Fowey, PL23

Stunning Freehold Tea Rooms & B&B Located In Fowey For Sale

3 Bespoke Letting Rooms (en-suite) Building Circa 1430

Ref 2189

Location

This outstanding Tea Rooms & B&B with Bespoke Letting Rooms is located in the main thoroughfare road within Fowey town centre. Fowey is an historic port and one of the nation's favourite seaside towns. The town manages to be both trendy and yet remains a great family resort, it boasts many craft shops, galleries and restaurants all wrapped up in the most fantastic coastal scenery. St Austell is just 8 miles away with access to all the major transportation links.

Business information

Asking Price: Offers In The Region Of £549,950 plus SAV

Turnover: £187,163 pa

Stock: £1,500

Business Rates: £2,661 pa

Business Description

Veritas Business Sales are delighted to offer for sale this well respected Tea Rooms with 3 guest B&B letting rooms (there is a possibility of 5 letting rooms) which is located on the main street in the desirable Cornish town of Fowey. The business has been trading for over 12 years and has been in the careful hands of our clients for the past 7 years and is reluctantly being offered for sale to allow the owners to persue new projects. Since ownership they have continually refurbished and invested in new equipment along with 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 Well House is named because of the Well in the rear garden which is a grade 2 listed building (Circa1430) and a former merchants house. The business is owner operated and requires the help of 1 full time and 6 part time members of staff and has a combined annual turnover of £187,163, with room tariffs ranging from £75.00 - £105.00 per room per night. All rooms are tastefully decorated and benefit from flat screen TVs, tea & coffee making facilities and modern bathrooms. Next morning you can enjoy a traditional cooked breakfast, served with only the finest locally sourced produce, accompanied with fresh juices, yogurts, cereals and tea & coffee. The Tea Rooms serves a fine range of sandwiches, light bites, home made scones, cakes, paninis, hot and cold drinks as well as all day breakfast. We believe that there is further potential to increase trade by expanding upon the tea room opening times, should you wish. 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 visiting tourists. This is a superb opportunity to purchase an established lifestyle business which has untapped potential and is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours

Tea Rooms

Monday - Sunday - 10.00am - 4.30pm

In season 10.00am- 5.30pm

Ground Floor

Tea Rooms

Restaurant at Front (3.6m x 3.4m) comprising: 4 oak tables with chairs, cake display stands, welsh dresser and stone flooring.

Restaurant to rear (4.3m x 4.1m) comprising: 3 oak tables with chairs, stone flooring and 2 children's high chairs.

Kitchen/Ice cream takeaway (5.3m x 4.0m) comprising: espresso coffee machine (Expobar), 3 single grills (Buffalo), double grill (Buffalo), chiller unit 3 door (Polar), drinks fridge, electronic fridge, ice cream cabinet, drinks fridge, 2 toasters, microwave (Panasonic), microwave (Morphy Richards), sink with drainer, white under counter fridge and stone flooring.

Store Room/kitchen (4.8m x 3.0m) with various shelving.

Store Room (2.8m x 2.2m) with various shelving, freezer (Logic).

W/C with wash basin and baby changing facilities.

External

Rear court yard with original well

Accommodation

First floor

Bedroom 1 Tudor Room (5.4m x 3.4m)

Double bedroom with original beamed ceiling, fireplace and a magnificent 5ft Four-poster bed, en-suite, TV, tea and coffee making facilities and seating area.

Bedroom 2 Family Suite (3.1m x 3.6m)

Double bedroom with en suite and a separate lounge area that can be used as another bedroom, TV, tea and coffee making facilities and seating area.

Kitchen (3.8m x 2.5m) comprising: fitted wall and base units, TV (Wharfdale), cooker (Belling), Food mixer (JDW), toaster (Morphy Richards) and microwave (Cook works)

Laundry Room (3.7m x 2.6m) comprising: freezer (Logic), freezer (Norefrost), tumble dryer (Bosch), washing machine (Indesit), dishwasher and large upright fridge freezer (LG)

Second floor

Bedroom 3 The White Room (3.8m x 2.5m)

Double bedroom with en-suite, TV, tea and coffee making facilities and seating area.

Owners Accommodation

Lounge (7.3m x 5.1m)

Bedroom 1 double en suite (3.7m x 3.8m)

Bedroom 2 double en suite (3.5m x 2.5m)

The property benefits from gas fired central heating.

Compliant with the latest fire/security standards

Awarded 5 star food safety