Hotel for sale

11 Bedroom Boutique B&B Located In Newquay, Cornwall
5 Star Rating On Tripadvisor, Booking.com & Expedia
Four Storey Building, Stunning Sea Views
Fully Licenced Bar
Ref: 3037

Asking Price £1,250,000

Location
This outstanding boutique B&B is located in Newquay, Cornwall. Situated within a prominent and highly visible trading position looking across one of Newquay's main beaches. Newquay is one of the nation's favourite seaside towns, exudes the laid-back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort, all wrapped up in the most fantastic coastal scenery.


Business Description
Veritas Business Sales are delighted to offer for sale this delightful and well established 11 Bedroom Boutique B&B which is located in the busy Cornish town of Newquay. The property was transformed into a B&B many years ago and has been in the careful hands of the current owners for the past 8 years. Lazy Waves is now being offered for sale so that they can enjoy a well deserved retirement. This four storey property is well appointed and since ownership the owners have completely renovated throughout to a very high spec and continually invested in new equipment along with fixtures and 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. Lazy Waves is owner operated with the help of 2 part time members of staff. Room tariffs range from £129.00 to £179.00, All the bedrooms are en-suite and prices are per room per night on B&B basis and all rooms benefit from gas fired central heating, colour TVs, Wi-Fi and complimentary tea & coffee making facilities. Accounts are available on request. We believe that the business has further potential by offering evening meals which would also boost bar sales. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade from visiting tourists. This is a superb opportunity to purchase a business that has already benefited from significant investment which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Ground Floor
Kitchen (8.1m x 4.0m) comprising: fully fitted kitchen with wall and floor units and tiled floor, 6 burner oven with extraction, toaster (Dualit), kettle (Bosch), air fryer (Ninja), espresso coffee machine, built in microwave (Smeg), upright fridge freezer with ice maker (Samsung), wall mounted TV screen, breakfast bar with 2 stools, 2 seater settee, various pictures, dining table with 6 chairs and wall mounted cabinet. Rear entrance (2.9m x 1.6m) with wall mounted cupboard and upright fridge freezer (Logik).
Laundry room (3.9m x 3.2m) with washing machine (Hoover), washing machine (Indesit), various cupboards and shelves, sink with drainer and floor and wall kitchen cupboards.
Guest lounge (4.3m x 4.7m) with 4 seater settee, 4 x arm-chairs, feature fireplace with log burner, various wall mounted mirrors, 50" wall mounted TV screen, coffee table, tiled floor and 2 mirrored chest of draws.
Breakfast room & bar (5.00m x 5.5m) with 6 tables with covers for (12), fully stocked bar, 4 x bar stools, drinks fridge (Empire), mirrored bar, various shelves, various wall mounted mirrors, double doors leading into guest lounge and tiled floor throughout.
Hallway (7.0m x 2.0m) with stairs to first floor.
Front entrance/internal porch ( 1.4m x 1.9m).

External
Front patio with stunning sea views (7.1m x 3.4m) with 4 tables & chairs with covers for (8)(Ratan).
Rear patio area (4.0m x 2.5m) with 2 tables & chairs with covers for (4), garage and shed.

First Floor
Accommodation
Bedroom 2 (4.4m x 3.9m) Double En-suite.
Bedroom 3 (3.1m x 4.4m) Double En-suite.
Bedroom 4 (3.7m x 5.4m) Double En-suite with sea views.
Bedroom 5 (4.3m x 2.7m) Double En-suite with sea views.

Second Floor
Bedroom 6 (4.1m X 4.0m) Double En-suite.

Owners accommodation
Lounge (3.0m x 3.9m) with stairs leading to Bedroom (3.6m x 4.1m) Double with En-suite (3.0m x 2.5m).

Third Floor
Bedroom 8 (4.5m x 3.5m) Double En-suite.
Bedroom 9 (3.2m x 6.6m) Double En-suite with sea views.
Bedroom 10 (3.2m x 5.1m) Double En-suite with sea views.

Fourth Floor
Bedroom 11 (4.5m x 3.1m) Double (Jack & Gill) En-suite.
Bedroom 12 (5.4m x 2.9m) Double (Jack & Gill) En-suite.