Description

A wonderful opportunity to acquire a much improved 7 bedroom boutique hotel with bar and café in the much sought after north Cornwall coastal location of Tintagel. The nearby Tintagel Castle welcomes over 250,000 visitors a year. The property has been the subject of considerable expenditure by the current owners in the last few years. The extensive refurbishment has included the public areas, bedrooms and bathroom facilities as well as the café and bar. Substantial investment has been made in equipment as well as fixtures and fittings so very little expenditure will be required by any purchaser in the short/medium term. Planning permission was granted in July 2019 for the following works which offers further exciting potential for new owners: a single storey rear extension to form restaurant seating area, new doors and balconies to the first and second floors to the rear, first and second floor extension to front to create spacious owners accommodation, new terrace to the front and single storey side extension to form an entrance lobby. Entrance Hallway - 2.5m x 2m (8'2" x 6'6") - with sideboard, Novo coffee machine and Francino espresso coffee machine. Lounge Bar - 8.5m x 3.8m (27'10" x 12'5") - with 6 armchairs, settee, 3 bar stools, 2 side tables, seating for 14, serving bar with under counter sink/drainer, under counter Polar drinks fridge, usual bar cooling facilities, various shelves, twin draft beer tap, feature ceiling lights and feature fireplace. Dining Room - 8.6m x 3.8m (28'2" x 12'5" ) - furnished to a high standard and accommodating 18 covers with two feature fireplaces. Commercial Kitchen - 5.0m x 3.4m (16'4" x 11'1" ) - equipped to a high standard including: 2 under counter Beko fridges, Frigidaire under counter freezer, Indesit under counter freezer, 3 door commercial bench fridge, 2 Buffalo commercial induction hotplates, 5 ring range/oven, Silver Crest fryer, Sirman panini toaster, 3 toasters, stainless steel prep table, Samsung commercial microwave, Class EQ glass washer, Miele dishwasher, upright stainless steel fridge, hot water dispenser, sink with drainer, various kitchen units and cupboards, commercial griddle. Store Room - 3.2m x 1.5m (10'5" x 4'11" ) - with laundry shelving, Nice ice making machine, Bosch fridge/freezer, LG washing machine and Bosch tumble dryer. Unisex Toilets - newly built with 2 w.c.'s, fully tiled and with top quality fitments. Boiler Room - 2.0m x 1.5m (6'6" x 4'11" ) - with commercial central heating and hot water boiler. Bedroom 1 - 3.8m x 2.7m (12'5" x 8'10" ) - First floor King size room with en-suite Bedroom 2 - 4.5m x 3.6m (14'9" x 11'9" ) - First floor King size with en-suite and sea views Bedroom 3 - 4.5m x 3.6m (14'9" x 11'9" ) - First floor King size with en-suite and sea views Bedroom 5 - 3.8m x 2.7m (12'5" x 8'10" ) - Second floor King size room with en-suite Bedroom 6 - 3.7m x 3.6m (12'1" x 11'9" ) - Second floor King size room with en-suite Bedroom 7 - 3.7m x 3.6m (12'1" x 11'9" ) - Second Floor King Size room with en-suite and sea view Bedroom 8 - 3.8m x 2.7m (12'5" x 8'10" ) - Second floor Double room with en-suite and sea view Please Note - All bedrooms benefit from wall mounted flat screen tv’s and tea/coffee making facilities. Owners Accommodation - comprising 2 bedrooms with Jack and Jill bathroom. Outside - Lovely mature landscaped gardens with 3 separate patios providing seating for 40 covers, car parking for 8 vehicles, store room (3.5m x 1.8m) with chest freezer and shelving, Shed with Beko freezer and Candy fridge. Our Thoughts - OUR THOUGHTS: This is an ideal opportunity for a husband/wife team with seasonal part time staff. There is huge potential to increase both turnover and profit particularly with the re-opening of Tintagel Castle. Turnover in 2019 was in excess of £150,000, a 15% increase on 2018. Turnover could be increased substantially more by an experienced catering operator wishing to take advantage of the bar and café. Room rates could also be increased as the current owner has just completed so many improvements. Full accounts will be made available to genuinely interested parties. Despite the current climate, we do not anticipate this opportunity being available for long. Please contact us to arrange a virtual viewing and register your interest.