Lostwithiel Hotel Golf & Country Club has been put on the market.
Humberts Leisure is looking for offers in the region of £1.85 million for the facility, which includes a mature 18 hole 5,907 yard (par 72) golf course and a six-bay golf driving range and golf practice facilities.
The clubhouse includes a 27ft indoor heated swimming pool, gym and two outdoor hard tennis courts. The hotel, a combination of new build and converted period Cornish Barns, provides 27 en-suite letting bedrooms. There is also the Black Prince restaurant, named after the first Duke of Cornwall, and two well stocked fishing lakes on the grounds.
Ben Allen, director of Humberts Leisure who is handling the sale, said: “Lostwithiel Hotel Golf & Country Club represents a fine opportunity to acquire an established golf hotel resort in one of the UK’s most popular tourist areas.
“We have recently completed the sales of a number of golf businesses across the country with high net worth/lifestyle buyers dominating the market. It will be fascinating to see who acquires this appealing property which has the benefit of a number of income streams.’’
David Picton, current owner and operator of Lostwithiel Hotel Golf & Country Club, said: “With the increase in domestic tourism over the last decade we saw the opportunity to expand the resort and its operations with nine additional hotel rooms, the gym, fishing lakes and a garden room for the wedding business. Growing demand means there are still areas that offer great potential for commercialisation and further development, including six additional hotel bedrooms and a mini spa.”
For further detail, email Ben Allen