Attractive bed and breakfast in popular south coast village
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Written by Graham Timmins
Tuesday, 01 April 2008
 Miller Commercial of Truro are bringing to the market The Old Post Office in the south coast beachside village of Pentewan. The popular village for families on holiday and the local population stands 5 miles from the key Mid-Cornwall centre of St Austell and only 1.5 miles from the harbour tourist destination of Mevagissey.

The Old Post Office is a character property constructed of local stone, which dates back to the 1840’s and retains character features. It has provided B & B accommodation for over 20 years and offers 4 letting bedrooms, a guest lounge/dining room, together with owners’ private accommodation.

The business is coming to the market for the first time in 4 years because of semi-retirement plans. It is open for guests all year round and trades well given the small number of bedrooms it offers. Recent audited accounts to April 2007 show receipts of £24,000 creating a reconstituted net profit in the region of £20,000.

The Old Post Office is available off a freehold guide price of £480,000 SAV.

Graham Timmins of Miller Commercial’s Business Transfer Dept comments, ‘This is an interesting little business in a character, double fronted, cottage property. It benefits from tourist demand for B & B accommodation in the area as it is so close to the popular attraction of The Lost Gardens of Heligan and the Eden Project is also only a brief drive distant’.

FOR FULL DETAILS CONTACT GRAHAM TIMMINS AT MILLER COMMERCIAL TRURO ON 01872 247019.