Five Star Luxury Guest House For Sale - Lynmouth, Devon, United Kingdom

Asking price: £650,000

Sales revenue: £84,500

Net profit: £40,100

Fixtures value: £40,100

Business description: Sale price REDUCED for quick sale, due to family crisis. Stunning sea views from the centre of Lynmouth village close by the harbour and sea shore.

Years established: 3.5

Employees: 1 part-time

Trading hours: 10 months of the year.

Property : Freehold

Living accomodation: One bed with sea view, lounge with sea view, private bath/shower/WC and large combined private/commercial kitchens.

Location: Centre of the village 150 yards from the sea front with concessionary parking car park opposite

Expansion potential: Tea gardens are ready for Spring 2008 opening. The building envelope lends sitself to the creation of one or two additional suites.

Competition / Market: Lynmouth is a historic collective of shops, pubs, restaurants and accommodation providers with no space or opportunity for new competition.

Support & training: Handover of 2 weeks full-time training on a live-in basis at no charge.

Reasons for selling: Family crisis in Kent that requires immediate relocation.

This business for sale has a website: www.bonnicott.com/

Related documents:  Enquiry information document