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Guest house for sale
7 Bedroom Guest House & Restaurant Located In Little Petherick
£1,275,000
7 Bedroom Guest House & Restaurant Located In Little Petherick
£1,275,000
Price History
Initial price | £1,350,000 |
25/07/23 | £1,275,000 |
Price Change | -5.56% |
Description
The Old Mill House is a 7 bedroom Guest House located in the Cornish hamlet of Little Petherick, near Padstow. The business has been established for over 60 years and has been in the careful hands of the current owner for the past 9 years. The property dates back to the 16th century and is a Grade II listed building and former corn mill. The business is owner-operated with the help of 4 part-time members of staff and has an annual turnover of £350,000. The property has undergone significant investment and refurbishment, including the installation of a Bistro with 25 seats, and has a strong reputation within the local community and beyond. The business enjoys a high level of regular and repeat trade and has the potential to increase revenue by offering lunches and cream teas. The large and beautifully kept garden could also make a great wedding venue.