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Barrowfield Hotel, Hilgrove Road, Newquay, Cornwall, TR7 2QY

£2,850,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 80 en suite bedrooms
  • Restaurant with 170 covers
  • Coffee shop, reception and lounge bar
  • Ballroom with capacity for up to 130
  • Indoor swimming pool, sauna and solarium
  • 22 parking spaces. Energy Rating C
  • Christie & Co Ref: 3440626

Description

Description

Owned by our clients since 2007, the hotel is a substantial and profitable property & business, which has undergone good levels of investment in recent years.

A large proportion of bookings are for coach tour groups with an element of self-drive; with the majority of bookings currently supplied through our client’s existing tour group business.

Location

Newquay is Cornwall’s leading coastal resort town and is situated approximately 15 miles to the north of Truro and six miles to the west of the A 30. Newquay is home to eleven sandy beaches and various festivals and events, most notably Boardmasters which attracts another 50 000 visitors over one weekend in early August popular local tourist attractions include the Eden Project, the Lost Gardens of Heligan and the South West Coast path, which runs through the town The Hotel is situated to the north of Newquay town centre on Hilgrove Road, only 0 1 miles from the seafront and the beaches of Lusty Glaze and Tolcarne The town centre is in close proximity allowing for the Hotel to benefit from being easily accessible to the town’s various attractions and facilities.

Accessed via Hilgrove Road, Barrowfield Hotel is situated in a prominent position 200 yards from Tolcarne Beach The property affords excellent connectivity with the A 392 approximately 1 0 miles away Newquay Train Station is 0 4 miles from the property and benefits from a direct line to London Paddington Newquay Airport is 5 3 miles away and offers domestic and continental flight routes.

Internal Details

The hotel is arranged across the basement, ground and three upper floors. A two-story annexe is linked to the north of the main building.

The hotel offers extensive food, beverage, and events spaces:
Restaurant - 170 covers
Coffee Shop - 15 covers
Lounge Bar - 60 covers
Ballroom 130 covers

Leisure facilities include heated indoor swimming pool, sauna, and solarium. In addition, there is a games and snooker room

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Letting Accommodation

The hotel provides 80 en suite bedrooms.

External Details

The site extends to 0.6 acres.
Externally, there is parking for up to 22 cars

Trading Information

Account for the year ending September 2023 show net sales of £1,520,705. Further information is available on request.

Tenure

Freehold

Business Rates

£63,000 for the Hotel and premises

Energy Performance Certificates

EPC 1

Brochures

Barrowfield Hotel, Hilgrove Road, Newquay, Cornwall, TR7 2QY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newquay Station0.3 miles
  • Quintrell Downs Station2.0 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 3440626-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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