Delightful Guesthouse In Popular St Ives Seaside Resort For Sale

Business description

This guest house is located in St Ives which is a popular coastal town with spectacular harbour and coastal views.
The business has 7 lettable rooms and some with jaw dropping views. Six of the rooms have their own shower
rooms and toilet.

This successful seven bedroom guest house has lots of character with its own separate 1 bedroom owners accommodation with lounge office. An exciting opportunity to acquire this home investment character property located in a popular and sought after coastal town of St Ives in West Cornwall. This guesthouse could give any potential buyer an attractive lifestyle change.

Features at a glance,
* A character property
* Popular seaside town location with stunning views
* Seven Bedroom Guesthouse
* Separate one bedroom owners accommodation

LOCATION
This is a confidential sale of a guest house situated in a popular holiday destination town in West Cornwall. The town has restaurants, shops and beaches is easily accessible being only a short walk from the guest house.

THE BUSINESS
The business is run by a husband and wife team who are wishing to retire and who will be sad to leave this home/business after thirteen years working their established guesthouse. The business deliberately stays below the VAT threshold.

The town has always been a very popular holiday destination for families and couples all year round. The existing owners have previously included within their tariff evening meal which was well used but due to tax reasons have stopped this option. Any new purchaser may wish to offer this meal again as it was popular for those guests who wanted the convenience to dine in of an evening.

ACCOMMODATION
The guest house has an easily manageable 7 bedrooms which have the added benefit of all having their own shower and toilet. Each bedroom has its own tea making facilities and a digital television with some rooms having space saving flat screens.

GROUND FLOOR
Breakfast Room- 18' x 13.5' (5.5m x 4.1m)
As you enter the property through the front door into the reception area, to the left is the breakfast room with a bay window with views over the town and harbour. This room is airy and accommodating with tables and chairs that covers up to twelve guests.

OWNERS LOUNGE- 12' x 12.6' (3.65m x 3.84)
There is a screened with folding doors separating this room and the breakfast room. The owners lounge has a fire place with surround. During the winter months the lounge is opened up for when family and friends stay.

KITCHEN- 19' x 9.5' (5.8m x 2.9m)
To the rear of the property is a delightful kitchen used as domestic and commercial. In the kitchen there is a rangemaster with 4 hobs and hot plate and two ovens. There is a pantry with a big and small upright fridge and a stand alone freezer. An inventory will be made available to all those interested properties detailing what will be included within the sale.

STORE ROOM/ UTILITY/ SHOWER/ TOILET
This room is situated off the kitchen and is used for storage purposes and used as the laundry room for the business. Separate door leading to recently refurbished shower room for the private accommodation.

BASEMENT- OWNERS BEDROOM- 16.4' x 14.6' (4.99m x 4.45m)
A good sized owners bedroom with a good size window. To the side there is a separate area utilised for storage purposes. There is also a small door to front of the house accessed from here.

FIRST FLOOR- (All Measurements are approximate)

BEDROOM 1- 10.8' x 11.5' (3.3m x 3.5m) & 12.1' x 7.9' (3.7m x 2.4m)
Family room made as two separate rooms with separate shower ensuite

BEDROOM 2- 8.8' x 9.8' (2.67m x 3m)
Double bed shower toilet and double doors leading to an outside area.

BEDROOM 3- 12.8' x 9.2' (3.9m x 2.8m)
Double room with shower ensuite and stunning views over harbour and town.

BEDROOM 4- 8.5' x 8.9' (2.6m x 2.72m)
Single Room with magnificent views over the town and harbour and sea. Separate shower and toilet in room.
Ideally positioned table and chair to absorb the view.

2nd FLOOR
BEDROOM 5- 12.1' x 9.8' (3.7m x 3m)
Double room with its own balcony and shower and toilet.

BEDROOM 6- 10.8' x 12.1' (3.3m x 3.7m)
This double room is in the roof space with beams on show. The room has sea views and has table and chairs
and dressing table.

BEDROOM 7- 7.2' x 6.2' (2.2m x 1.9m)
This is the smallest of the rooms and is presently used for storage purposes but could be used as a single bedroom.
All the rooms have seen much improvement over recent years to keep the standards at a good level that guests come to expect. The present owners have established a good reputation throughout the town and get a lot of recommendations that have come from the local community. In recent years the owners have upgraded the fire alarm system and have rewired the property.

GARDENS
The gardens are a delightful feature of the property which are presently used by only the owners with the benefit of
two garden sheds. Access to the garden can be gained from the guest house through the owners accommodation. From the property you go up some steps to get to the garden/ patio area. Then you can go up further steps to a further patio area with a water feature where the views are just stunning. There is a garden shed at this tier used for storage of tools etc. Adjoining properties have developed their properties to the rear to add more floor space which could also be done to this property subject to the necessary permissions.

STAFF- The present owners presently do all the work between them and have no need to employ any staff.

PARKING
To the front the property benefits from parking for one car, the owners do presently rent a further space which could be passed on to any future owners.

FIXTURES, FITTINGS AND EFFECTS
Normal fixtures and fittings with this type of business are included in the sale and an inventory of trade fixtures and
fittings will be supplied to interested parties.

BUSINESS RATES
The owners are receiving small business tax relief at present and in April 2009 were paying £950 pa for the Business rates and £720pa for Council tax.

ACCOUNTS
Profit and loss accounts will be provided by the owners to any seriously interested purchasers following an initial
viewing of the business.

REASON FOR SALE
The present owners have run this guest house for thirteen years and are now approaching retirement age. They have
enjoyed their years as proprietors but now feel the time is right to retire. There is no onward chain for this property
and the owners can be flexible to accommodate any new purchasers.

Energy Performance Certificate- We believe that this has been instructed and will be uploaded to the details when
completed.

Property information

Property:

Freehold