Excess of £8,000,000

Project LongstoneRock, Cornwall

    Key features

    • Landmark Hotel and Spa in one of Cornwall's most exclusive locations
    • Developed to the highest standards to create a Landmark Art Deco building
    • 55 bedroom Hotel, 15 three bed Apartments
    • 38 two, three and four bedroom Holiday Villas
    • 2 Restaurants and Hotel Bar
    • Cowshed Spa
    • Established business with a diverse range of revenue streams
    • Year on year increases in EBITDA

    The sale of St Moritz offers an opportunity to purchase one of Cornwall’s leading hotel and spa operations for the first time since its development in 2008.

    About this property

    • •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

    An extremely rare opportunity to acquire one of Cornwall's very best hotels

    James GreensladeProperty agent