22 bedroom hotel for sale

The Crescent, Newquay, Cornwall, TR7

Guide Price £799,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A4 Drinking Establishments and C1 Hotels

Key features

  • Established business
  • Repeat bookings
  • High turnover business
  • Prominent town centre location
  • Scope to increase food trade

Full description

Tenure: Freehold

Freehold (Licenced) 22 en-suite Bedroom Hotel with separate 1 Bedrooms owners apartment in Newquay, Cornwall For Sale
Ref 1054

Location

The Minerva hotel enjoys this prominent location by being situated in the heart of the town just a stones throw from the beach overlooking new bars and restaurants with stunning sea views. 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: 150,000

Business Description

Veritas Business Sales are delighted to offer for sale this respected 22 bedroom hotel. The business has been established for over 60 years and has been in the careful hands of our client for the last 10 years. The owner is reluctantly offering the business for sale but is now looking to do something different. 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 150,000 trading only 9 months on B&B basis with a very small amount coming from bar sales. The Hotel is currently owner operated and assisted by casual staff when required. 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. This character 3 storey property enjoys stunning views of the Atlantic ocean which is a just stone throw away. 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
Entrance porch
Reception/Lounge with pool table, sofas and TV
Lounge with bar servery and gas coal effect fire
Breakfast/dining room with seating for 36
Commercial kitchen comprising: 6 burner commercial oven, extractor hood, grill, double fat fryer, hot cupboard, fitted units, wash up area with 2 x sinks and dishwasher
Dry stores with fridges & freezers
Laundry room
Boiler room
Tea/coffee/condiments stores
Owners accommodation
Kitchen
Lounge/office
Double bedroom with walk-in wardrobe and shower en-suite

First floor
Room 1 Double room with shower en-suite
Room 2 Twin room with shower en-suite
Room 3 Double room with adjoining twin room with shower en-suite
Room 5 Family room with shower en-suite
Room 6 Family room with shower en-suite (sea view)
Room 7 Single room with shower en-suite (sea view)
Room 17 Double room with adjoining single room with shower en-suite
Room 18 Family room with shower en-suite
Room 19 Family room with shower en-suite (sea view)
Room 20 Double room with wash basin
Bathroom
Linen stores

Second Floor
Hallway with linen storage cupboards
Room 8 Single room with wash basin
Room 9 Double room with shower en-suite (sea view)
Room 10 Twin room with shower en-suite
Room 12 Double room with adjoin room with bunk bed and shower en-suite
Room 14 Family room with shower en-suite
Room 15 Single room with wash basin
Room 16 Family room with shower en-suite
Room 21 Twin with shower en-suite
Room 22 Twin with shower en-suite
Room 23 Family room with shower en-suite
Room 24 Double room with shower en-suite (sea view)
Room 25 Single room with wash basin
External

Front car park for 6 vehicles
Rear single garage

Nearest stations

  • Newquay (0.4 mi)
  • Quintrell Downs (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

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

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Newquay (0.4 mi)
  • Quintrell Downs (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

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

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 1054. 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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