Mandalay B and B, Mevagissey

£535,000

Guide price

  • Bedrooms: 11
A substantial 11 BEDROOMED Guest House with a total approximate floor area of 3608 square feet/335.2 square metres; incorporating Owners Accommodation of 840 square feet/78 square metres. Set in a large plot of roughly 1/3rd of an acre with plentiful parking. NO ONWARD CHAIN.

Property Information

Property Overview

This substantial guest house offers a good level of accommodation which incorporates: Ground floor: Lobby / guest seating area, entrance hall / reception room / bar, a substantial guest lounge and dining room, kitchen, utility room, separate WC, 2 owners bedrooms, bathroom and lounge. First Floor: 9 letting rooms mainly doubles with all but one having en-suite facilities, bathroom hallways and fire escape.

Floor Area

Total approximate floor area of 335.2 square metres (3608 square feet) made up of the guest rooms and communal areas (257.2 square metres/2768 square feet) and the owner’s accommodation (78 square metres/840 square feet).

Owner's Accommodation

The owner’s accommodation including the Kitchen Dining room and Utility Room that are not open to guests totals approximately 78 square metres (840 square feet) comparable to the floor area of a 2 bedroom bungalow locally. At present part of the owner’s accommodation is split into a series of small rooms however there is significant scope to re-configure should that be desired.

Income Potential

The owner estimates a potential turnover in the region of £80,000 - £100,000 if the business were to be run to it’s full potential. At present the current owner, as a lifestyle choice, chooses to run at a limited capacity with turnover for the accounting period up to May 2017 of circa £52,000.

Owner’s Comments

It's with a heavy heart that I have decided to sell Mandalay. 25yrs ago I had never heard of Mevagissey but I fell in love with it the first time I set foot in the place. Being so close to the harbour and beaches it’s like I have had a permanent holiday. If someone wants a happy lifestyle in a lovely village then they will get just that! Mandalay is also set in nearly third an acre of land so there is possible room for expansion. I hope the new owner has as many happy years as I have had!

Location

The picturesque village and fishing community of Mevagissey is situated on Cornwall's south coast and is considered to be one of the most attractive harbourside locations within the county. The Mandalay Guest House stands in an elevated position overlooking the village and enjoys far reaching country views. The Mandalay is conveniently situated within the county allowing guests to visit The Eden Project, The Lost Gardens of Heligan and numerous other tourist attractions.

Tenure / Council Tax

Freehold. Council Tax band A for the owner’s accommodation and business rate for the guest house. Further details available upon request.

Services / Heating / EPC

Mains water, electricity and drainage. Oil fired central heating. The Energy Performance Certificate can be obtained from Hus' office.

Ground Floor

Lobby / Guest Seating area

15' 9" x 9' 6" (4.80m x 2.90m)

Entrance Reception / Bar

18' 1" x 15' 9" (5.50m x 4.80m)

Guest Dining Room / Lounge

42' 8" x 14' 9" (13.00m x 4.50m)

Kitchen / Breakfast Room

15' 9" x 12' 10" (4.80m x 3.90m)

Rear Lobby

Seperate WC

Utility

10' 2" x 8' 10" (3.10m x 2.70m)

Inner Hall

Leading to owners accommodation.

Owners Lounge

11' 6" x 8' 2" (3.50m x 2.50m)

Owners Bedroom

12' 10" x 9' 10" (3.90m x 3.00m)

Owners Bedroom 2

10' 6" x 10' 2" (3.20m x 3.10m)

Owners Bathroom

First Floor

General

Landing

Seperate WC

Bedroom

12' 6" x 11' 6" (3.80m x 3.50m)

En-suite

Bedroom

11' 6" x 6' 11" (3.50m x 2.10m)

En-suite

Bedroom

16' 1" x 11' 6" (4.90m x 3.50m)

Seperate Shower

Seperate WC

Bedroom

12' 6" x 9' 10" (3.80m x 3.00m)

WC

Bedroom

15' 1" x 9' 6" (4.60m x 2.90m)

WC

Bedroom

13' 1" x 9' 6" (4.00m x 2.90m)

En-suite

Hallway

Bathroom

Bedroom

15' 1" x 8' 2" (4.60m x 2.50m)

Shower

WC

Bedroom

10' 2" x 8' 2" (3.10m x 2.50m)

Bedroom

16' 5" x 7' 7" (5.00m x 2.30m)

En-suite

Exterior

Garden / Parking

Plentiful owner and guest parking. Generous plot.

Arrange viewing 01872 859794

HUS Estate Agents Ltd - Truro

18 Lemon Street, Truro, Cornwall

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