Oasis Guest House
Oasis Guest House Dracaena Avenue, Falmouth, Cornwall TR11 2EG • A thoroughly refurbished guest house in the ever popular harbour resort of Falmouth • Currently offering 6 en-suite guest bedrooms • Reception hall, guest lounge, kitchen and breakfast room • Improved and remodelled private owners’ apartment, stocked and lawned gardens, driveway and parking area • Trading up to the VAT threshold producing good levels of profitability sbcproperty.com
FREEHOLD GUIDE PRICE £575,000
SOLE AGENTS
LOCATION The Oasis Guest House enjoys a prominent trading location on Dracaena Avenue, one of the main approach roads into the bustling resort of Falmouth. The harbour town of Falmouth needs no introduction as one of Cornwall’s most favoured towns offering a number of popular beaches, seafront, gardens and a range of restaurants, bars, galleries and gift shops.
depreciation and motor expenses. In the normal manner, further accounting information will be made available to seriously interested parties following an initial viewing appointment. ACCOMMODATION (All dimensions are approximate) GROUND FLOOR
During recent years the town has seen much inward investment, particularly at Events Square which houses the National Maritime Museum and the University Campus at nearby Tremough helps to promote visitor numbers throughout the year. DESCRIPTION This impressive detached guest house has been thoroughly refurbished and remodelled by the current proprietors and now offers a welcoming reception hall, guest lounge, breakfast room, kitchen, six en-suite guest bedrooms, cloakroom, shower room and store room/further owners’ bedroom. On the lower ground floor is an impressive owners’ apartment including a refitted kitchen breakfast room, sitting room, double bedroom with en-suite shower/wc, cloakroom wc, study area with adjoining storage and utility area. The property has the benefit of gas central heating to both guest and owners’ accommodation. Externally, stocked gardens to the front sets the property back from access road, a side driveway leads to the parking area abutting a lawned garden. We are sure discerning purchasers will appreciate that The Oasis Guest House offers a fine home and income opportunity in one of the UK’s most sought after locations. Interested parties are welcome to view our clients’ website (www.theoasisguesthouse.com). THE BUSINESS The guest house trades as a husband and wife team opening approximately 10½ months a year on a bed and breakfast basis. The trading profit and loss accounts for year ending April 2017 showed a turnover in the region of the VAT threshold, producing a gross profit in the region of 84% and an adjusted net profit in the region of £47,000 before loan interest,
COVERED ENTRANCE AREA Entrance door leading to:RECEPTION HALL Radiator. Understairs storage cupboard. BEDROOM 1 (3.61m x 3.43m into bay window) Double room with double glazed window on front elevation. Radiator. En-suite shower/wc. BEDROOM 2 (2.57m x 4.5m into bay window) Twin room with double glazed bay window to front elevation. Radiator. En-suite shower/wc. STORE ROOM/ADDITIONAL BEDROOM (3.67m x 3.29m) Radiator. Wash hand basin. This room was formerly used as a further guest bedroom with a private shower room off the hallway. It could also be utilised as a further owners’ bedroom if required. CLOAKROOM WC With low level wc, wash hand basin and radiator. SHOWER ROOM With shower cubicle (now disconnected). Previously used as the private shower room for Bedroom 3. KITCHEN (3.28m x 3.11m) L-shaped work surface with inset stainless steel sink unit. Separate wash hand basin. Window to rear. Oven and hob. GUEST LOUNGE (3.12m x 2.94m) A pleasant dual-aspect room with double glazed windows to rear and side elevations. Radiator. Double glazed doors to rear.
BREAKFAST ROOM (3.71m x 4.38m into bay) Double glazed window to side elevation. Radiator. Tables and chairs for approximately 12 diners.
INNER HALL CLOAKROOM With low level wc and wash hand basin. Radiator.
FIRST FLOOR BEDROOM 4 (3.46m x 3.53m) Family room with double and single beds. Radiator. Two double glazed windows to rear elevation. En-suite shower/wc. BEDROOM 5 (not measured) Single room some limited headroom. Radiator. Double glazed window to front elevation. En-suite shower/wc. BEDROOM 6 (3.21m x 2.37m) Single room some limited headroom. Radiator. Double glazed window to front elevation. En-suite shower/wc. BEDROOM 7 (3.48m x 2.37m) Double room with double glazed window to rear. Radiator. En-suite shower/wc. LOWER GROUND FLOOR OWNERS’ ACCOMMODATION ENTRANCE CONSERVATORY (4.79m x 1.85m) Double glazed windows and door overlooking the rear garden. Radiator. KITCHEN BREAKFAST ROOM (7.8m x 2.5m) An impressive refitted kitchen breakfast room including a range of work surfaces with inset 1½ bowl sink unit. A range of cupboards and drawers at base level. Inset 4-ring NEFF gas hob. Double and single NEFF oven. Extractor hood. Integrated dishwasher. Radiator. Double glazed windows to side rear elevations. Storage cupboard. Boiler cupboard housing Worcester gas-fired boiler). LOUNGE (3.9m x 3.1m) Double glazed window to side. Radiator. BEDROOM (4.24m x 3.23m + recess) Double glazed window to side elevation. Radiator. Ensuite shower/wc. Shower cubicle, low level wc and wash hand basin (some limited headroom).
