14 bedroom hotel for sale

Victoria Road, Camelford, PL32

£450,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

SUPERB 12 LETTING ROOM HOTEL - CORNWALL
Situated in the beautiful town of Camelford
Early viewing is highly recommended
Advised annual turnover of 40,000
Spacious owners' accommodation
Ideal husband & wife partnership
Scope for further development
Genuine reason for sale
FREEHOLD


Location

This superb hotel enjoys a prominent trading location on the Eastern side of the town of Camelford, is set back from the road and enjoys high prominence and visibility for passing trade.

Camelford is an attractive and historic town situated on the River Camel and just a few miles from Bodmin Moor, is nearby to several attractive harbours, such as Boscastle, Port Isaac and the North Cornish coastal beaches of Polzeath and Rock, making this an extremely desirable area in which to holiday.

The town itself is serviced with a number of small national and niche retailers, has primary and secondary schooling and is generally considered a very pleasant town in which to live and work.


Business History

Meridian Business Sales are delighted to offer to the market this excellent 12 letting room hotel which has been established circa 1900's and has been in the careful hands of our clients since 1992.

Our clients are reluctantly offering the business to the market due to an unfortunate break up in the partnership. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business.

Our clients inform us that annual turnover currently runs at 40,000 which is derived from providing welcoming and well presented bed & breakfast facilities to all who wish to visit.

The hotel is extremely popular due to its location in the business district and its forward bookings run well into 2012. 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 businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 40,000pa
Stock approximately: 1,500


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Well presented 4 storey property, briefly comprising of:

Secure entrance leading to: Guest Lounge: 7.33m (into bay window) x 4.20m, window to side elevation. An attractive room with feature fireplace. Doors into bar area.

Bar: 4.04m x 2.54m, bar servery with shelving for various products. Games Room: 4.17 m x 2.65m.

Dining Room: 7.03m (into bay window) x 4.46m, set up for 24 covers. Overflow Dining Area/Office: 4.15m x 3.02m.

Kitchen: 5.44m x 3.32m, 6 ring gas cooker with double oven below, second kitchen area 4.32m x 1.98m, freezer/dry store.

FIRST FLOOR - Owner's Accommodation: Living/Bedroom: 5.01m x 3.64m. Bedroom one: 3.49m x 3.09m built in wardrobes. Bathroom (with shower), low level WC and wash hand basin. Bathroom (with shower over), low level WC and separate WC, window to rear elevation.

Bedroom One (Double, Bedroom Two (Twin), Bedroom Three (Double) with interconnecting door to: Bedroom Four (Single), Bedroom Five (Family) en-suite shower, Bedroom Six (Double/Family Room) NB: This room is currently not used for letting purposes and is used by our client as a general store, however, can revert with ease.

SECOND FLOOR - Bedroom Seven (Single/Double), Bathroom: Bath. With wall mounted hand basin, separate Ladies and Gents WC's. NB: Note this bathroom is for use for room numbers Seven, Ten and Twelve.

Bedroom Eight (Double) en-suite shower, Bedroom Nine (Twin) en-suite shower, Bedroom Ten (Single), Bedroom Eleven (Family) en-suite shower, Bedroom Twelve (Double).

OUTSIDE: To the rear of the Kitchen area, a Laundry Room, with commercial washer and dryer and WC. Bottle Store/Shed: With light and water. Cellar: 6.23m (approx) x 4.23m (approx). Car park for up to twelve vehicles, lawned garden area with shrubs, trees and greenhouse.

Nearest station

  • Bodmin Parkway (12.3 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

How much will it cost me to call the number displayed on the site?

The cost of your call will vary depending on your landline or mobile phone provider and the number called. Please check with your network provider for potential costs.

Disclaimer

Property reference 2898. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.