WELCOME TO BOSCUNDLE MANOR ARRIVING AT IS LIKE STUMBLING UPON A WELL-KEPT SECRET.
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2 WELCOME TO BOSCUNDLE MANOR ARRIVING AT BOSCUNDLE MANOR IS LIKE STUMBLING UPON A WELL-KEPT SECRET. Boscundle Manor has its origins in the 18th century and comprises a two storey hotel of stone construction with an attractive projecting wing. The property has been extended in more recent years and during the current ownership has undergone complete renovation to create the stylish and comfortable hotel that it is today. The hotel rooms offer a mix of traditional and contemporary styles and include Demelza a self-contained one bedroom suite which was previously the owner s two bedroom accommodation. The hotel enjoys both conservatory and separate formal restaurants with a guest bar and indoor pool with outdoor hot tub. The grounds enjoy a secluded feel and whilst elevated have been thoughtfully planned and terraced to provide for a number of outside spaces that can be used by guests for events and general enjoyment. In addition there is a former outdoor pool, customer car park and particularly attractive fountain terrace which has been a supurb venue for marquee events. Further to this is a croquet lawn with thatched (licenced for civil ceremonies) gazebo, double garage/store, further outhouses and stores and additional access to the South East boundary. The current owners have created a wellregarded and successful hotel with solid trade history and profits. There is an adjoining residential property owned by our clients which may be available by separate negotiation. The hotel has been well managed by our clients who are now looking to pursue other business interests. 02
3 INVESTMENT HIGHLIGHTS Luxury country house hotel within 1 mile of Carlyon Bay and 1 mile of the Eden Project 18th Century grade II hotel with later additions in keeping with the age and style of the original building 13 guest rooms along with: Bar, Restaurant and Conservatory Restaurant Indoor swimming pool, Spa Treatment Room Grounds of 1.3 acres AA 3 Silver * (86%). Two AA rosette restaurant Same owners from 2002 Available with vacant possession as a transfer of a going concern 03
4 ACCOMODATION BEDROOMS 13 ROOM TYPES 5 Suites 7 Double/Twin 1 Single FOOD AND BEVERAGE 48 internal covers across two locations Restaurant (24) Conservatory restaurant (20) Bar Plans passed and listed Guest building Lounge consent for works to include the 12 bedroom and function suite extension (as completed) in addition LEISURE to a detached Indoor manager/staff swimming pool house. Former outdoor pool Further information is available Spa treatment via an room on line Virtual Data Room. Hot tub Croquet lawn ANCILLARY ACCOMMODATION Reception PARKING 20 spaces on site 04
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6 LOCATION & POINTS OF INTEREST Boscundle Manor is in a particularly convenient position on the edge of St Austell to enjoy both a woodland setting but also easy access to the south Cornish coast, the Eden project and St Austell itself. This makes it the perfect base to explore this most scenic of counties. EDEN PROJECT 1.0 MILE CARLYON BAY BEACH 1.0 MILE CHARLESTOWN 1.5 MILES PAR STATION 2.5 MILES FOWEY 6.0 MILES Boscundle Mannor - Historic Trading Results (Year Ending March) (in GBP 000s) NET TURNOVER 516, , ,239 NEWQUAY AIRPORT TRURO PLYMOUTH 16.0 MILES 16.0 MILES 37.0 MILES GROSS OPERATING PROFIT 396, , ,699 GOP % 76.9% 75.0% 73.7% EBITDA 125, , ,900 EBITDA % 24.0% 23.0% 16.3% LONDON Access to London via Newquay to London Gatwick 1hrs. 10mins Par to London Paddington 4hrs. 15mins 06
7 CONTACT US Viewing is strictly by prior appointment with Colliers International through: Ed Jefferson BSc (Hons) MRICS, FAVLP Hotels TENURE GUIDE PRICE 1.1M Freehold as a TOGC. EPC Exempt (Grade II Listed) A non-disclosure agreement will need to be signed by any interested party. 07
8 Property Ref: Colliers International 10 Temple Back Bristol BS1 6FL FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. TO VIEW All appointments to view MUST be made through the vendors agents who are acting with sole selling rights Misrepresentation Act: Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. May 2014 Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England & Wales with registered number OC Our registered office is at 50 George Street, London W1U 7GA. Misrepresentation Act: Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. May 2014 Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England & Wales with registered number OC Our registered office is at 50 George Street, London W1U 7GA.
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