Overview

• LEASEHOLD GUEST HOUSE/HOSTEL
• CENTRAL LOCATION IN A POPULAR COASTAL RESORT
• 7 LETTING BEDROOMS, SLEEPING 22 GUESTS
• PRIVATE OWNERS ACCOMMODATION
• BAR FOR RESIDENTS AND NON RESIDENTS ALIKE
• IDEAL FIRST BUSINESS VENTURE
• EPC D (57)

This is an incredibly rare opportunity to acquire a Leasehold Accommodation led business in one of the South Wests most popular year round tourist destinations. Our clients specialise in group bookings with the seven bedrooms sleeping 22 guests in total and guests can book on a room by room basis or, as is often the case, they may well book the entire property. The business is being offered for sale at a guide price of £75,000 and is available with the residue of a 10 year lease which commenced in January 2021 at a passing rental of £24,000 per annum.

Located on Cornwall’s Atlantic Coast, Newquay has previously been voted as One of the Nation’s Favourite Seaside Towns in the prestigious Which Holiday Survey, Best Family Holiday Destination by readers of COAST magazine, and has won Gold for Best Seaside Towns for Families by Days Out with the Kids. Newquay also has some of Cornwall’s finest beaches and attracts hundreds of thousands of visitors year round, making it the perfect location for a business of this nature.