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Peter Heather Partner View Profile

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Call: 01872 247007
Email: pgh@miller-commercial.co.uk

For Sale
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St Merryn Hotel, Helca Drive, St Ives

Hotel for sale

£1,000,000 Guide price

Freehold

A very prominently situated large site and hotel on the main road into St Ives, suitable for continued leisure use or residential development subject to planning. An existing 20 bedroomed Coaching Hotel needing a change of direction.

  • VERY PROMINENT HOTEL
  • NEEDING FRESH DIRECTION
  • 20 GUEST ROOMS PLUS OWNERS ACCOMODATION
  • LARGE RECEPTION ROOMS
  • SITE OF 0.56 ACRES
  • DIRECTLY FRONTING A3074 INTO ST IVES
  • EPC RATING D (81)

Property Brochure PDF Location Map

Location

St Merryn Hotel is situated in a peaceful location directly on Helca Drive, also fronting the main A3074 leading into St Ives, above the Carbis Bay Beach and a 20 minute stroll downhill to the famous usually tranquil Porthminster Beach and St Ives town centre.
St Ives is a traditional fishing port and beautiful harbour with charming cobbled streets and alleys lined with quaint cottages incorporating a wonderful range of commercial activities including the world-famous Tate Gallery perched above Porthmeor Beach, noted for its surfing and fine white sand.
The property is situated a stone’s throw from Tesco supermarket and immediately to the rear, the newly constructed San Lorenzo Court; a McCarthy and Stone development.

Opportunity

St Merryn is a very prominent hotel and has been run as ‘A Coaching Hotel’ for many years. It Is now in need of a change of direction.
The site is well laid out sloping gently down from West to East and comprising circa 0.56 acres, with plenty of car parking and garages to the rear, and pleasant gardens to the front and side.
A potential purchaser may consider an alternative style of Hotel, or perhaps a redevelopment opportunity.
Our clients are not seeking to ‘sell the business’.

Description

Elevated above the A3074 leading into St Ives town centre, the three-storey Hotel boasts substantial ground floor accommodation to receive guests.
The ground floor includes a large bar lounge, conventional TV lounge, commercial kitchen and dining room suitable for at least 40 covers.
Independent owners accommodation is situated to the rear of the ground floor comprising a two bedroomed apartment.
We understand that the property was originally built in the late 19th century, and extended in circa 1985.
The property presents very well, with the main outlook being elevated and looking out towards Hayle sands.

Schedule Of Accommodation

The Hotel:
Ground floor: entrance porch, hall and reception, large lounge bar, guest dining room, guest TV lounge, one guest bedroom, commercial kitchen
Two bedroomed owners accommodation.
First floor 10 guest bedrooms.
Second floor: 9 guest bedrooms
Outside:
Car parking sufficient for all guests, garaging, and landscaped gardens on a total site of circa 0.56 Acres.

Tenure

Freehold, with vacant possession.
NB: A covenant on the Title in favour of the Trelyon Estate restricts the property to be used only as a private dwelling house, hotel restaurant guesthouse. More details upon request.

Price

Guide Price of £1,000,000 (One Million Pounds) are sought.
Our clients will only consider unconditional deals.
Stock at Valuation.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value as £22,250. To find out how much business rates will be payable there is a business rates estimator service via the website.

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.
The property is not elected for VAT, so far as we are aware.

Energy Performance Certificate

The Energy Performance Rating for this property is within Band D, with a specific score of 81.

Contact Information

For further information or an appointment to view please contact either:-
Peter Heather on 01872 247007 or via email pgh@miller-commercial.co.uk
Graham Timmins (01872) 247019 or via email gt@miller-commercial.co.uk
Thomas Hewitt on 01872 247025 or via email th@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Peter Heather Partner View Profile

Contact us about this property

Call: 01872 247007
Email: pgh@miller-commercial.co.uk

Property Brochure PDF