Bar for sale

Avalon Hotel, Atlantic Rd, Tintagel PL34 0DD, UK


OIEO
£750,000
S.O.A.

Features

  • Newly refurbished
  • Secure car parking
  • Staff accommodation
  • Toilets
  • Wi-fi

Description

The nearby Tintagel Castle welcomes over 250,000 visitors a year. The property has been the subject of considerable expenditure by the current owners in the last few years.
The extensive refurbishment has included the public areas, bedrooms and bathroom facilities as well as the café and bar.
Substantial investment has been made in equipment as well as fixtures and fittings so very little expenditure will be required by any purchaser in the short/medium term.

Planning permission was granted in July 2019 for the following works which offers further exciting potential for new owners: A single storey rear extension to form restaurant seating area, new doors and balconies to the first and second floors to the rear, first and second floor extension to front to create spacious ownersaccommodation, new terrace to the front and single storey side extension to form an entrance lobby.

Presently, the accommodation comprises:

Entrance Hall (2.5m x 2.0m)

With sideboard, Novo coffee machine and Francino espresso coffee machine.

Lounge (8.5m x 3.8m)

Lounge Bar with 6 armchairs, settee, 3 bar stools, 2 side tables, seating for 14, serving bar with under counter sink/drainer, under counter Polar drinks fridge, usual bar cooling facilities, various shelves, twin draft beer tap, feature ceiling lights and feature fireplace.

Dining (8.6m x 3.8m)

- furnished to a high standard and accommodating 18 covers with two feature fireplaces.

Kitchen (5.0m x 3.4m)

Commercial Kitchen - - equipped to a high standard including: 2 under counter Beko fridges, Frigidaire under counter freezer, Indesit under counter freezer, 3 door commercial bench fridge, 2 Buffalo commercial induction hotplates, 5 ring range/oven, Silver Crest fryer, Sirman panini toaster, 3 toasters, stainless steel prep table, Samsung commercial microwave, Class eq glass washer, Miele dishwasher, upright stainless steel fridge, hot water dispenser, sink with drainer, various kitchen units and cupboards, commercial griddle.

Utility (3.2m x 1.5m)

Utility/Store Room - with laundry shelving, Nice ice making machine, Bosch fridge/freezer, LG washing machine and Bosch tumble dryer.

Cloakroom

Unisex Toilets - newly built with 2 w.c.'s, fully tiled and with top quality fitments.

First Floor:

Landing

Bedroom 1 (3.8m x 2.7m)

First floor King size room with en-suite

Bedroom 2 (4.5m x 3.6m)

First floor King size with en-suite and sea views

Bedroom 3 (4.5m x 3.6m)

First floor King size with en-suite and sea views

Bedroom 4

Owners accommodation comprising 2 beds with Jack and Jill bath.

Second Floor:

Landing

Bedroom 5 (3.8m x 2.7m)

Second floor King size room with en-suite

Bedroom 6 (3.7m x 3.6m)

- Second floor King size room with en-suite

Bedroom 7 (3.7m x 3.6m)

Second Floor King Size room with en-suite and sea view

Bedroom 8 (3.8m x 2.7m)

Second floor Double room with en-suite and sea view

Please Note

All bedrooms benefit from wall mounted flat screen tv’s and tea/coffee making facilities.

Outside

Lovely mature landscaped gardens with 3 separate patios providing seating for 40 covers, car parking for 8 vehicles, store room (3.5m x 1.8m) with chest freezer and shelving, Shed with Beko freezer and Candy fridge.

Please Note

This is an ideal opportunity for a husband/wife team with seasonal part time staff. There is huge potential to increase both turnover and profit particularly with the re-opening of Tintagel Castle.

Turnover in 2019 was in excess of £150,000, a 15% increase on 2018. Turnover could be increased substantially more by an experienced catering operator wishing to take advantage of the bar and café. Room rates could also be increased as the current owner has just completed so many improvements.

Full accounts will be made available to genuinely interested parties.

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