Grade II listed manor house hotel in Cornwall on the market
Specialist business property adviser, Christie & Co, has been instructed to sell Penmere Manor Hotel, a historic hotel set within a Grade II listed manor house in Falmouth, Cornwall.
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Penmere Manor is an impressive Georgian property built in around 1825 by a captain of the Cornish Packet Service, giving the hotel strong ties to Falmouth’s maritime history. The building has been extended over the years to include 37 en suite bedrooms, a restaurant and bar, function facilities, and a leisure club including pool, gym and sauna, allowing it to operate as a modern hotel while preserving its historical character.
The hotel has been owned by the Moore family since 2008, during which time it has developed a strong reputation with both leisure and business guests. After nearly two decades of stewardship, the family has now taken the decision to sell the business in order to retire.
While Penmere Manor is an established and profitable hotel, the business presents a new owner with significant opportunities for future growth. Potential avenues include increasing off‑season occupancy, attracting greater non‑resident use of the restaurant, expanding the events and functions side of the business, and exploring the development of further facilities within the hotel’s extensive grounds, subject to planning consent.
Stephen Champion, Director – Hotels at Christie & Co, who is managing the sale, added, “Penmere Manor offers visitors a rare sense of seclusion while still being located just a short distance from Falmouth’s vibrant centre. Buyers are equally likely to be drawn to the property’s exceptional location, beautiful building and grounds, as well as the superb business opportunity it presents. We expect this wonderful hotel to attract strong interest from a wide range of prospective purchasers.”
Penmere Manor Hotel is on the market freehold with an asking price of £2,000,000.
For more information about this property, click here: https://www.christie.com/3440694/
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