FOR SALE

WHEAL TOR HOTEL Offers in the region of HILL, PENSILVA, , , PL14 5PJ £590,000 – Freehold WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

SUMMARY

• 8 letting bedrooms • 8 glamping pods • Bar and restaurant • Well established business • Stunning views • 2 lodges WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

INTRODUCTION Wheal Tor is the highest inn in Cornwall nesting 996 ft above sea level on Caradon Hill a truly stunning location with some of the best views in Cornwall. The Property trades all year round and is a popular haunt of locals, walkers and visitors alike. There are Extensive grounds of just under 2.5 acres on the edge of Moor. The premises were once home to Captain Seccombe. He managed the prosperous East Caradon copper and tin mine and the original window from which the miners were paid is still in existence. After the mining boom came to an end Wheal Tor became East Caradon Farm and then operated as a pub and hotel from the early 1970s. Located in the heart of Cornwall the property is a short distance from and is equidistant between the A30, A38 and A388. The property is renowned for its secluded, peaceful location and excellent views. Wheal Tor comprises an 8-bedroom hotel, bar, restaurant and function room as well as a hugely popular glamping business comprising 8 hobbit houses which each sleep 4 persons. WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

THE PROPERTY: woodland and both rooms share a shower room with under floor heating GROUND FLOOR The Cabe (room 6) Bar and restaurant focused around a central bar servery ample for 45 covers. A family room sleeping up to 4 guests, with a 4 poster bed, double aspect view onto woodland and moors, en suite Large function room licensed for 85. shower room with under floor heating, TV, wifi, tea and Service areas located to the side of the property coffee making facilities comprising; commercial catering kitchen and extensive The Buny (room 7) storage areas. A large room, light and airy with a far reaching view of the FIRST FLOOR moors and Cornwall, king size bed, a single bed, TV, tea Letting Accommodation and coffee making facilities, large bathroom with a bath with a shower combined There are 8 en suite letting bedrooms described as follows; The Buddles (room 8) The Stampers (room 1) A perfect room for those wishing to bring their dogs, private garden and entrance, double bed with en suite, TV, A twin with an en suite shower room, view onto woodland, wifi, tea and coffee making facilities and views onto TV, wifi, tea and coffee making facilities. woodland. Minions (room 2) A double with a comfortable king size bed, view onto woodland, en-suite shower room with under floor heating, TV, wifi tea and coffee making facilities. The Hurlers (room 3) A single en-suite with a view onto woodland, TV, wifi tea and coffee making facilities The Cheesering (room 4) A double with a comfortable double sleigh bed, a view onto the woodland, en suite shower room with under floor heating, TV, wifi, tea and coffee making facilities The Seccombe (room 5) A family room, with a comfortable king size bed, view onto woodland, TV, wifi, tea and coffee making facilities, adjoining room has a set of bunk beds with a view onto WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

PRIVATE ACCOMMODATION Located at First floor is a large private flat comprising of two double bedrooms, a kitchenette and living area. OUTSIDE Property sits in approximately 2.5 acres which includes lawned areas and ample hardcore car parking. The grounds also include a large shower/toilet facility for those camping or glamping and a fire pit for camp fire nights. HOBBIT HOUSES Located within the grounds are 8 four berth “hobbit houses” all have; a double bed, single bed & a camp bed so are ideal for a family. Communal bathing and washing up facilities are provided. LODGES 2 six berth lodges are also located within the grounds and are operated on a similar basis. ADDITIONAL ACCOMMODATION Our clients have recently completed the construction of a fantastic holiday cottage which will be available by separate negotiation with an asking price of £600,000. Further information can be obtained from the selling agents. WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

THE BUSINESS VIEWING Our clients inform us that the hotel’s total net sales All appointments to view MUST be made through the average in the region of £210,000 per annum (net of VAT). vendors’ agents who are acting with sole selling rights. The cottage (available by separate negotiation) is yet to DIRECTIONS come online, 2019 will be its first year of operation, the Located on the south eastern edge of Bodmin moor letting agents forecast net revenue in the region of equidistant between the A30, A38 & A388 the post code £55,000 for the year. for sat nav is: PL14 5PJ. Our clients trading profit and loss account to the year Launceston 11 miles, Plymouth 21 miles and Exeter 52 ended 31st March 2018 showed net sales of £211,708 a miles. gross profit of 60.76% was achieved Further accounting information will be made available after a formal viewing, with the vendors consent. Our clients currently operate a website for the promotion of the business; http://bodminmoorhotel.co.uk/ LICENSE We are informed a premises licence is held. SERVICES We are informed the property benefits from all mains services. PRICE £590,000 is sought for the freehold property complete with goodwill and trade contents (subject to inventory), but excluding personal items. Stock at valuation in addition. As mentioned previously a neighbouring cottage is available by separate negotiation. 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. WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Ed Jefferson BSc (Hons) MRICS FAVLP Tel: 0117 917 2011 Email: [email protected]

Property Reference; 308123

Colliers international 10 Temple Back Bristol BS1 6FL www.colliers.com/uk/hotels

Disclaimer 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 employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. JAN 18. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels WHEAL TOR HOTEL, CARADON HILL, PENSILVA, LISKEARD, CORNWALL, PL14 5PJ

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Ed Jefferson BSc (Hons) MRICS FAVLP Tel: 0117 917 2011 Email: [email protected]

Property Reference; 308123 Disclaimer 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,Colliers international 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 employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. JAN 18. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in 10 Temple Back Bristol England & Wales no. 7996509. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels BS1 6FL www.colliers.com/uk/hotels