Prominent Penzance guest house now marketed at revised guide price
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Written by Russell Weetch
Friday, 14 March 2008
 Miller Commercial of Truro are now marketing The Estoril Guest House on Morrab Road, Penzance by inviting offers off a revised guide price of £495,000.

The guest house stands on one of the finest thoroughfares of the West Cornwall harbour resort, which is traditionally known as the gateway to the Isles of Scilly. The building is a fine example of a traditional stone Victorian property providing spacious accommodation over 3 storeys and is within easy walking distance of both the busy town and the long promenade. The hotel offers a dining room, owners’ private lounge and 10 en-suite bedrooms. Outside, is a paved, terraced, courtyard garden and parking facilities for 4 cars. The Estoril benefits from separate owners’ accommodation offering two bedrooms and central heating throughout the premises.

The business trades strongly and recent accounts to April 2006 show sales in excess of £77,000 for the year with a reconstituted net profit in the region of £45,000.

Russell Weetch, Head of Hotels, Licensed & Leisure at Miller Commercial comments, ‘The Estoril is a well constructed and presented guest house doing good business within the well known harbour resort overlooking the beautiful Mounts Bay. We consider the business is competitively priced at the new revised figure and is well worth an early viewing.

For full details contact Russell Weetch at Miller Commercial Truro on 01872 247005.