Skip to content

The Glendeveor, 25 Mount Wise, Newquay, Cornwall, TR7 2BQ

£995,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

Ask agent

SECTOR

Hotel for sale

Key features

  • 33 en suite letting bedrooms
  • Sizeable owners accommodation
  • Trading as a Bed & Breakfast
  • Dining room and bar lounge
  • Operates six months of the year
  • Sea views. Private car park. Energy Rating B
  • Christie & Co Ref: 3440627

Description

Description

The Glendeveor Hotel operates from a substantial detached property located close to all that Newquay has to offer. Our clients have owned the hotel since 2005, during which time they have carried out various improvement works to the property and as a consequence the hotel is presented in good order throughout.

Our client changed the hotel's operating model a few years ago to Bed & Breakfast only in order to simplify the operation and increase profits. The hotel offers a self-service continental breakfast to guests which is open from 8am to 10am. The hotel does not offer evening meals as there are a plethora of restaurants in the local area for guests to frequent, however the hotel does have a small 'guest kitchen' with a microwave, fridge etc for guests to prepare basic evening meals if needed. The hotel has a bar lounge, however our client chooses not to operate the bar. Also available to guests is a self service coin operated laundry room. Our client chooses to operate the hotel for around six months of the year from April through to the end of September.

The business is well positioned for a new owner to take over and offers plentiful opportunity for a new owner to increase the hotel revenues.

Location

The Glendeveor sits in an elevated position upon Mount Wise Road enjoying excellent sea views from many of the front facing rooms. The hotel is just a two minute walk from the town centre and five minute walk to Towan Beach.

Located on Cornwall’s Atlantic Coast, Newquay has previously been voted as “One of the Nation's Favourite Seaside Towns” in the prestigious Which Holiday Survey, “Best Family Holiday Destination” by readers of COAST magazine, and has won Gold for “Best Seaside Towns for Families” by Days Out with the Kids. Newquay also has some of Cornwall’s finest beaches. Newquay makes not only a fantastic holiday destination, but a perfect location to explore all that Cornwall has to offer.

Newquay is easily accessible via its own international airport, which has regular flights to major cities across the UK and Europe. Newquay also has a mainline railway station with links to London and the rest of the UK. The town is also accessible via the main A30 dual carriageway and A392.

Internal Details

Breakfast room/restaurant - seating for up to 50.
Residents lounge bar with central bar servery, pool table and seating for up to 40.
Guest kitchen - domestic kitchen units with basic cooking facilities including a microwave, toaster, kettle, sink. fridge plus cutlery and crockery.
Guest laundry room - coin operated washer and dryer plus iron and ironing board.
Reception /office.
Commercial kitchen.
Hotel laundry room.
Ladies & Gentlemen's WCs.
Two integral garages, both accessible from inside the hotel.

Fixtures & Fittings

Trade fixtures and fittings are included in the sale.

Letting Accommodation

The hotel has 33 en suite letting bedrooms comprising:
2 x Large sea view double rooms.
6 x Small sea view double rooms.
7 x Standard double rooms.
2 x Small double rooms.
6 x Twin room.
2 x Single rooms.
5 x Standard family rooms (1 x double bed & 1 x single bed).
3 x Large family rooms (1 x double bed & 2 x single beds).

External Details

To the front of the hotel is a terrace and garden area with seating for use by guests.

To the rear of the hotel is a private car park with space for at least 22 vehicles.

The total plot size measures approximately 0.432 acres.

Owner's Accommodation

When our client first purchased the hotel the owners accommodation was arranged as a six bedroom apartment, however it has since been reconfigured to create the below layout. The accommodation is very flexible and could be reconfigured again to suit a new owners needs.

1 bedroom owners accommodation with a large en suite bedroom and large 30ft x 16ft open space kitchen/living room area. The apartment also has its own private roof terrace.
1 bedroom self contained flat.
2 x staff rooms with shared kitchen and bathroom.

Staff

The business is run by our client, assisted by a small seasonal team of staff.

Business Rates

Rateable value with effect from April 2023 £26,250. Please note this is not what you pay in business rates or. Your local council uses the rateable value to calculate the business rates bill.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

The Glendeveor, 25 Mount Wise, Newquay, Cornwall, TR7 2BQ

NEAREST STATIONS

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

These notes are private, only you can see them.

Disclaimer - Property reference 3440627-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.

Map data ©OpenStreetMap contributors.