Asking price: £500k < 1m

Sales revenue: £84,500

Net profit: £40,100

Fixtures value: £50,000

Stock value: Undisclosed

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.

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.

Related website: www.bonnicott.com/