COASTAL 11 BEDROOM HOTEL
POPULAR NORTH COAST VILLAGE
VERY WELL PRESENTED AND EQUIPPED
2 SETS OF OWNERS ACCOMMODATION
GENEROUS GROUNDS OF C. 1.6 ACRES
CONSISTENT SALES AND PROFITS
GENUINE RETIREMENT SALE
The Beacon Country House Hotel, is as its name suggests, situated on the Beacon area of St Agnes, a well known geological feature on the North Cornish Coast. The Beacon is very popular with walkers, who can take in far reaching views up and down the SW coast path, which is dotted with remnants of Cornwall’s mining past. Nearby is Chapel Porth, a pretty surfing beach which has a National Trust car park and catering outlet.
The large village of St Agnes is a short walk away and has a wonderful collection of shops, including a Bakers, Butchers, Hairdressers, Cafe/Restaurants, Pubs and Convenience Stores. There are several primary schools nearby and for Secondary education pupils can access Truro.
So, a wonderful location with good access to beautiful countryside and beaches, a very well serviced village and swift access to Truro and the wider North Coast, making this a wonderful area to stay and or course live.
We understand the original property dates back to 1938, which has been extended predominantly to the rear to provide 11 generous bedrooms, two on the ground floor with the remaining 9 on the first floor. The property sits in the upper curtilage of the land area on the most elevated part, which accordingly affords the rooms some very far-reaching country and coastal views. As a potential note of interest, the land area in the lower part as one enters the curtilage could potentially have use for additional letting accommodation, subject to consent, which is not something our clients have explored.
For the guests is a generous Lounge with Bar and Dining Room, with lovely views over the countryside.
There are two sets of owners accommodation, one on the Ground Floor, which has access to a rear private garden and the other on the Second Floor, which could also be re-configured to provide additional rooms.
The property and grounds are, in our opinion, very well maintained, presented and equipped.
Our clients have owned the business since 2009 and are now selling due to impending retirement. The business trades all year and has an approximate split of 30% bed and breakfast and 70% half board. The premises are also available to non-residents for functions in the dining room and lounge. The business model has mature client base and also has 2 rooms for guests with dogs. The business enjoys good levels of repeat business and has a 3 Star AA Rating.
We are advised the turnover for the year end march 2017 was c. £250,000 (Net of VAT and including own consumption), with a Gross Profit level of 85% and which produced an Adjusted Net Profit of £107,722 (after deducting all overheads, including wages of c. £47,000). At the time of writing we are advised the turnover for the year end March 2018 was c. £255,000 (Net of VAT), full Accounts not yet available. Further accounting information will be made available to interested parties.
For further information regarding our clients business please see their website www.beaconhotel.co.uk
The Accommodation Comprises
All areas and dimensions are approximate.
Entrance Hall / Lobby
A welcoming entrance to the property with Lobby and Reception desk. Guest WC.
Guests Lounge / Bar
7.90m x 4.32m : French doors to garden. Comfortable settees and chairs. Built in bar servery. Through to:-
‘L’ shaped 11.04m x 5.43m (max.) 3.65m (min.) : French doors to front garden and windows to side and rear make for a very pleasant dining room, with tables and chairs for c. 32 covers. Access to rear of Bar and service station.
Commercial Kitchen And Service Areas
Kitchen : 5.07m x 2.99m. A well equipped commercial kitchen with commercial non-slip flooring, stainless steel walls and principal cooking equipment (Full Inventory to follow) to include a 6 ring gas cooker with 2 vent extraction system over, eye level grill, microwave, warming cabinet.
Freezer Area : 3.12m x 1.73m. Two windows to rear. Two upright fridges and freezers.
Wash-up : 3.53m x 2.28m. Commercial dishwasher, double sink and drainer.
Giving access to Dry Store, Staff WC, Boiler Room. Owners Flat and door to rear garden.
Schedule Of Letting Accommodation
All rooms en-suite and with Colour TV’s, tea and coffee making facilities and all requisite bedroom furniture and linen.
Room 10 : Double, en-suite shower. Window to front garden. Built in wardrobe.
Room 11 : Family, en-suite shower. Window to front garden.
Room 1 : Premium Kingsize, en-suite shower. Two windows to side elevation with country views.
Room 2 : Premium Kingsize, en-suite bath and shower. Window to side with country views.
Room 3 : Double, en-suite bath with shower. Window to rear garden.
Room 4 : Premium Twin, en-suite shower. Windows to two sides with country views.
Room 5 : Premium Kingsize, bath with shower. Two windows to the front with garden and sea views.
Room 6 : Premium Kingsize, en-suite shower. Window to front with garden and sea views.
Room 7 : Double, en-suite shower. Window to front with garden and sea views.,
Room 8 : Family, en-suite shower. Window to front with garden and sea views.
Room 9 : Double, en-suite shower. Window to rear garden.
Room 7 : Double, en-suite shower. Views to front garden and seaward.
Room 8 : Family, en-suite shower. Views to front garden and seaward.
Room 9 : Double, en-suite shower. Views to rear over garden.
GROUND FLOOR FLAT
Open plan Lounge, Kitchen and Dining area : 5.76m x 4.94m. Window to rear and french doors to side with country views. Fitted kitchen. Through to:-
Bedroom : 4.42m x 3.76m. Window to side elevation. En-suite shower room.
SECOND FLOOR FLAT
Lounge : 5.08m x 2.94m (into eaves). Window to front with far country and sea views.
Bedroom 1 / Office : 4.95m x 2.66m (overall, two interconnecting rooms). Two windows to rear.
Bedroom 2 : 3.03m x 2.76m. Window to front with far reaching country and sea views.
Bedroom 3 / Storage : 3.19m (maximum) x 2.75m. Window to front with far reaching country and sea views.
Bathroom : 2.40m x 2.27m. Bath, low level WC and wash hand basin. Access to loft storage.
Overall gardens and grounds of c. 1.6 acres (to be independently verified by interested parties and plan available upon request). Rear Garden : Lawned area and 2 sheds. Side access to single garage (with vehicular lane access, power and light. Parking area for 1 vehicle.
Front garden : Level lawned area with seating for guests. Further grassed areas for the guests to enjoy and which may (Subject to Planning Permission) be suitable for further letting accommodation which our clients have not explored.
Parking for 11 cars and a Drop-Off point at the front. Also, owners parking.
General Enquiries 0300-1234-100
Energy Performance Certificate
The Energy Performance Rating for this property is within Band E.
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.
We understand the business currently holds a premises licence in respect the sale of liquor for consumption on the premises.
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search.
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
To be taken at valuation.
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
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.
For further information or an appointment to view please contact either:-
Graham Timmins on 01872 247019 or via email email@example.com or
Paul Collins on 01872 247029 or via email firstname.lastname@example.org or
Beverley Northey on 01872 247031 or via email email@example.com
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.