Thu, 26 Jun 2014 | COMMERCIAL PROPERTY
The Cornwall Hotel and Spa in St Austell, officially opened by Sophie the Countess of Wessex following a £30 million refurbishment in 2010, has been placed on the market for £7.5 million.
The site is on the Cornwall Estate and dates back to the Anglo-Saxon times. The estate was purchased by the Coode family in the early 19th century. The house that forms part of the Cornwall Hotel was built for the St Austell banker back in 1834.
The hotel today offers guests a four-star experience, with nine rooms located in the Grade ll listed manor house, and a further 56 in the Woodland Rooms built in 2008 and 2009.
The sale of the venue is being managed by Matthew Smith of Christie + Co in Exeter. He said: “Its 65 bedrooms, food and beverage facilities, spa and holiday lodge potential all come wrapped in a fantastic position – not just in terms of the estate itself, but also in its location in the heart of many of Cornwall’s most popular visitor attractions, such as the Eden project and the Lost Gardens of Heligan.”
Twenty-two privately-owned cottages on the 43-acre estate are managed by the hotel for the owners on short-term lets. The site also has planning permission for 36 holiday lodges.
In a prime location, this freehold business opportunity includes a detached, well-equipped bakery factory along with a retail outlet and cafe, all part of a family business with a century of trading history.
Established in key industries like power generation and rail, this company offers specialised electrical and engineering services across the UK and Ireland, boasting strong relationships with blue-chip clients and a reliable income stream.
This well-established company has a decade-long track record in a growing market and is fully relocatable or can be operated remotely, providing flexibility for the new owner.
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