Small Country Guest House/Hotel near Eden Project

 Miller Commercial are pleased to offer the Kilbol Country House situated in the small hamlet of Polmassick, close to The Eden Project and Heligan Gardens, to market with a revised guide price to reflect our client’s motivation to sell. The original building we are advised dates back to the sixteenth century and was extended in the mid 1990s to provide up to eight en-suite guest bedrooms, with a separate two bedroom cottage. Guest facilities include an attractive bar/lounge with feature wood burner and built in bar, conservatory and large dining room. We are advised the property sits within circa one acre of well-tended cottage style gardens, large car park and owner’s car port and store rooms.

The Kilbol has been in our client’s tenure since 1992 and the business has historically traded up to a level of circa £165,000, more latterly our clients have chosen to trade below the VAT threshold and we are advised turnover for the year end March 2014 was in the region of £89,000, which produced an adjusted net profit in the region of circa £38,000 - making this a very good lifestyle business.

The Kilbol has been offered as a going concern, and we are also advised, has planning permission to revert as a private residence off a guide price of £595,000. For further information contact Graham Timmins on 01872247036. View Property.

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