Freehold 4 bedroom Bed & Breakfast located in East Looe, Cornwall. Comes with owners accommodation and on site parking. TripAdvisor 5 star rating.
Veritas Business Sales are delighted to offer for sale this respected 4 bedroom Bed & Breakfast which is located in East Looe. The property has been operating as a Bed & Breakfast for over 30 years and has been in the careful hands of the current owner for the past 6 years. Reluctantly the business is now being offered for sale so that they can enjoy a well deserved retirement.
The guest house is kept to a very high standard and since ownership they have continually refurbished and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Meneglaze Bed & Breakfast is owner operated with the help of 1 part time member of staff and has an annual turnover of circa £50,000. Room tariffs range from a double or twin room en-suite £95 in the peak season and £70 in the low season. All prices are per room per night on B&B basis and all rooms are en-suite and benefit from gas fired central heating, colour TVs, Wi-Fi and complimentary tea & coffee making facilities. On offer in the morning is freshly cooked English breakfast cooked to order using only the finest locally sourced produce, alternatively there is a vegetarian or continental option.
The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade from visiting tourists. 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 gem is not to be missed.
