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Lamorna Lodge Boskerris Rd 9 Room Bed and Breakfast St Ives TR26 2NG $1,601,623 ($177,958/Room)

INVESTMENT HIGHLIGHTS
- Sea views
- Private garden
- 9 furnished guest rooms
EXECUTIVE SUMMARY
• Extremely rare freehold Bed and Breakfast that is highly profitable in Carbis Bay where the location is exceptional and will allow owners to take advantage of the lifestyle opportunity on offer
• Current clients have been running this successful business for 18 years. They have run it particularly profitably and now only trade for 4 months of the year just under the VAT threshold to suit their lifestyle
• This fabulous property has stunning sea views from many of the rooms and only a few minutes’ walk from the wonderful beach of Carbis Bay
• There are 9 tastefully furnished guest rooms all of which have en-suite facilities
• This property has the unique attribute of 2 separate owners accommodations. One ground floor 1 bedroom apartment with two reception rooms which has doors to its own private and sizable rear garden. The second owners accommodation is a two bedroom apartment on two floors with arguably the best sea views in the property
• Guests have a spacious lounge area which has a guest bar facility. This dual aspect room also has amazing sea views
• The guest dining room is at the front of the property which also has great sea views and access to a recent addition of a significant balcony with frameless glass that naturally doesn’t obstruct from the far reaching sea views
• Recently re-fitted high quality kitchen with a further owners kitchen in the ground floor owner accommodation
• Externally there is plenty for both owners and guest parking with a single garage also to the rear. There is also a very private rear garden exclusively for the owners which is a real sun trap. Guest have use of a delightful front garden and generous balcony to enjoy morning coffees or an evening glass of wine
• The property is approximately 600 metres to Carbis Bay beach, with further choices of amazing beaches also not far away
• St Ives town centre is approx. 1.5 miles from the property
• P&L information upon request
LOCATION
Carbis Bay is a popular village situated overlooking the sparkling waters of St Ives Bay. It has a range of local amenities including shops, church and primary school and with a supermarket within walking distance of the property. St Ives is the nearest town at around a mile away and offers additional facilities including a secondary school. Within walking distance is Carbis Bay train station, a stop along a picturesque branch railway that connects Carbis Bay with St Ives (3 minutes) and the main line at St Erth (9 minutes). The A30 is 3 miles distant and connects with many of the main Cornish towns and the M5 at Exeter. Carbis Bay Beach is easily accessible on foot and comprises a large stretch of golden sand running from Porthminster Point to Hawke's Point. The coastal footpath offers views of some of the finest scenery in the country.
SERVICES
Mains - Gas, water, electricity and drainage.
Tenure - Freehold.
Council Tax - Band B for owners accommodation and small business rates relief
EPC rating - C
• Current clients have been running this successful business for 18 years. They have run it particularly profitably and now only trade for 4 months of the year just under the VAT threshold to suit their lifestyle
• This fabulous property has stunning sea views from many of the rooms and only a few minutes’ walk from the wonderful beach of Carbis Bay
• There are 9 tastefully furnished guest rooms all of which have en-suite facilities
• This property has the unique attribute of 2 separate owners accommodations. One ground floor 1 bedroom apartment with two reception rooms which has doors to its own private and sizable rear garden. The second owners accommodation is a two bedroom apartment on two floors with arguably the best sea views in the property
• Guests have a spacious lounge area which has a guest bar facility. This dual aspect room also has amazing sea views
• The guest dining room is at the front of the property which also has great sea views and access to a recent addition of a significant balcony with frameless glass that naturally doesn’t obstruct from the far reaching sea views
• Recently re-fitted high quality kitchen with a further owners kitchen in the ground floor owner accommodation
• Externally there is plenty for both owners and guest parking with a single garage also to the rear. There is also a very private rear garden exclusively for the owners which is a real sun trap. Guest have use of a delightful front garden and generous balcony to enjoy morning coffees or an evening glass of wine
• The property is approximately 600 metres to Carbis Bay beach, with further choices of amazing beaches also not far away
• St Ives town centre is approx. 1.5 miles from the property
• P&L information upon request
LOCATION
Carbis Bay is a popular village situated overlooking the sparkling waters of St Ives Bay. It has a range of local amenities including shops, church and primary school and with a supermarket within walking distance of the property. St Ives is the nearest town at around a mile away and offers additional facilities including a secondary school. Within walking distance is Carbis Bay train station, a stop along a picturesque branch railway that connects Carbis Bay with St Ives (3 minutes) and the main line at St Erth (9 minutes). The A30 is 3 miles distant and connects with many of the main Cornish towns and the M5 at Exeter. Carbis Bay Beach is easily accessible on foot and comprises a large stretch of golden sand running from Porthminster Point to Hawke's Point. The coastal footpath offers views of some of the finest scenery in the country.
SERVICES
Mains - Gas, water, electricity and drainage.
Tenure - Freehold.
Council Tax - Band B for owners accommodation and small business rates relief
EPC rating - C
PROPERTY FACTS
| Price | $1,601,623 | Lot Size | 0.31 AC |
| Price Per Room | $177,958 | Building Size | 5,000 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1930 |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | B |
| Price | $1,601,623 |
| Price Per Room | $177,958 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 5,000 SF |
| No. Rooms | 9 |
| No. Stories | 3 |
| Year Built | 1930 |
| Corridor | Interior |
AMENITIES
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $160.16 | - |
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Lamorna Lodge | Boskerris Rd
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