Freehold 7 Bedroom Guest House In Liskeard

Freehold 7 Bedroom Guest House In Liskeard For Sale
All Rooms En-Suite
With Owners Accommodation
Ref 2097

Location
The Nebula Guest House is located in the desirable market Town of Liskeard on the southern edge of Bodmin Moor. Its prominent trading position gives good road access to the coastal towns of Looe and Polperro as well as easy access to the A38 link road that services the whole of Cornwall. The main London to Penzance railway network make Liskeard particularly accessible to both tourists and business people.

Business information

Freehold: £415,000
Turnover: £69,372
Gross Profit: £57,442

Business Description
Veritas Business Sales are delighted to offer for sale this respected 7 Bedroom Guest House which is located in the desirable market town of Liskeard in Cornwall. The business has been established for over 40 years and has been in the careful hands of my client for the last 5 years. Reluctantly the business is being offered for sale so they can enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and only requires the help of 2 casual chamber maids during the busy season. Room tariffs range from £55 for a single up to £105 for 3 adults per room per night on a B & B basis and the 2016 annual turnover was £69,372 per annum with a GP of £57,442 showing a modest adjusted net profit of £28,802. (T/O for the latest year has increased to £80,710 an increase of £11,00. Accounts being prepared) Our clients choose to trade below the VAT threshold but we believe that there is further potential to increase trade should you wish. In the past the previous owners have opened the restaurant for evening meals for guests and there is scope to offer morning coffees, light lunches and afternoon tea’s. The large restaurant/ function room has also been used in the past for weddings, family gatherings, business meetings, wakes and seminars and has all the necessary features to grow this area of the business. The Nebula Guest House enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed

Ground Floor
Reception hallway
Catering kitchen (fully equipped, inventory available)
Guest lounge with feature log burner and surround
Dining room/Function room (available for private events)
Residents Bar
Room 7 Family room double + single with en-suite (Restrictive Mobility Access)
Owners private lounge and office area

First floor
Room 1 Family room double + single with en-suite
Room 2 Double room with en-suite
Room 3 Double room with en-suite
Room 4 Double + single room with en-suite
Room 5 Double room with en-suite
Room 6 Single room with en-suite
Owners bedroom with en-suite

Laundry Room comprising: Washing machine (Zanussi), chest of drawers, various wooden shelves, 2 black plastic racking units.
Linen store cupboard with various shelving

External
Rear courtyard garden
Large car park available to the rear for all guests.

Services
Mains electricity, water, drainage and gas

Fixtures, Fittings and Effects
Normal fixture and fittings associated with this type of property are included in the sale and a detailed inventory of these will be supplied prior to exchange.

Viewings are to be arranged strictly by prior arrangement through our offices