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17 Bedroom Hotel & 5 Self-Contained Apartments For Sale

Newquay, Cornwall, UK
Asking Price:
£1,799,500
Sales Revenue:
Available on request
Cash Flow:
Available on request

A fantastic 17 ensuite bedroom hotel with 5 self-contained apartments and a 3-bedroom owner’s bungalow for sale, in one of Cornwall’s most desirable locations. Within a short stroll to a stunning beach, this highly successful owner operated business, has only now come to the market after nearly two decades and comes with lots of exiting potential and development opportunity. The property offers a large professionally installed bowling alley, 2 bars, 2 dining areas, well equipped kitchen and parking to the front and another large free hold parcel of land (car park) to the side of the property. Early viewings are highly recommended.
Porth Lodge hotel is situated on Porth Bean Road which leads down to the beautiful sand-swept beach in Porth. The area is lovely with a plethora of small little restaurants, beach bars and with the larger town of Newquay nearby. The location is easy to access and with many shops, supermarket, health centre, hospitals nearby. The area is known for its breath-taking coastal scenery and the property is ideally located with access out onto the A38 dual motorway, Newquay airport, train and bus station.

The hotel has been successfully owner operated with a brigade of staff when required and has earnt itself a fine reputation with locals and visitors alike. Because of the bowling alley, even when the weather is not so good, the hotel thrives from visitors seeking an indoor activity. Currently trading with 15 bedrooms because of extended family, even in the winter there is demand but the owners prefer to close to rest or vacation abroad. Should a buyer want to, there is scope to convert the bowling alley into a further 5-self-contained apartments and one of the bars could be easily converted to additional letting accommodation. There is lots of opportunity and trading accounts will be available following successful formal viewing.

Accommodation

Ground floor

Access over a car park and garden to the front through a glazed door into the reception hallway with a comfortable seating, smaller reception desk and turning staircase and doors to

Dining room  1 / lounge

5.43 x 4.05m

This room is both used for breakfast and as a general comfortable lounge. It has an ornate fireplace with inset electric coal effect fire, bay and patio door to the front of the property.

Bar 1

5.57m x 4.73m

This bar is mainly used in connection with the bowling alley and has a well-equipped bespoke bar area to one side and comfortable bench and individual seating for approx. 20 covers.

Dining room 2

10.01m x 4.06m

An additional dining breakfast room when busy and benefits from many tables and chairs for approx. 30 covers. An ideal function space with 2 x doors leading directly out on to the front of the hotel / car park and has many windows to the front and window looking into the bowling alley. At the far end are doors to

Ladies

2 cubicles and separate double hand wash facility.

Gents

1 cubicle, urinal and separate double hand wash facility.

Bowling alley

27m x 6.8m

A professionally installed 4 lane bowling alley. To the rear are both fixed and individual comfortable seating.

The old bar

The bar is situated to the left of the main entrance.

Area 1

5.13m x 4.56m

This is the first area when entering and has a pool table with seating for approx. 12. Large window to the front of the property.

Area 2

8.97m x 4.16m

A lovely cosy but open space with both fixed and individual seating for approx. 24. There are many windows to the side of the property and access to the bar.

BAR

The bar is well equipped with all the latest pumps, post mix, glass washer ice machine and ample space for general storage.

Owners accommodation

To the rear of the hotel is a spacious detached three-bedroom bungalow with a large L-shaped open plan lounge/ kitchen diner and bathroom. To the front is a good-sized garden and a large patio to the side with sea views.

Within the hotel, the owners also use two of the double rooms with access to a smaller private garden to the rear.

Outside

To the front of the property is a car park and garden area with many tables, comfortable sofas and individual seating together with parking for approx. 5 vehicles.

Parking

Belonging to the hotel next door is a substantial piece of land used for parking and could accommodate up to approx. 18/20 vehicles.

Fixtures and fittings

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

Services

Main’s electricity, water, gas, superfast broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Business rates

Please make enquiries on the local valuation website (VOA)

Tenure

Freehold

Viewings.

All viewings and enquiries are to be made through the agents, Ware Commercial.

Property Information

Property:

Freehold

Contact Ware Commercial

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