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Immaculate Historic B&B Near Lostwithiel, Cornwall - Viewing Recommended - For Sale

Lostwithiel, Cornwall
Asking Price:
£637,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£65,000
Net Profit:
Available on request

A luxurious and highly successful B&B centrally located in Cornwall making it just as easy to reach both the south and north coasts of this stunningly beautiful county. All major tourist attractions are within easy reach and attract a wide variety of guests, especially as the business provides personal tours of several attractions close-by provided by a very knowledgeable and local tour guide. The business also benefits from all-year round bookings due to wedding venues close-by and business people working in the area.

There is enormous scope to increase both turnover and profits in the winter by marketing the property to take advantage of Bodmin Moor's recent status as a Gold standard Dark Sky Park which will attract visitors out of season. The Old Chapel B&B is on the edge of the buffer zone for the park.

This business can be easily run by couple looking for a very profitable business. The property does not require any further investment in the building as everything has been refurbished / renewed in the last 3 years including a complete new roof and the addition of 19 solar panels providing free electricity during the day (dependent on weather). No expense has been spared by the owners to make this B&B the most luxurious and contemporary property in Cornwall to ensure guests' have the most comfortable stay. Extremely high quality Hypnos mattresses ensure guests have a great nights sleep.

Currently the business has the highest award the AA can give which is a 5 Star Gold with Breakfast Award and has reached No 2 on TripAdvisor.

The guest accommodation comprises of 4 letting rooms, 3 with ensuite shower rooms and 1 with a private bathroom. All rooms are beautifully designed in a modern style with all the amenities a guest needs. All the guest rooms are on the first floor with the self-contained owners accommodation on the ground floor, comprising of a double bedroom, bathroom and very large lounge with wood burner, plus office.

There is an easily maintained good sized well stocked garden with guest seating area and stocked pond. There is private parking for 7/8 cars on the block paved driveway.

The business' USP is its location to all major attractions in the area, the scope to extend winter trade further, and the tour guide who provides tours of several local attractions at preferential rates to guests.

This is a stunningly presented property providing an excellent income and significant potential.

Further information available upon request, please contact seller below for more details.

Property information

Property:

Freehold

Living Accommodation:

Large lounge, double bedroom and separate shower room in a self-contained area on the ground floor.

Location:

Prominent location in a beautiful Cornish village.

Premises Details:

Business is located in a former Victorian Wesleyan chapel and Sunday school rebuilt in 1883.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

Nearby Bodmin moor has recently be awarded Dark Sky Park status which means the business will see an increased winter trade.

Reasons for selling:

Retirement

Employees:
None
Years established:
32 years

Other Information

Support & training:

Explanation of how the business runs, practical training on day to day operation of the business.

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£1,500 - included in the asking price
Website:
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Home based:
This business can be run from home.

Contact Seller

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