Summary
- Asking price:
- £495,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- £160,000
- Cash flow:
- £50,000
- Years established:
- Current Owners 3 Years - Has been in Operation for Twenty as Hotel Bar & Restaurant
- Employees:
- Minimal Part Time
Wheal Tor
1/5
Main House Bar & Restaurant
2/5
Views from Front
3/5
Bar & Restaurant
4/5
Accommodation Room
5/5
Business description
This is a once in a lifetime opportunity to purchase this unique life style business and escape the rat race - This is a well established business already trading successfully with good profits , you can purchase now and move in and start trading the same day.Excellent rural location drawing on both local and tourist trade , the highest Inn in Cornwall at 998ft in a totally unique setting yet still only ten miles from both major trunk roads into Cornwall.Well established trade within Bar & Restaurant and Accommodation with huge potential to increase profits.Originally a mine Captains house the property currently now operates as an all year round (minimal hours in Winter) B&B with Bar & Restaurant giving fifty internal covers and twenty plus outside. It also has function room facilities , fantastic owners accommodation and a detached three bedroomed cottage (Currently on a short term let) which could be used for holiday accommodation , rental or just to live in.This is a truly fantastic chance to buy an extremely unique and flexible business for a very reasonable price.
Property has Eight Double En suite letting Rooms - Licensed Bar & Restaurant (50+Covers) - Commercial Kitchens - Three Bed Owners Accommodation - Three Bed Detached Cottage - Function Room - 21/2 Acres Gardens - Highest B&B in Cornwall - Excellent Turnover - Huge Potential to Increase Turnover - Unequalled Views - Life Style Business - 1000Ft on Bodmin Moor - Successfully Trading now with good profits
Property information
- Property:
- Freehold
- Living accommodation:
- The property has a seperate Three Bed Flat above the Bar & restaurant with Kitchen - Bathroom and huge front room with unequalled views .
A detached three bed cottage with Kitchen - Bathroom - Reception and Conservatory - own Gardens
- Location:
- Wheal Tor is located in South East Cornwall Five Miles from the market town of Liskeard - The property is is equidistant from both major trunk roads into Cornwall approx ten miles from both . Excellent trading from both local and tourist / visitors.
Set in a very rural location 1000ft high on Caradon Hill on the edge of Bodmin Moor reached by its own meandering track across the moor.
- Premises details:
- Wheal Tor currently operates as a Bar & Restaurant with B&B Accommodation - It has fantastic three bed roomed owners accommodation - Three Bed roomed Detached Cottage - Bar & Restaurant with 50 Internal Covers 20 External - Fully fitted commercial kitchens - Eight En Suite Double Letting Rooms (One is a family Suite) Large Function Room - ground / Gardens extending to 2 1/2 acres woodland / garden
Other information
- Expansion potential:
- Wheal Tor is currently run by a couple - using minimal staff and running seven days a week in the Summer and Four in the winter months ( Though accommodation is open all year) Expansion potential is huge - the property has massive owners accommodation the upstairs rooms where originally used as another restaurant which could provide up to another 40 internal covers.
- Competition / Market:
- We draw our custom heavily on location there are no other licensed properties that have views and settings such as this - guest who stay are very impressed with the area and location. There are minimal Bar & Restaurants in the area .
- Support & training:
- Have to give any Support & Training as required
- Trading hours:
- April 1st - October 31st -Tuesday -Sunday 1200 midday to 1100PM
November 1st - March 31st Thursday , Friday , Saturday , Sunday 1200 - 1100PM
- Website:
-
www.whealtor.co.uk
- Related documents:
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Contact the seller
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