| Fine guest house comes to the market at Perranporth |
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| Written by Richard Gilbert | |
| Wednesday, 20 February 2008 | |
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The business has been established for over 40 years and is coming to the market for the first time in 4 years. During the period of its’ current ownership considerable repair and renewal work has been undertaken. The majority of the guest bedrooms have en-suite facilities and there is also good sized 3-bedroom owners’ accommodation. The ground floor provides a spacious lounge bar, conservatory and dining room whilst outside there is an attractive garden, car parking and large garage. The guest house trades well and is open for business throughout the year except for a 4/6 week period for rest and redecoration. The trading figures to December 2006 show sales of around £78,000 with income from accommodation being supplemented by the provision of catering for family parties at the Tides Reach. Richard Gilbert of Miller Commercial’s Business Transfer Dept comments, ‘The Tides Reach is a thriving little guest house in a resort, which has a strong appeal in providing for small families, without the late night revelry of larger resorts’. Offers are being sought off a revised guide price of £600,000 plus stock at valuation for the freehold interest. FOR FULL DETAILS CONTACT RICHARD GILBERT AT MILLER COMMERCIAL TRURO ON 01872 247027 |
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