23 Regent Terrace, TR18 4DW

12 Bedroom Commercial Property for sale in Cornwall

ALL SERIOUS OFFERS CONSIDERED.

Lovely sea views over Mounts Bay to Jubilee Pool, St Michaels Mount and beyond from this impressive Grade II Listed guest house, located in one of the most sought-after areas of Penzance, just off the Promenade with easy access to many amenities. The property has run successfully over recent years with good income figures, which can be made available. The Stanley offers spacious accommodation throughout, large sun terrace to the front of the property, and would revert to a large family home, subject to any necessary planning permissions. There are 12 en suite bedrooms along with a self-contained owner accommodation, which, at the present time, the vendor occupies the self-contained area plus three guesthouse bedrooms. A particularly attractive feature is the large terrace to the front of the property, which is of a south-westerly direction with sea views over Mounts Bay and just a short stroll onto the Promenade. The Stanley is close to the main Harbour of Penzance, which has sailings to the Isles of Scilly and the guesthouse benefits greatly from it. The main town of Penzance is only a short walk away, the Promenade has the famous Jubilee Pool, being of Art Deco design, which adjoins the Promenade. 

Property additional info

ENTRANCE HALL:
Opening up into:

DINING ROOM: 20' 9" x 12' 8" (6.32m x 3.86m)
Lovely sea views over Mount's Bay to Newlyn, Jubilee Pool and beyond, night storage radiator.

CLOAKROOM:
White suite comprising low level WC and wash hand basin.

BEDROOM ONE (DOUBLE): 13' 1" x 12' 4" (3.99m x 3.76m)
Built in wardrobe.

EN SUITE SHOWER ROOM:
Low level WC and shower cubicle.

LOBBY:
Steps down to:

KITCHEN: 12' 10" x 11' 2" (3.91m x 3.40m)
Stainless steel twin bowl sinks with cupboards below, extensive range of fitted wall and base units, worksurfaces and powerpoints, small breakfast bar area, built in oven, four ring hob and extractor hood, space for American style fridge freezer, plumbing for dishwasher, two sky lights.

UTILITY ROOM:
Plumbing for washing machine, worksurface over.

OWNERS LOUNGE: 21' 11" x 11' 6" (6.68m x 3.51m)
Lovely sea views over Mount's Bay towards Newlyn and beyond, oak flooring, built in cupboard.

OWNER BEDROOM: 12' 2" x 9' 0" (3.71m x 2.74m)
Lovely sea views over Mount's Bay, oak flooring and door to:

LOBBY:
With access to outside.

EN SUITE BATHROOM:
White suite comprising oval shape semi-sunken bath, pedestal wash hand basin, low level WC, walk in shower with glazed screen.


Stairs from dining room to:

FIRST FLOOR

BEDROOM TWO (DOUBLE): 12' 3" x 11' 1" (3.73m x 3.38m)
Wash hand basin.

EN SUITE SHOWER ROOM:
White suite comprising wash hand basin, low level WC, shower cubicle.

BEDROOM THREE (DOUBLE): 12' 3" x 9' 4" (3.73m x 2.84m)
Lovely sea views over Mount's Bay to Jubilee Pool and beyond.

EN SUITE SHOWER ROOM:
White suite comprising pedestal wash hand basin, low level WC, shower cubicle.

BEDROOM THREE A (DOUBLE): 12' 3" x 10' 1" (3.73m x 3.07m)
Lovely sea views over Mount's Bay to Jubilee Pool and beyond.

EN SUITE SHOWER ROOM:
White suite comprising pedestal wash hand basin, low level WC, shower cubicle.

BEDROOM FOUR (DOUBLE): 11' 5" x 10' 6" maximum (3.48m x 3.20m maximum)
Lovely sea views over Mount's Bay to Jubilee Pool and beyond, double aspect room.

EN SUITE SHOWER ROOM:
White suite comprising pedestal wash hand basin with cupboards below, low level WC, vanity unit, shower cubicle.

BEDROOM FIVE (SINGLE): 10' 6" x 8' 6" (3.20m x 2.59m)
Lovely sea views.

EN SUITE SHOWER ROOM:
Comprising wash hand basin, low level WC, shower cubicle.

BEDROOM SIX (FAMILY ROOM): 15' 2" x 9' 11" (4.62m x 3.02m)
Sea views towards Newlyn.

EN SUITE SHOWER ROOM:
Coloured suite comprising pedestal wash hand basin, low level WC, shower cubicle.


Stairs from landing to:

SECOND FLOOR LANDING:
Built in owners cupboard.

OWNERS BEDROOM (DOUBLE): 15' 0" x 9' 5" (4.57m x 2.87m)
Sea views towards St Michael's Mount.

EN SUITE SHOWER ROOM:
Wash hand basin, low level WC, shower cubicle.

BEDROOM SEVEN (DOUBLE): 18' 0" x 7' 5" (5.49m x 2.26m)
Velux window with lovely sea views over Mount's Bay.

EN SUITE SHOWER ROOM:
White suite comprising pedestal wash hand basin, low level WC, shower cubicle.

BEDROOM EIGHT (DOUBLE): 11' 5" x 8' 10" (3.48m x 2.69m)
Velux window.

EN SUITE SHOWER ROOM:
White suite comprising wash hand basin, low level WC, shower cubicle.

BEDROOM NINE (SINGLE): 9' 5" x 8' 4" (2.87m x 2.54m)
Lovely sea views .

EN SUITE SHOWER ROOM:
White suite comprising wash hand basin, low level WC, shower cubicle.

BEDROOM TEN (FAMILY ROOM): 14' 3" x 12' 9" maximum (4.34m x 3.89m maximum)
Lovely sea views over Mount's Bay towards St Michael's Mount, Newlyn and beyond.

EN SUITE SHOWER ROOM:
White suite comprising wash hand basin, low level WC, shower cubicle.

OUTSIDE:
To the front of the property is a large terrace area, being of a south-westerly direction and having sea views over Mount's Bay.

SERVICES:
Mains water, electricity and drainage.

BUSINESS RATES:
Approximately a rate of value of £10,250 pa (VOA website 2023 list) Any purchaser should confirm actual rates payable with the local billing authority (www.voa.gov.uk)


The business has been run as a successful guest house for some years with a tariff ranging from £70 to £130 per night. The business has traditionally traded up to the VAT threshold, being Easter to the end of October, to the year ending 2023 the current vendor produced a turnover in the region of £120,000, figures of which can be made available to any interested parties.

FIXTURES AND FITTINGS:
The majority can be made available within the sale.

AGENTS NOTE:
We understand from Openreach website that Ultrafast Full Fibre Broadband (FTTP) is available to the property. We tested the mobile phone signal for Vodafone which was good. The property is constructed of granite under a tiled roof.

Important information

This is not a Shared Ownership Property

This is a Freehold property.

Property Ref: 111122_J04-a