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Project Longstone

For sale: £8,000,000.00|Hotels, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£8,000,000.00
ADDRESSProject Longstone, Rock, Cornwall, PL27 6SD
TYPEHotels, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON6th January 2020

DESCRIPTION

•Opportunities to improve occupancy and increase yield on existing business
•In excess of 400 residents and guests on site during periods of high occupancy
•Extant planning permission to extend Spa facilities and add a Family Leisure facility (on a JV basis)
•Extant planning permission to develop a further 8 Luxury Contemporary Suites to provide super premium letting accommodation
•Ability to add rooms to hotel inventory via the Luxury Contemporary Suites and to trade as part of the hotel
•Opportunity to sell the retained hotel bedrooms as Investment Suites and to develop and sell the Luxury Contemporary Suites

LOCATION

Location: Project Longstone, Rock, Cornwall, PL27 6SD

AGENT'S DETAILS

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