A rare opportunity to acquire a landmark hotel, located within one of Cornwall's finest sea-fronting positions. Membly Hall has been owned and operated by our client's family for over 70 years, and comprises 37 guest bedrooms, 2 bedroom owner's accommodation, vast communal areas, plentiful parking and boasts exceptional, uninterrupted, far-reaching views over Falmouth Bay and beyond.
- Asking Price:
- £3,200,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- £500K - £1M
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
2 bedroom self-contained owner's accommodation.
- Location:
-
Occupying a prime position on Cliff Road, along Falmouth’s seafront, the property enjoys a slightly elevated position with many rooms benefiting from unobstructed, due southfacing views, across the entire breadth of Falmouth Bay, from Pendennis Castle, and the mouth of the Fal Estuary, to the shoreline of The Lizard peninsula and The Manacles. Gyllyngvase Beach and highly popular Gylly Beach Cafe are within a circa 5 minute walk of the property. A broadly level walk leads to Castle Beach, beyond which is the picturesque circular walk around Pendennis Point and Castle. The South West Coast Path leads from Gyllyngvase Beach to Swanpool Beach and beyond, to Maenporth, Rosemullion Head and the beautiful Helford River. The town centre is approximately 15 minutes’ walk away, offering a plethora of shops, bars and restaurants. Although there is a car park at the property, Falmouth Town Station is just a circa 10 minute walk away, providing regular train services to and from Truro, which is on the main Penzance to London line (Paddington).
- Premises Details:
-
A three-storey detached building encompassed under a multipitched tiled roof. In addition to extensions to the side and rear elevations encompassed under what we assume are flat roofs (from external inspection). We understand the property was originally two separate properties, subsequently merged into one. There are 37 guest bedrooms in total – 9 single rooms and 28 twin/double rooms. Additionally, there is a reception area, bar/lounge, restaurant and commercial kitchen. To the rear is a self-contained 2 bedroom owner’s apartment. The property benefits from an internal lift. There are approximately 30 car parking spaces as well as a separate owner’s garage. There is a more recent ‘sun terrace’ addition to the side of the site where guests can enjoy a pleasant area to sit out and enjoy the mesmerising views.
- Size in square feet:
- 17,000
- Planning Consent:
-
C1.
