Fully Renovated Victorian Guest House

Falmouth, Cornwall
Price: £ 875,000
business for sale
Seller Reference: kbs 141746
Asking Price: £875,000
Net Profit:
Sales Revenue: £104,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

The guest house occupies an historic, property situated in a stunning location just back from the sea front. The majority of the rooms are large and three have their own private south facing balcony providing panoramic views over the bay. All of the rooms are en-suite and have free Wi-Fi access for guests. The property has extensive and well tended gardens complete with table and chairs for guests to just sit back and relax and is described in the Lonely Planet Guide as ‘Falmouth’s best kept secret’.

The property has been extensively renovated and updated ready for the new 2013 season. New additions include two further ground floor bedrooms and several other bedrooms have been completely re-decorated and re-fitted. The property also has a new breakfast room with new furniture and bright, contemporary decor. In addition, the entrance and stairway has been completely updated including detail lighting.

The guest house has been extensively upgraded to a very high standard to incorporate modern comforts, whilst still retaining its original character and charm and also providing a quiet and homely atmosphere. The guest house has been awarded 4 Stars by the English Tourism Council reflecting the comfort, cleanliness and quality of service and is also featured in the Michelin Guide.

The guest house, in addition to being a stunning house and business, has options to be a high class home being one of only five south facing sea view guest houses currently in the resort. In addition to this there is also the potential to become a high class student accommodation and rentals would attract in excess of £3,500/month subject to planning application.

Falmouth, WT �£2,000, Adj Net �£30,758 (Based on 8 months trading), 10 en-suite bedrooms, South facing sea views, Extensive mature gardens, Separate annexe accommodation, Stunning Freehold property, EPC rating C, Viewing essential, Bus & Prop �£875,000...

Property Infomation

  Property: Freehold
 
  Living Accommodation: Yes

Other Details

  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No