Description
Famous West Country Harbour Town
Newly Refurbished, Very High Quality Award Winning B&B
24 En Suite Double, King and Super King Rooms all with new shower rooms and
17 WITH AIR CONDITIONING – bookings in hot weather off the scale!
Beautiful Sea View Lounge and Continental Breakfast Room
Owner/ Manager air conditioned 2 Bedroom Apartment
Staff/Holiday Flat
Ideal for Operators or Investors
Under trading but net profit £120,000 p.a. from choice due to other business interest – fully open only 6 months per annum. Agent’s projection @ £20,000 annual earnings per room = £200,000 net profits. Highly Mortgageable (subject to status)
Substantial Tax Fee Income Available – only on eligible leaseholds; speak to Lawrence Wright
Price: Offers in the region of £700,000 for Long Very Advantageous Lease ( The Landlord pays for all property repairs including the roof, windows and all exterior decoration)
EPC: Exempt
