5-7 THE CRESCENT

The Property is well situated on The Crescent, set just above Towan Beach providing access down to the shoreline. The Property is also extremely well located for the town centre.
The Property occupies a plot of around 0.26 acres and comprises in total 11,949 sq ft on a GIA basis. Formerly a 57 bedroom hotel, the Property has recently been part converted to provide a mix of co-working and events spaces. On the ground floor there is a restaurant and commercial kitchen as well as office and working space.
Externally, there are 8 car parking spaces to the front of the Property. At the rear of the Property is a large courtyard area, suitable for redevelopment, subject to obtaining planning consent.


EXISTING ACCOMMODATION

The ground floor currently comprises a restaurant with commercial kitchen, flexible working spaces and W/C facilities.
Additional meeting rooms and workspaces are provided across the first floor. Hotel accommodation (currently disused) is located in the northwest wing.
The second floor comprises additional hotel accommodation (currently disused). Some of the bedroom inventory has been removed and stripped ready for refurbishment. The second floor provides the sample bedroom which demonstrates a newly refurbished bedroom product. A self-contained, two-bedroom apartment is located on the third floor.
The Property is mid-conversion and as such requires refurbishment, offering a purchaser a significant value-add opportunity.
Please review the brochure for more details or contact Harriet or Miranda to receive additional information.