Bude, EX23

Leasehold Award Winning 10 Bedroom Guest House Located In Bude

Licenced

5 Star Food Hygiene Rating

Ref 2204

Location

This impressive 10 bedroom Guest House is located in the town of Bude, in North Cornwall. The property benefits from stunning views of the golf course and sea. Bude has been named as the Best Uk Costal Town/Resort for three consecutive years, winning a section of Gold, Silver and Bronze awards in the British Travel Awards. This thriving town offers an abundance of bars, restaurants and retails shops and is easily accessible by the Atlantic Highway (A39) which connects Cornwall to Devon.

Business Description

Veritas Business Sales are delighted to offer for sale this delightful Award Winning 10 Bedroom guest house which is located in the popular Cornish holiday town of Bude. The business has been established for over 30 years and has been in the careful hands of our clients for the past 4 years. Reluctantly the business is now being offered for sale to 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 Bude Haven Guest House is completely owner operated and has an annual turnover of £103,000. They operate all year round and many of the rooms have stunning views over Bude Golf Club so this is a popular venue for visiting golfers, cricketers and wedding venue. All rooms are tastefully decorated and are en-suite with colour TV's and tea & coffee making facilities. On offer in the morning is a full range of English cooked breakfast options and evening meals are available which are all prepared on site using only the finest local produce. We believe that there is further potential to increase trade should you wish too. The Bude Haven has two large function rooms and an excellent commercial kitchen and is able to cater for all types different activities. The business 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 new 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.

Business information

Asking Price: £175,000 plus SAV

Turnover: £103,000 pa

Stock: £2,000

Business Rates: 12,100

Leasehold

Original Length: 31 years

Remaining: 27 years

Rent: £20,500 pa

Ground Floor

Function room 1 (12.7m x 4.4m) with 5 tables & chairs for (18), 3 leather look sofas, various pictures, large wall mirror, piano, filter coffee machine, pine dresser, pine chest of drawers, bar servery with usual bar equipment. Function room 2 (7m x 5.1m) with various tables and chairs and wall mounted TV (Panasonic)

Entrance hallway (8.2m x 2m) with reception desk and original tiled floor

kitchen (5.5m x 5.2m) with hot water dispenser, plate warmer (DVE), 6 burner cooker with double oven and hot plate (Moorwood Vulcan), toaster (Burco), commercial sink, 2 microwaves (Panasonic), 3 stainless steel tables, hot lamp unit (Lincat), dishwasher (Class EQ), wash basin and kettle (Morphy Richards)

Laundry (5.7m x 2m) with washing machine (AEG), dryer (Zanussi), washing machine (Ultima), upright fridge, upright freezer (Iarp), upright freezer (Ocean), 2 upright freezers (Fridgidaire) and various shelves.

Store room (1.5m x 4m) with large stainless steel fridge (Polar) and large upright fridge

Gents W/C with hand wash basin

Ladies W/C with hand wash basin

Accommodation

First floor 1

Bedroom 1 (3.8m x 4.1m) super king twin room with en-suite

Bedroom 2 (5.7m x 4.02m) super king twin room with en-suite, large bay window and partial sea view

Bedroom 3 (3.0m x 4.2m) double room with en-suite

Bedroom 4 (5.6m x 4.2m) super king twin room with en-suite and large bay window

Bedroom 5 (4.0m x 3.8m) double room with en-suite

Bedroom 6 (4.0m x 3.0m) double room with en-suite/staff quarters

Bedroom 7 (2.7m x 6.8m) super king twin room with en-suite

Bedroom 8 (5.8m x 2.8m) super king twin room with en-suite

Second floor

Bedroom 9 (3.3m x 4.1m) super king twin room with en-suite and sea view

Bedroom 10 (2.5m x 3.7m) single room with en-suite

Bedroom 11 (3.8m x 5.1m) family room with en-suite

All rooms have flat screen TVs and tea & Coffee making facilities.

The property benefits from gas central heating & double glazing throughout.

Owners accommodation

Bedroom large double with en-suite

Lounge

External

Extensive mature gardens with large hot tub

Parking for multiple vehicles