Turnkey 5-bedroom B&B with owners’ flat, parking and strong growth potential.
Five ensuite letting bedrooms, all furnished to high standard
Tinhay Mill Guest House is a substantial, newly renovated character property occupying a prominent position in Tinhay, on the edge of Lifton. With reputed origins around 500 years ago, the house combines traditional stone and slate character with high-standard refurbishment and turnkey presentation as a successful Bed & Breakfast. The layout includes five well-appointed ensuite letting bedrooms plus a spacious, self-contained two-bedroom owners’ apartment.
The business currently trades as a lifestyle B&B only, presented to a high standard with strong online reviews and repeat custom. The property offers an equipped commercial catering kitchen, reception office, guests’ breakfast/dining room, private owner’s garden and a gated tarmac car park with marked spaces for 7+ vehicles, garage and workshop — practical assets for continuing or expanding trade.
Buyers should note this business has been deliberately run below the VAT threshold with at least four full weeks closed each year and sporadic additional closures; accounts are available on request after viewing. The business website requires updating and the direct booking facility is no longer active. Heating and cooking use LPG. Despite these limitations, there is clear scope to increase occupancy, add evening meals or convert to a restaurant-with-rooms model for higher turnover.
This property will suit purchasers seeking a profitable lifestyle hospitality business in a rural, well-connected location — close to the A30 and local tourist draws — or investors aiming to scale trading and marketing. An internal viewing is recommended to appreciate the quality of the refurbishment and the operational layout.