STUDY/STORE (7.63m x 1.36m + 2.11m x 1.85m) A flexible open-plan area currently utilised as a study with utility space with plumbing and space for washing machine and dryer and further storage area. OUTSIDE A stocked front garden sets the property back from the access road. To the side is a driveway leading to the parking area and abutting lawned garden. FIXTURES, FITTINGS & EFFECTS Normal fixtures and fittings associated with this type of property are included in the sale and detailed inventory of trade fixtures and fittings will be supplied prior to exchange of contracts. SERVICES Services connected to the premises include mains water, drainage, gas and electricity. (We would point out that no testing of any of the services has been carried out by the agent.) BUSINESS RATES The property has a Rateable Value of £6,900 (VOA website 2017 list), although prospective purchasers should confirm actual rates payable with the local billing authority (www.voa.gov.uk). ENERGY PERFORMANCE CERTIFICATE The premises has an EPC Rating of D under Certificate Reference Number 0050-7908-0387-3820-4034. VIEWING Strictly by prior appointment with the Sole Selling Agents SBC Property. The sale of any going concern business is confidential therefore we would ask that you do not make any direct approaches to vendors, their staff or customers, and arrange all viewing appointments through our offices. You are recommended to contact us before visiting the property even for an information viewing, we can then confirm whether or not it is still available. It is emphasised that in these Particulars of Sale items of furniture, fixtures, fittings and equipment are mentioned for descriptive purposes only and do not necessarily form part of the Trade Inventory as referred to above.
CHARTERED SURVEYORS COMMERCIAL, LICENSED & LEISURE PROPERTY CONSULTANTS DANIELL HOUSE FALMOUTH ROAD TRURO TR1 2HX
sbcproperty.com
T: 01872 27 7 39 7 F: 01872 223342 E: [email protected]
SBC Property is the trading name of Scott Burridge Commercial LLP for themselves and for the vendors of this property whose agents they are give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars as to this property are made without responsibility on the part of Scott Burridge Commercial LLP, or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither Scott Burridge Commercial LLP nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
FREEHOLD GUIDE PRICE £575,000
SOLE AGENTS
LOCATION The Oasis Guest House enjoys a prominent trading location on Dracaena Avenue, one of the main approach roads into the bustling resort of Falmouth. The harbour town of Falmouth needs no introduction as one of Cornwall’s most favoured towns offering a number of popular beaches, seafront, gardens and a range of restaurants, bars, galleries and gift shops.
depreciation and motor expenses. In the normal manner, further accounting information will be made available to seriously interested parties following an initial viewing appointment. ACCOMMODATION (All dimensions are approximate) GROUND FLOOR
During recent years the town has seen much inward investment, particularly at Events Square which houses the National Maritime Museum and the University Campus at nearby Tremough helps to promote visitor numbers throughout the year. DESCRIPTION This impressive detached guest house has been thoroughly refurbished and remodelled by the current proprietors and now offers a welcoming reception hall, guest lounge, breakfast room, kitchen, six en-suite guest bedrooms, cloakroom, shower room and store room/further owners’ bedroom. On the lower ground floor is an impressive owners’ apartment including a refitted kitchen breakfast room, sitting room, double bedroom with en-suite shower/wc, cloakroom wc, study area with adjoining storage and utility area. The property has the benefit of gas central heating to both guest and owners’ accommodation. Externally, stocked gardens to the front sets the property back from access road, a side driveway leads to the parking area abutting a lawned garden. We are sure discerning purchasers will appreciate that The Oasis Guest House offers a fine home and income opportunity in one of the UK’s most sought after locations. Interested parties are welcome to view our clients’ website (www.theoasisguesthouse.com). THE BUSINESS The guest house trades as a husband and wife team opening approximately 10½ months a year on a bed and breakfast basis. The trading profit and loss accounts for year ending April 2017 showed a turnover in the region of the VAT threshold, producing a gross profit in the region of 84% and an adjusted net profit in the region of £47,000 before loan interest,
COVERED ENTRANCE AREA Entrance door leading to:RECEPTION HALL Radiator. Understairs storage cupboard. BEDROOM 1 (3.61m x 3.43m into bay window) Double room with double glazed window on front elevation. Radiator. En-suite shower/wc. BEDROOM 2 (2.57m x 4.5m into bay window) Twin room with double glazed bay window to front elevation. Radiator. En-suite shower/wc. STORE ROOM/ADDITIONAL BEDROOM (3.67m x 3.29m) Radiator. Wash hand basin. This room was formerly used as a further guest bedroom with a private shower room off the hallway. It could also be utilised as a further owners’ bedroom if required. CLOAKROOM WC With low level wc, wash hand basin and radiator. SHOWER ROOM With shower cubicle (now disconnected). Previously used as the private shower room for Bedroom 3. KITCHEN (3.28m x 3.11m) L-shaped work surface with inset stainless steel sink unit. Separate wash hand basin. Window to rear. Oven and hob. GUEST LOUNGE (3.12m x 2.94m) A pleasant dual-aspect room with double glazed windows to rear and side elevations. Radiator. Double glazed doors to rear.
