An Impressive 9 bedroom Hotel, Located by the Water’s Edge For Sale

By the Water’s Edge!

An impressive 9-bedroom hotel, located by the water’s edge, is now for sale in what may be one of Cornwall’s premier coastal destinations. This highly successful establishment has been owner-operated for over 20 years, with part-time staff as needed. Thanks to its location, reputation, high TripAdvisor scores, and loyal, repeat customers, occupancy is extremely high, leading to impressive profits. The property includes flexible owner’s accommodation with one or two bedrooms, along with several beautiful guest reception rooms on the ground floor, each benefitting from stunning views. A sweeping chrome-and-glass balustrade wraps around a terrace offering 180-degree views over Looe and the bustling harbour. 

LOCATION

The town of Looe is one of Cornwall’s most popular and picturesque port towns, with the beautiful River Looe meandering through spectacular protected landscapes and meeting the sea here, accompanied by a fishing fleet and busy quay. The town’s narrow, winding streets offer a wealth of retail boutiques, restaurants, cafés, bars, and more. It is ideally situated for access to the main A30 motorway, linking to the cities of Plymouth and Exeter, which also connects to the M5 motorway and international airports, as well as providing good rail links to London.

BUSINESS

This bed-and-breakfast hotel has been successfully operated for over 20 years by a husband-and-wife team, with part-time assistance when required. Presented to a high standard throughout, this property is both beautiful and ideally situated. It boasts breath-taking views, high-quality accommodation and level access to the town, beach, harbour, restaurants and town centre. With a high rate of repeat trade, it benefits from low commission costs. The 9 bedrooms are finished to a very high standard, generating an impressive income. Actual trading figures will be available following a formal viewing. A comprehensive handover and training will be provided to ensure continued success. This is an opportunity not to be missed, and early viewings are highly recommended.

Accommodation Comprises

VESTIBULE / PORCH

1.72m x 1.23m

An entrance lobby with a further door leading to:

RECEPTION / HALLWAY

A welcoming space with comfortable seating, a console table, a turning staircase to the upper floors and doors to:

DINING ROOM 1

5.53m x 4.22m

A large, bright room with wood-effect flooring, 7 tables and chairs, a breakfast bar, a feature fireplace and views over Looe town and the water.

DINING ROOM 2

3.53m x 1.82m

An additional dining area with wood-effect flooring, 2 tables and chairs, large windows and sliding patio doors leading to a lovely terrace with stunning views over the water and Looe.

BAR / LOUNGE

6.18m x 3.27m max

A comfortable and cosy bar, well-stocked and furnished with seating for guests to read, relax, or enjoy the fabulous estuary views over Looe town.

KITCHEN

5.16m x 1.91m

A well-equipped kitchen featuring the latest gadgets for ease of cooking. The kitchen is ideally situated next to the dining room and has direct access from the owners’ accommodation.

STORE

3.19m x 0.90m

An archway from the kitchen leads to this dry storage area, with ample shelving for hotel supplies.

LETTING ACCOMMODATION

All rooms have been recently decorated to a high standard and are equipped with en-suite facilities, LCD digital Freeview TVs, mini-fridges, hairdryers, complimentary beverage facilities, bedside tables, chests of drawers and wardrobes facilities.

FIRST FLOOR

Bedroom 2 (Whitsand Room)

A superior single room with a single bed and a rear window. The en-suite includes a shower, WC and wash hand basin.

Bedroom 3 (Plaidy Room)

A twin room with two single beds and a side window with beautiful water views. The en-suite includes a shower, WC and wash hand basin.

Bedroom 4 (Downderry Room)

A twin room with two single beds and a front window offering stunning water views over Looe. The en-suite includes a shower, WC and wash hand basin.

Bedroom 5 (Rame Room)

A double room with a double bed and a front window with water views over Looe. The en-suite includes a shower, WC and wash hand basin.

SECOND FLOOR HALF LANDING

Bedroom 6 (Kingsand Room)

A  superior double room, but can be converted into a family room if needed, with a front window &  views over Looe. The en-suite includes a shower, WC and wash hand basin.

SECOND FLOOR

Bedroom 7 (Talland Room)

A single room with a single bed and a rear window. The en-suite includes a shower, WC and wash hand basin.

Bedroom 8 (Millendreath Room)

A double room with a double bed, a side window overlooking the harbour, and water views. The en-suite includes a shower, WC and wash hand basin.

Bedroom 9 (Lansallos Room)

A double room with a king-size bed and a front window offering water views over Looe. The en-suite includes a shower, WC and wash hand basin.

Bedroom 10 (Seaton Room)

A double room with a double bed and a front window with water views over Looe. The en-suite includes a shower, WC and wash hand basin.

Owners’ Accommodation

This spacious 1-2-bedroom accommodation is ideally located on the ground floor with access via the business or independently from the side of the property.

Lounge / Dining Room / Bedroom 1

4.39m x 4.36m

A large open-plan area with a feature fireplace and a front window.

Utility Room

3.08m x 1.40m

Ample space with a washing machine, tumble dryer, gas central heating and hot water boiler and storage, with a door to the side.

Bedroom 2

5.05m x 3.87m

A vast bedroom with space for a super king bed. The en-suite includes a shower, WC and wash hand basin.

Lounge 2

5.85m x 2.02m

A cosy seating area off the bedroom, used by the owners as an office, with a door leading to the side.

OUTSIDE

Positioned by the water’s edge, the property benefits from a stunning terrace with glass and chrome balustrades, offering unrivalled views over the water and plenty of seating.

FIXTURES & FITTINGS

All trade fixtures and fittings, except for the vendor’s private inventory, will be included in the sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of fixtures or appliances has been undertaken by Ware Commercial.

BUSINESS WEBSITE

www.theoldbridgehousehotel.co.uk

BUSINESS RATES

For enquiries, please visit the local valuation website (VOA) at www.voa.gov.uk. The property is currently exempt from business rates due to small business rate relief.

SERVICES

Mains gas, electricity, water, broadband, and drainage are connected. No testing of these services has been undertaken by Ware Commercial.

TENURE

Freehold

VIEWINGS

All viewings and enquiries should be directed to Ware Commercial.

Tel: 01803 328880 or 01392 462266

Email: [email protected]

www.warecommercial.com