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Commonwood Manor, St Martin's Road, Looe, Cornwall, PL13 1LP

£900,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • By Appointment of the Administrators
  • 10 en suite bedrooms. Stunning views
  • 2/3 bedroom owners accommodation
  • Large garden with swimming pool
  • Hotel not trading.
  • EPC Rating C
  • Christie & Co Ref: 3246736

Description

Description

Commonwood Manor is believed to have been built by an Italian/French Merchant and Musician in the 1890s as a Victorian family home. Its construction took inspiration from Italian Villas of the time with large light airy rooms and many French doors to maximise light and views over the river and valley.

Commonwood Manor was run as a popular bed & breakfast, however the business ceased trading in 2022 when the hotel was sold to new owners. Since then the hotel has remained closed. The hotel is now in need of refurbishment works throughout.

On behalf of Administrators CRG Insolvency & Financial Recovery, Christie & Co are instructed on the sale of Commonwood Manor.

Location

This well positioned hotel is located in the highly desirable harbour town and fishing port of East Looe in South East Cornwall. Its prime location overlooking Looe Valley gives easy access to the many visiting tourists. Looe is a great family resort with many restaurants and shops to visit all year round. Looe is 19 miles west of Plymouth and seven miles south of Liskeard, divided in two by the River Looe, East Looe and West Looe being connected by a bridge.

Ground Floor

Entrance/hallway
Reception
Lounge bar
Sitting room
Open plan kitchen & dining room
Library/second lounge
Laundry room
WC
Office
Stores

Letting Accommodation

The hotel comprises ten en suite letting bedrooms, of which nine are located on the first floor and one on the second floor. Nine bedrooms are double/twin or larger and one bedroom is a single.

External Details

Parking for approximately 16 vehicles approached via a winding driveway. Patio area and terrace suitable for al fresco dining with fantastic views across the estuary. Large mature gardens including an outdoor heated swimming pool.

Owner's Accommodation

Located on the second floor is a two bedroom owners apartment with en suite shower room.

In addition, there is an extra room room accessed via the corridor which could suit an extra bedroom or an office.

Trading Information

No trading information is available.

Development Potential

Commonwood Manor could suite alternative use such as redevelopment subject to any necessary planning consents.

Tenure

Freehold.

Business Rates

Rateable value with effect from 1 April 2023 £3,750. Please note this not what you pay in business rates. Your local council uses the rateable value to calculate the business rates bill.

Residential accommodation Council Tax band A.

Energy Performance Certificates

EPC 1

Brochures

Commonwood Manor, St Martin's Road, Looe, Cornwall, PL13 1LP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Looe Station0.2 miles
  • Sandplace Station1.8 miles
  • Causeland Station3.0 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3246736-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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