FOR SALE Exceptional Development Or Business Opportunity

08449 02 03 04 gva.co.uk FOR SALE Exceptional development or business opportunity

O n behalf of Mr C. Scholfield

n Former hotel set in a commanding position above highly desirable Polzeath beach

n Planning permission for redevelopment to include 18 bed hotel, 9 apartments and restaurant/bar

n Approximately 0.221 ha (0.546 acres) gross site area

n Fantastic views over Polzeath and out to sea

n 5.9km (3.7 miles) from Rock

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LOCATION The Atlantic House Hotel occupies a prime position sitting on The subject property is located in New Polzeath, directly to the the eastern cliffs above Polzeath beach in New Polzeath. north of Polzeath village which can be reached directly on foot using the coastal path. Polzeath is located on the picturesque north coast of Cornwall, at the mouth of the Camel Estuary and approximately 49 km The Atlantic House Hotel benefits from an exceptional position (30 miles) north of Truro. The village benefits from good road overlooking Polzeath beach, the cliffs and headland that surround links, via the A39 and A395, to the A30 which is the main trunk it and the village itself. road through Cornwall. The M5 at Exeter lies approximately 113 km (70 miles) to the east whilst mainline train services to London Paddington are available from Bodmin Parkway, approximately 17 miles to the south of Polzeath. Newquay airport provides regular domestic flights.

The village of Polzeath, and its renowned surfing beach, is a popular tourist resort frequented by loyal visitors. It is located close to other popular destinations such as Rock and Daymer Bay and is near the town of Padstow. Local amenities, aside the beach, include several pubs, café bars and tourist-centered retail outlets. Computer generated image

08449 02 03 04 gva.co.uk/6272

EXIT FOR SALE Atlantic House Hotel | New Polzeath | Cornwall | PL27 6UG

Site DESCRIPTION The subject property currently comprises a vacant hotel building. The site extends to approximately 0.221 ha (0.546 acres) gross area.

The site does not provide for any parking, however there is a large public car park less than 100m to the east and free on street parking is available on the street outside and those surrounding the property.

As described above, the Property has un-obscured views out to sea from its front elevation. The ground floor of this elevation comprised the famous ‘Doom Bar’ and included a very popular south facing terrace which also took advantage of the view.

As well as the former hotel, which is subject to an extant planning permission, the title to the property also includes open land to the west, on the opposite side of Atlantic Terrace, which stretches down to the high tide line.

The site also includes an area of land (approx. 0.006 ha/0.014 acres) to the east of Atlantic Mews, previously used for bin storage.

08449 02 03 04 gva.co.uk/6272

EXIT FOR SALE Atlantic House Hotel | New Polzeath | Cornwall | PL27 6UG

Planning The Atlantic House Hotel benefits from conditional planning permission granted on 13th September 2011 (ref PA11/04619) for demolition of the current hotel and erection of a new hotel complex comprising 18 hotel rooms, 9 two and three bed apartments and ancillary restaurant, bar and leisure facilities. Further details are available from Cornwall Council’s website www.cornwall.gov.uk/planning.

Tenure We understand that the property is held Freehold under title number

CL249459. PartCo pyofright. the property is a flying freehold. C Check all dimensions and levels on site. Only to be used on the site for which designed. The electronic transmission of designs/information contained in this drawing is carried out entirely at the User's risk and Kendall Kingscott Ltd. will have no liability for any errors or inaccuracies arising therefrom. The production of amended or updated information from the said designs/information by the User is entirely the responsibility of the User and Kendall Kingscott shall have no responsibility in respect thereof Method of wSahatsoever.le

Rev. Date Note

The property isC offered28.07.11 Outline of pr opoforsed LGF le vesalel by way of private treaty, with offers shown adjacent to The Breakers. D 10.08.11 Hotel residents draft lobby Computer generated image of proposed apartment interior added. Terrace awnings to invited on any of theg abfollowingles omitted. Notation to bases: Gulland house boundary revised. E 11.08.24 Amendment to wall junction with Gulland house. 1. Unconditional purchase Atlantic Mews

entrance 2. Purchase conditional on obtaining a revised planning permission

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kitchen extract riser Offers should include the following information:

dumb waiter • Purchase price • Basis of offer • Timing associated with purchase • Conditions and due diligence associated with offer • Confirmation and source of funding • Development proposals and illustrative layout (if making an offer on a conditional basis) The vendor reserves the right not to accept the highest or any of the offers received. It is envisaged that a preferred purchaser will be selected from the proposals received, however the vendor

Project 08449 02 03 04 reserves the rightThe Atlant ic Htootel alter the sale process, request purchasers to Polzeath Atlantic Terrace provide furtherClient details in respect of their offer or to interview gva.co.uk/6272 Coast Group Drawing Title prospective purchasers.Proposed Upper Ground Floor Plan Proposed upper ground floor plan

CAD Ref:1 Status AS DRAWING NO. PLANNING EXIT 110127 P(0)02E

Scale 1:100 @ A1 Drawn GA Date 05-2011 Checked SW FOR SALE Atlantic House Hotel | New Polzeath | Cornwall | PL27 6UG

Contacts For further information or to make an appointment to view, please contact GVA

Gordon Isgrove T: 0117 988 5304 E: [email protected]

James Petherick T: 0117 988 5331 E: [email protected]

James Williamson T: 020 7911 2109 E: [email protected]

Subject to contract Particulars dated April 2013

DISCLAIMER

GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for thevendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary 08449 02 03 04 permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limitedor any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. gva.co.uk/6272gva.co.uk (iv) all rentals and prices are quoted exclusive of VAT. (v) All photos taken in 2008.

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