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13 bedroom hotel for sale

Alexandra Road, Newquay, Cornwall, TR7

£799,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and C1 Hotels

Key features

  • Established business
  • Over 100k turnover
  • Well presented
  • Fabulous views over Porth Bay
  • Planning permission to extend
  • Possible re-development site
  • Genuine retirement sale
  • Priced to sell
  • Rare opportunity

Full description

Tenure: Freehold

Freehold (Licenced) 13 en-suite Bedroom Hotel with separate 3 Bedrooms owners accommodation in Porth Bay For Sale
4 Star AA rated
Ref 1053

Location

Porth Bay is situated on Cornwall's north coast and provides an excellent base for those wishing to visit the very many attractions which Cornwall has to offer. In addition to the wonderful sandy beach at Porth Bay there are nearby many of the county's finest beaches and for those who enjoy walking the hotel is situated on the Cornish coastal footpath route.
Newquay is one of the nation's favourite seaside towns, exudes the laid back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort - all wrapped up in the most fantastic coastal scenery.

Business information

Freehold 799,950
Turnover: 101,618
Gross Profit:75,496

Business Description

Veritas Business Sales are delighted to offer for sale this superb 13 bedroom hotel. The business has been established for over 20 years and been in the careful hands of our client for nearly 10 years. The owner is reluctantly offering the business for sale but is now due a well earned retirement. Since purchasing the business our clients have continually invested in new equipment, along with fixtures and fittings which are all brought and paid for and included within the sale price which means any new purchaser will not have to spend any additional funds for some time. The business has an annual turnover of 101,618 with a gross profit of 75,496.The Hotel is currently owner operated and assisted by 2 full time and 3 part time members of staff. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is heavily reliant on the many visiting tourists. The hotel in the past has opened the restaurant for evening meals for both guests and non-residents and clearly there is scope if so wished to considerably increase the current level of turnover by extending the catering operation and perhaps offering morning coffees, light lunches and afternoon teas. Plans have been passed to extend the owner's accommodation which would create additional space at first floor level, from which there would be wonderful views over Newquay Bay. 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
Reception hallway with reception desk
Ladies W/C
Gents W/C
Office
Catering kitchen (fully equipped)
Bar & Guest lounge
Dining room
Linen stores

Guest rooms
Room 14 Single room with bath en-suite
Room 1 Double room with shower en-suite
Room 2 1 Double room with shower en-suite

Owners area
Lounge
Bathroom
Master bedroom with shower en-suite
Double bedroom
Double bedroom (currently an office)

First floor
Room 3 Twin room with shower en-suite
Room 4 Double room with shower en-suite
Room 5 Double room with shower en-suite
Room 6 Double room with shower en-suite
Room 7 Twin room with shower en-suite
Room 8 Family room with shower en-suite
Room 9 Double room with shower en-suite (Sea view)
Room 10 Double room with shower en-suite (Sea view)
Room 11 Luxury Double room with bath en-suite (Sea view)
Room 12 Double room with shower en-suite (Sea view)

External
Stone built bin stores
Garden with wooden potting shed & Summer house (beautiful views over Porth Beach)
Garage/laundry room
Carpark for 15 vehicles


Map & Street View

Disclaimer - Property reference 1053. 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 VERITAS BUSINESS SALES LTD, Solihull. 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.

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