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Hotel and restaurant with 12 letting bedrooms located on 3 acres in Cornwall for sale

Undisclosed, Cornwall

CONFIDENTIAL

  • Leasehold: £335,000
  • Turnover: £1,200,000 (£23,077 per week)
  • Profit: £150,000 (13% Profit margin)

Business Details

Extremely Profitable High Turnover Hotel, Restaurant & Public House With 12 Letting Bedrooms

A highly profitable and extremely high turnover hotel, restaurant and public house, occupying substantial and impressive detached landmark premises and set in around 3 acres of grounds. Run completely under management, this is an extremely popular and well-regarded hospitality business, which is presented to an extremely high standard throughout having been the subject of extensive refurbishment and investment by our clients. The business thrives on its reputation both locally and regionally and this impressive and high quality multifaceted business briefly comprises:- Impressive Restaurant, Bar  and Function Room (120 ), 12 Ensuite Letting Bedrooms, and Commercial Catering Kitchen with extensive back up facilities. The spacious self-contained 3 Double Bedroom owner’s accommodation has a private garden area. Externally, the business stands in a highly prominent trading position and boasts extensive grounds which extend to around 3 acres incorporating approximately 200 parking space and external terraced seating areas for around 60 customers. The sale offers an opportunity to purchase an extremely well-regarded business with significant levels of trade and substantial six figure net profits, with opportunities for both hands-on owner operators or investors looking for impressive returns, with the business currently being operated under management/staff and offering potential for further growth.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Extremely Profitable High Turnover Hotel, Restaurant & Public House With 12 Letting Bedrooms - 4886 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.