TypeHotel

TR11 Membly Hall Hotel, Cliff Road, Falmouth

TenureFor sale

Membly Hall Hotel, Cliff Road, Falmouth, TR111/11

Specification

Building size
Building size16,878sqft
Land size
Land size0.71acres
Property type
Property typeHotel
Tenure
TenureFor sale

Description

Seafront hotel affording splendid views of Falmouth Bay and the majestic Cornish Coastline

The property is steeped in history; during the Second World War, the freehold site comprised two houses, which were used by the Royal Navy to house personnel stationed at The Docks. The grounds surrounding the hotel were also used during the war as a base of operations for the raid on 'St Naziere' which was an operation to attack a dry dock in Normandy by British Forces on March 28th 1942.

The hotel has been owned and operated by our clients for over 65 years. Approximately half of the business's revenue is derived from coach trips. Bookings are received directly through the website, telephone, and OTAs. There are a healthy level of forward bookings over the next two years.

To the rear of the hotel is a spa comprising a sauna and hot tub. The spa is available to residents only.

Our clients have significantly invested into the hotel, most recently replacing the electrical work. There remains the opportunity to undertake a targeted capital expenditure program to invest into the public areas and room stock in order to drive average room rates.

The business currently trades as full service hotel.

The business currently trades through its own dedicated website which can be found at: https://www.memblyhallhotel.co.uk/

The property comprises a 0.714 acre site broadly rectangular with a building coverage of approximately 40%. The property is not listed but it does sit within a conservation area. The property is not within a prohibitive flood zone and is within a settlement boundary. The property currently has a C1 hotel consent. We ask all parties to satisfy their own enquiries.

The property is available by way of transfer of 100% of the shares of Membly Hall (Falmouth) Limited, or an asset TOGC.

Strictly by appointment with Savills. Prior to making an appointment to view we strongly recommend that you discuss any particular points which are likely to affect your interest in the property with a member of staff who has seen the property in order that you do not make a wasted journey.

Prominent seafront location with excellent sea views

37 en suite bedrooms

Two bedroom manager's accommodation

Parking for 30 cars

Two EV charging points

Restaurant with 130 covers

Lounge bar

Hot tub and sauna

Freehold site extending to approximately 0.714 acres

Opportunity to invest in a targeted capital expenditure or redevelop the site comprehensively (STP)

Location

Cornwall is renowned for its glorious countryside, striking coastline and unique attractions. Spanning 422 miles, Cornwall has the longest coastline of any county in England. Tourism makes up about 25% of the Cornish economy, with approximately 5 million annual tourists visiting the region and spending £2.4 billion.

The town of Falmouth is one of Cornwall's gems, with its fascinating maritime heritage and modern creativity. Based around a thriving harbour, Falmouth has been shaped and influenced by its strong connection to the sea and is building a name for itself as one of the South West's leading cultural and festival destinations. Falmouth University is home to around 5,000 students. Falmouth is one of the best sailing locations in the UK due to its sheltered deep harbour and as such is home to numerous sailing schools. The town has many art galleries and venues showcasing independent films, media and live bands.

Amenities

Site area 0.714 Acres

30 car spaces

37 Bedrooms with en-suite

130 cover Restaurant

Lounge Bar

Hot Tub & Sauna

Map