BREAKFAST ROOM (3.71m x 4.38m into bay) Double glazed window to side elevation. Radiator. Tables and chairs for approximately 12 diners.
INNER HALL CLOAKROOM With low level wc and wash hand basin. Radiator.
FIRST FLOOR BEDROOM 4 (3.46m x 3.53m) Family room with double and single beds. Radiator. Two double glazed windows to rear elevation. En-suite shower/wc. BEDROOM 5 (not measured) Single room some limited headroom. Radiator. Double glazed window to front elevation. En-suite shower/wc. BEDROOM 6 (3.21m x 2.37m) Single room some limited headroom. Radiator. Double glazed window to front elevation. En-suite shower/wc. BEDROOM 7 (3.48m x 2.37m) Double room with double glazed window to rear. Radiator. En-suite shower/wc. LOWER GROUND FLOOR OWNERS’ ACCOMMODATION ENTRANCE CONSERVATORY (4.79m x 1.85m) Double glazed windows and door overlooking the rear garden. Radiator. KITCHEN BREAKFAST ROOM (7.8m x 2.5m) An impressive refitted kitchen breakfast room including a range of work surfaces with inset 1½ bowl sink unit. A range of cupboards and drawers at base level. Inset 4-ring NEFF gas hob. Double and single NEFF oven. Extractor hood. Integrated dishwasher. Radiator. Double glazed windows to side rear elevations. Storage cupboard. Boiler cupboard housing Worcester gas-fired boiler). LOUNGE (3.9m x 3.1m) Double glazed window to side. Radiator. BEDROOM (4.24m x 3.23m + recess) Double glazed window to side elevation. Radiator. Ensuite shower/wc. Shower cubicle, low level wc and wash hand basin (some limited headroom).
STUDY/STORE (7.63m x 1.36m + 2.11m x 1.85m) A flexible open-plan area currently utilised as a study with utility space with plumbing and space for washing machine and dryer and further storage area. OUTSIDE A stocked front garden sets the property back from the access road. To the side is a driveway leading to the parking area and abutting lawned garden. FIXTURES, FITTINGS & EFFECTS Normal fixtures and fittings associated with this type of property are included in the sale and detailed inventory of trade fixtures and fittings will be supplied prior to exchange of contracts. SERVICES Services connected to the premises include mains water, drainage, gas and electricity. (We would point out that no testing of any of the services has been carried out by the agent.) BUSINESS RATES The property has a Rateable Value of £6,900 (VOA website 2017 list), although prospective purchasers should confirm actual rates payable with the local billing authority (www.voa.gov.uk). ENERGY PERFORMANCE CERTIFICATE The premises has an EPC Rating of D under Certificate Reference Number 0050-7908-0387-3820-4034. VIEWING Strictly by prior appointment with the Sole Selling Agents SBC Property. The sale of any going concern business is confidential therefore we would ask that you do not make any direct approaches to vendors, their staff or customers, and arrange all viewing appointments through our offices. You are recommended to contact us before visiting the property even for an information viewing, we can then confirm whether or not it is still available. It is emphasised that in these Particulars of Sale items of furniture, fixtures, fittings and equipment are mentioned for descriptive purposes only and do not necessarily form part of the Trade Inventory as referred to above.
CHARTERED SURVEYORS COMMERCIAL, LICENSED & LEISURE PROPERTY CONSULTANTS DANIELL HOUSE FALMOUTH ROAD TRURO TR1 2HX
sbcproperty.com
T: 01872 27 7 39 7 F: 01872 223342 E: [email protected]
SBC Property is the trading name of Scott Burridge Commercial LLP for themselves and for the vendors of this property whose agents they are give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars as to this property are made without responsibility on the part of Scott Burridge Commercial LLP, or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither Scott Burridge Commercial LLP nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
