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Freehold 8 Bedroom Hotel Located In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£1,399,999 Furniture / Fixtures included
Sales Revenue:
£140,000
Cash Flow:
Available on request

Freehold Detached 8 bedroom Hotel Located In Newquay. Three bedroom owners accommodation. Panoramic views of the Atlantic Ocean. Turnover £140,000. Possible development site. Retirement sale.

Veritas Business Sales are delighted to offer for sale this delightful 8 Bedroom hotel which is located in the popular Cornish holiday town of Newquay. The business has been established for over 20 years and has been in the careful hands of our clients since 2013 and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership the property has been extended, refurbished and continual investment has been made on new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Kallacliff Hotel is owner operated, with the help of 2 full time & 2 part time members of staff and has an annual turnover of circa £140,000. All 8 bedrooms are kept to a very high standard and benefit from shower en-suite, flat screen TV’s and tea & coffee making facilities. On offer in the morning is freshly cooked English breakfast cooked to order using only the finest locally sourced produce, alternatively there is a vegetarian or continental option
We believe that there is further potential to increase trade should you wish by promoting the restaurant more for evening meals and maybe serving food to none residents. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Property Information

Property:

Freehold

Living Accommodation:

Ground Floor
Owners Accommodation
Apartment 1
Lounge (3.2m x 5.8m)
Double bedroom (2.9m x 4.2m) with bath & shower en-suite (2.9m x 2.3m) Apartment 2
Lounge/dining/kitchen (2.6m x 5.7m)
Double bedroom (2.7m x 4.4m) with shower en-suite (2.4m x 2.0m)

Location:

This delightful Freehold 8 Bedroomed Hotel is located in Newquay, Cornwall. Positioned on a cliff top with breath taking panoramic views of the Atlantic Ocean and the coastline of Trevose Head. Ideally situated for walks along the renowned coastal path, which offers miles of scenic sea and country views. For those who prefer to relax by the sea, Lusty Glaze Beach, with its beautiful sandy cove is directly in front of the Hotel with Porth and Tolcarne beaches on either side. Newquay is one of the nation's favourite seaside towns, perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort all wrapped up in the most fantastic coastal scenery.

Premises Details:

Ground Floor
Entrance hall (3.9m x 2.2m) with side board and Cornish tourism leaflet stand.
Hallway (6.8m x 4.5m) with bookcase, side board with doors and draws and wall mounted mirror.

Lounge (4.6m x 5.5m) with ornamental fire place, 4 armchairs, wall mounted TV (Samsung), 2 coffee tables and drinks fridge (Prodis).
Reception with various shelving, wine rack, bar facilities, electronic cash register, stool, various pictures and computer.
Restaurant (7.6m x 9.2m) comprising: 11 tables and chairs with covers for (22), 2 shelving units, 2 toasters, cabinet, granite work surface, granite bar area, chest freezer (LEC), electronic till Sharp), espresso coffee machine (Iberital), coffee grinder, ice cream fridge, upright drinks fridge, under counter fridge, shelving unit, coffee machine, air cooler (igenix), various wall mounted pictures, glass display unit, 6 chairs and coffee table.
Kitchen (3.5m x 3.6m) comprising: fitted kitchen with wall and floor cabinets, 2 basket fryers, sink with drainer, 4 pot bain-marie, (Lincat), 6 ring cooker (Kenwood), wall mounted salamander grill (Lincat), microwave (Panasonic), microwave (Electric), toaster (Breville), kettle, upright freezer (Vestfrost), upright fridge and wash basin.
Pot wash area (3.3m x 3.2m) comprising: sink with drainer and directional hose, dishwasher (Hot Point), hot water dispenser and wall and floor fitted cupboards.
Laundry room (4.4m x4.6) comprising: various shelves, large book case, 2 washing machines (Logik), washing machine (Candy), washing machine (Indesit), rotary iron (Miele), upright fridge (Beko) and large upright two door freezer (Polar).

Ground Floor
Bedroom 1 (3.1m x 3.1m) Double with shower en-suite
Bedroom 2 (5.8m x 5.2m) Double with shower en-suite

First Floor
Bedroom 4 (3.9m x 5.7m) Double with bath & shower en-suite
Bedroom 5 (6.2m x 3.1m) Family room with shower en-suite
Bedroom 6 (3.4m x 3.8m) Double with shower en-suite
Bedroom 7 (2.8m x 3.2m) Double with shower en-suite
Bedroom 8 (3.3m x 3.0m) Double with shower en-suite
Bedroom 9 (5.2m x 4.5m) Family room with shower en-suite

Laundry room with various shelves.
W/C with wash basin and wall mirror.

EPC Rating E

External
Large front garden with stunning views over Lusty Glaze.
Car park for (12) cars.

Energy Performance Rating:
E

Business Operation

Reasons for selling:

Retirement

Contact Information

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