Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

For Sale
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Buckingham House, 17, Tregoney Hill, Mevagissey, Cornwall

Guest house for sale

£449,000

Freehold

A character 4 en-suite letting bedrooms Guest House situated in the bustling Harbour Village of Mevagissey. With one / two bedroom owners accommodation, a patio and garden, this is an ideal semi-retirement / lifestyle business opportunity. Internal viewing highly recommended.

  • SUPERBLY PRESENTED & RENOVATED GUEST HOUSE
  • 4 LARGE & WELL APPOINTED GUEST BEDROOMS
  • SHORT WALK TO HARBOUR VILLAGE OF MEVAGISSEY
  • 1/2 BEDROOM OWNERS’ ACCOMMODATION
  • CONSISTENT SALES & PROFITS
  • COURTYARD PATIO & PARKING (LICENCE)
  • ENERGY ASSET RATING – E108

Property Brochure PDF Location Map

Location

Buckingham House is situated on Tregoney Hill, just a short walk from the principal vehicular and pedestrian thoroughfare of Mevagissey, which is famous for its eclectic mix of gift and niche retailers and also the bustling working harbour.

Situated on Cornwall’s south coast Mevagissey is a very popular tourist destination due to its picturesque harbour and historic fishing community. St Austell is the nearest town, approximately 7 miles in distance, with the Lost Gardens of Heligan, the Eden Project and numerous beaches and coves within a short distance. Mevagissey is an ideal base to explore the rest of the County and we are advised receives high levels of repeat visitors year on year.

The Property/business

We understand Buckingham House dates back to 1812, is a substantial Grade 2 listed 4 storey semi-detached property, with a later extension to the side which forms several guest bedrooms and our clients kitchen/dining area and office. Buckingham House has a number of character features indicative of the period, including attractive multi-pane sash windows and a host of period detail within the common areas and indeed the splendid letting rooms. We understand the house has been trading as a bed and breakfast since the 1970’s.

The property has been in our clients ownership since November 2014. The property previously had 8 rooms but was converted some years ago to provide 4 rooms of a good size. All of the rooms are en-suite, with the exception of bedroom 2 which has its own bath/shower room facilities. On the second and third floor is the owners accommodation which comprises 1 or 2 double bedrooms (with one room currently being used as a store). On the ground floor is the guest dining room, through to our clients living room and tastefully updated kitchen/dining area, which leads to the patio.

In terms of the trade, we understand the clients trade from February through to November half terms and Christmas / New Year and is run as a husband and wife team. We are advised the turnover for the year end December 2018 show sales of £58,358, producing a net profit of 84% and an adjusted net profit of £35,641 (after deducting all normal overheads). Further accounting information will be made available subsequent to a viewing appointment.

For further information regarding the clients tariff etc please see www.buckinghamhousemevagissey.co.uk

The Accommodation Comprises

(all areas and dimensions are approximate)

Entrance porch leading to inner hallway, with space for displaying of promotional literature etc with doors off to the ground floor accommodation, as follows:-

Guest Dining Room

3.87m x 3.70m
Large multi pane sash window to front elevation with views to the front, laminate floor, tables and chairs for 10 covers. Through to

Owners Lounge

3.69m x 3.66m
Feature fireplace, French doors to rear elevation. Inter connecting door to hallway.

Owners’ Kitchen/dining Room

6.24m x 3.51m
An attractive and recently refitted kitchen, comprising complimentary base and wall units, granite worktops and includes a 4 ring electric cooker with double oven, microwave and 4 ring electric hob, with extraction over. Plumbing for washing machine, stainless steel drainer unit. French sliding doors leading to patio.

Office Area Off

Window to side elevation.

Schedule Of Letting Accommodation

Bedroom 1

Family Room : Window to the front and side elevations and with balcony for sitting out. En-suite shower.

Bedroom 2

Superior Double : Two large multi pane windows to front elevation affording country views, feature fireplace.

Bathroom

Window to rear elevation, bath with shower, low level WC and pedestal wash hand basin, heated towel rail.

Separate Wc

For use by the guests, window to rear elevation, low level WC, wall mounted wash hand basin.

Stairs ascending to the:-

Second Floor

Bedroom 3

Double Room : Two windows to the front elevation affording country views. En-suite shower.

Bedroom 4

Family room : Window to side elevation, affording far reaching views over the roof tops of Mevagissey towards the harbour and sea. En-suite shower.

Owners’ Accommodation

Store / Double bedroom, feature fireplace, multi-pane window to rear elevation. Currently used by our clients as a store, but has historically been utilised as a bedroom. Vanity unit.

Stairs ascending to the:-

Third Floor

Owners’ Double Bedroom

Window to front elevation. Low level WC and wash hand basin.

Outside

To the right hand side as one looks at the property, with access via the kitchen or externally via a gate from the front of the property, an attractive patio garden with pond, ample space for tables and chairs. 3 sheds to the rear of the patio, 2 with power and light connected. One of the sheds is used as a Utility, plumbing for a washing machine, housing a tumble dryer and an upright fridge / freezer.

Floor Plan

Floor Plan available upon request.

Tenure

Freehold

General Information

Parking

We are advised our client currently enjoys a single car parking space approximately 100 yards from the premises at a current rental of £15 per week, which we understand is a transferable agreement to new owners.

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

E108

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates

We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Superfast Broadband

For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/.

Value Added Tax

Ll the above prices/rentals are quoted exclusive of VAT, where applicable.

Contact

If you require further information or wish to make a viewing appointment, please contact Graham Timmins 01872 247019, or gt@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF