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Guest House for sale

Base Surf Lodge, 20, Tower Road, Newquay


Property Description

Key features

  • EPC (C)

Full description

A Very Well Presented 5 Bedroom Surf Lodge with 1 Bedroomed Owners Apartment in the Popular Coastal Resort of Newquay.

Benefitting from both a guest house and HMO License, the business trades as a surf lodge during the summer season and as an HMO during the winter months.

Location - The resort of Newquay is situated on the north coast of Cornwall and is widely acknowledged to be one of the UK's most popular surfing destinations, attracting hundreds and thousands of visitors each year.

Property - A substantial four storey mid-terrace property enjoying far reaching sea views from many rooms.

Arranged over four floors, the accommodation comprises five bunk rooms sleeping 22 to 24, a one bedroomed owners' apartment, breakfast/dining room and rear garden.

The Business - The business benefits from both a Guesthouse Licence and an HMO Licence and operates as a Surf Lodge during the summer season with rooms then rented to individual tenants during the winter months.

Trading accounts for the year ending 31st December 2015 show a turnover of £40,614 with an impressive 96% gross profit margin and an adjusted net profit of £23,212, (after making the usual adjustments for motor expenses, finance charges and depreciation.

The Accommodation Comprises - (all areas and dimensions are approximate)

Ground Floor -

Entrance Porch - Half glazed door into hallway, stairs to upper floors and lower ground floor, doors to:-

Room 4 - 4.698m into bay x 4.084m. Bunk room which sleeps 6, large bay window to the front elevation with sea views, radiator.

Room 5 - 3.60m (max) x 3.484m. Bunk room which sleeps 4, window to the rear elevation, radiator.

Bathroom - Refurbished approximately 2 years ago and comprising 2 shower cubicles with mains showers, wc with window to rear, corner wash hand basin.

First Floor -

Room 1 - 3.402m x 1.844m. Bunk room for 2, window to front elevation with sea views, radiator.

Bathroom - Refurbished approximately 2 years ago and comprising 2 shower cubicles with mains showers, wc with window to rear, 2 wash hand basins with mirror over, ceiling spot lights.

Room 2 - 4.610m into bay x 3.277m. Bunk room for 6, large feature bay window with sea views, radiator.

Room 3 - Bunk room which sleeps 4, window to side elevation, radiator.

Second Floor (Owners' Accommodation) -

Landing Area - Velux style window and doors to:-

Lounge - 4.728m x 3.400m. Large feature bay window with sea views, radiator.

Kitchen - Window to front with sea views, single stainless steel sink drainer with base units below, wall units, free standing cooker.

Double Bedroom - 4.75m into bay x 3.349m. Large feature bay window with sea views, radiator.

Bathroom - Bath with mains shower over, vanity wash hand basin, close coupled wc, heated towel rail.

Basement - 6.832m plus bay x 5.370. Built-in feature bar/servery with kitchen area behind.

Kitchen Area - Single stainless steel sink unit with range of base units, 4 ring gas hob with extractor over, double glass front drinks chiller, corner hand sink. Built-in seating area for 12, free standing seating for 8 and bar style seating for 3 guests, window to front elevation and door giving access to Tower Road.

Rear Lobby -

Mens Wc -

Door giving access to:-

Back Garden - Paved area with picnic benches and raised beds. Brick built store room and timber built wet suit and board store. Gate giving pedestrian access to rear.

Tenure - Freehold.

General Information - LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151

Energy Performance Certificate - The Energy Performance Rating for this property is within Band C.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates - We refer you to the government website

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock - To be taken at valuation.

Superfast Broadband - For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information - For further information or an appointment to view please contact either:-
Graham Timmins on 01872 247019 or via email or
Paul Collins on 01872 247029 or via email or
Beverley Northey on 01872 247031 or via email

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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