13 bedroom hotel for sale

St. Austell, Cornwall, PL25

£1,250,000

Property Description

Full description

INTRODUCTION

Boscundle Manor is an 18th Century Grade II listed Manor House that was constructed as a home for the mine captain of Wheal Eliza Consoles, one of the most prosperous tin mines in Cornwall. The property has been a hotel for approximately 30 years. There are 13 letting suites, indoor swimming pool, former outdoor pool, bar & restaurant as well as a two-bedroom cottage for owners.
The gardens and grounds extend to 1.7 acres (unmeasured) and are a feature of the property, it is also possible to erect a marquee within the grounds which is particularly popular for weddings.

LOCATION

Boscundle is well located to enjoy both a tranquil rural setting but also has easy access to the Cornish Coast, the Eden project & St Austell itself.

THE PROPERTY

The main house stands detached, is Grade II listed, and is constructed in the main of local stone to a series of pitched slate roofs. The property is arranged over two floors with bar, restaurant & service areas at ground floor with letting accommodation at first floor. The owner's accommodation is located within the grounds and is a single story building of stone construction with a pitched slate roof.
The building is approached from a gravel car park and has an attractive stone façade with a large white portico entrance.

GROUND FLOOR:

Entrance hall way leading to the hotel reception desk and the lounge area, this is comfortably furnished for 8.
The main restaurant has a feature fireplace, wood stripped floors and French style doors opening out onto the terrace. The room is normally laid out for up to 24 covers but up to 40 can be accommodated for private functions.
The bar is located at the center of the building, has daylight from a ceiling lantern and features unique bamboo style furniture for up to 15 people. The conservatory is located off the main reception/lounge area and is often used for breakfast or private dining for up to 20 covers.

SERVICE AREAS:

Commercial kitchen with wash up and prep areas, various stores, laundry room, small cellar under the bar, wine store, staff changing room & WC.

OUTSIDE:

There is a wide and attractive entrance on to the lane and the drive rises to the gravel car park which is outside the front door. On the left of the door, and outside of the restaurant, is the terrace and steps go on up to the lawns which rise in a number of terraces up the garden. Double garage. Log store and dry store.

LETTING ACCOMMODATION:

There are 13 en suite letting rooms comprising;
5 suites
7 double/twin
1 single
Each of the rooms is individually decorated and is equipped with; tea and coffee making facilities, iron, ironing board, fridge, fan, electric heater, bath robes, Roberts radio, Wifi, flat screen TV, telephone, trouser press, hair dryer and a safe.
One of the suites, Demelza, was previously used as the owner's two bedroom flat, it can also be accessed from outside the hotel. Utilising this as owner's accommodation would free up the cottage for use as letting accommodation or holiday letting, subject to the necessary consents.

PRIVATE ACCOMMODATION:

Located at the top of the grounds with a private garden is the owner's private cottage, this comprises two en suite bedrooms, kitchen diner and large patio. Historically we believe this building has been used as letting rooms.

BUSINESS:

Certified trading accounts are held to the yearend 31st March 2015. These show net sales of £595,555 with a gross profit of £443,568 (74.5%).
We are in possession of management figures which show annual net sales of;
April 2015 - March 2016 £509,989
April 2016 - March 2017 £460,719
April 2017 - March 2018 £444,541
Further trading information may be available upon request, after a formal viewing, with the Fixed Charge Receivers permission.
A website is currently operated for the promotion of the business www.boscundlemanor.co.uk
The current rateable value of the property is £50,000.

LICENSE:

We are informed both a premises license and a civil wedding license are held.

SERVICES:

Mains water, electricity and sewage (1 of the bedrooms is on a separate septic tank). LPG for cooking and oil fired central heating.

PRICE:

Freehold offers over £1,250,000 complete with goodwill and trade contents (subject to inventory), but excluding personal items. Stock at valuation in addition.

Interested parties are requested to submit their best and final offer for the freehold interest in Boscundle Manor to ed.jefferson@colliers.com by 12 noon on Friday 24th August 2018. Offers must be accompanied by proof of funding or offers of finance. The vendors reserve the right not to accept the highest or any offer.

FINANCE:

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW:

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.
There will be a number of viewing days throughout the marketing process, please contact the agents for further details.

DIRECTIONS:

The hotel is sign posted of the A390 just to the East of St Austell. If you are coming down the A30 turn South (left) onto the A391 which will be sign posted St Austell and then stay on the A391 until the intersection with the A390 after a number of roundabouts. Turn left and then left again within a few hundred meters. The hotel is on the left approximately 100 meters up the lane.

- Eden Project 1 mile
- Carlyon Bay 1 mile
- Charlestown 1.5 miles
- Par Station 2.5 miles
- Fowey 6 miles
- Newquay Airport 16 miles
- Truro 16 miles
- Plymouth 37 miles


Nearest stations

  • Par (1.9 mi)
  • St. Austell (2.1 mi)
  • Luxulyan (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Bristol

Ground floor, 10 Templeback, Bristol BS1 6FL

0117 407 2383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Par (1.9 mi)
  • St. Austell (2.1 mi)
  • Luxulyan (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Bristol

Ground floor, 10 Templeback, Bristol BS1 6FL

0117 407 2383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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