%.

The cottage could be Sale by Private Treaty or, indeed, if the Buyer only wants the Hotel the present owners would rent the cottage as a holiday let.

The owners’ flexible approach must be seen as a real positive for onward discussions.

This is a genuine retirement sale.  The business comes complete with tremendous goodwill, loyalty from customers and fantastic growth potential.

Listing Details
Freehold Price: £575,000
Tenure: Freehold
Location: Bodmin, Cornwall
Sector: Restaurants, Venues, Bed And Breakfast
Financials
Annual Turnover: £200,000
Annual Net Profit: Available upon request
Key Features
  • Price Reduced
  • Retirement Sale
  • Fully Fitted
  • Established Business
  • Unique Business
  • Offers Invited
  • With Car Park
  • With Accommodation
  • Attractive Business
  • High Turnover
Contact Agent
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Advert Reference: hotelcornwallKS5 / Rightbiz

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