Country Charm B&B / Forest & Stream Cottages
Murray Harbour, PE
Offered for sale at 719,900 CAD
20 acre revenue property, 2 houses, 3 room 4 star B&B, 5 Cottages and a Loft apartment. Must be seen to fully appreciate the property and the business. A perfect semi retirement venture. It has served us very well over 10 years of early retirement. Has allowed us to keep our RRSP's intact and enjoy a great lifestyle. Yes, it is hard to believe that anyone would want to leave this property! Due to health concerns we unfortunately must sell and are very motivated to do so. It is time for some lucky couple to take advantage of this opportunity to enjoy operating Country Charm Bed & Breakfast and Forest & Stream Cottages as we have enjoyed for past 12 Years.
This absolutely amazing property is located in the south eastern corner of PEI on Points East Coastal Drive, near the small fishing village of Murray Harbour, just 20 minutes from the Wood Island Ferry.
Our property is a turn key tourism operation featuring a year round 4 star B&B, 5 three star seasonal cottages, a year round loft suite and a year round guest home for either short term guests, long term tenants or extended family.
Our 20 acre property is a tranquil and secluded located at the end of Fox River Road, featuring a semi-private 1 kilometer long lake originally formed by a dam for the site of a grist mill. A year round stream exits the lake into tidal salt water that runs to Murray Harbour. The possibility exists for this stream to generate electric power. This fresh water lake has an abundance of speckled trout. About 2 acres of lawn surrounds the main house, cottages and 2nd home. The cottages and 2nd home are nestled into the trees. The remainder of the 20 acres is mixed forest of birch, spruce, pine, poplar, and tamarack. Walking trails allow access at the north end of our property to Confederation Trail which is a section of Island wide biking and hiking trail. Truly a nature lover's paradise alive with small wildlife and birds.
Our goal is to provide our guests with surroundings that offer relaxation, closeness to nature, the comfort of home with an abundance of activities on-site or very close by.
We market the business under two names, Forest and Stream Cottages and Country Charm B&B; Forest and Stream Cottages consists of our 5 housekeeping cottages and a guest home. This second house is advertised as an executive cottage or guest home. Country Charm B&B consists of three rooms in the main home and our loft suite above the workshop. There are two websites that promote the business; http://www.CountyCharmPEI.com and http://www.forestandstreamcottages.com. Paste these web addresses in your browser to view the web pages.
Other buildings on our property include a 2 plus car garage that has been made into a full woodworking shop. The loft suite is situated above, and a coin laundry exists at the end of the building. The workshop includes some of the power tools including, radial saw, dust collection system, miter saw and others. The workshop and loft are heated by a wood/oil boiler. This boiler also supplements heat in the main house saving 30 to 50% of oil costs in the winter.
There is also a large metal wood shed that stores up to 6 cords of wood and a 10 X 20 storage building. As a turn key operation there are many things included with the sale; lawn and garden equipment, most furniture and appliances, tools, computer, software, and business history and guest lists to mention a few.
There is just too much to mention, so we have included more detailed information in the way of a PDF feature sheet that can be found at the very bottom of this page or www.countrycharmpei.com/for-sale/ More images and an abundance of information is available on our two websites. We encourage you to look at all of these documents. http://www.countrycharmpei.com/fact-sheet/ lists all that is included in the sale.
This business generates ample revenue that will provide the opportunity for early retirement and enjoy a relaxed lifestyle.
Escape the r
- 15 Guest Rooms
- 12 Guest Room Baths
- Has Owner's Quarters
- Built in 1996
- Last Renovated in 2013
- Opened in 1996
- Building is 2,200 SQFT
- Lot is 20 Acres
- Photo Gallery
- Property Website
- Offered for sale at 719,900 CAD
- Occupancy Rate: 60 to 97%
- Average Daily Rate: 125
- Annual revenue is 95,000 CAD
- Terms: Has ability to grow to $100k revenue