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Boscundle Manor goes back up for sale for £1.25m

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Grade-II listed Boscundle Manor in Cornwall has gone on the market for the second time, after handing the sale process over to a fixed charge receiver in a bid to save the distressed business.

The 18th century, three-star property is up for sale for £1.25m for the freehold with Colliers International, on the instructions of the fixed charge receivers Steven Williams and David Acland of FRP Advisory LLP.

The hotel, near St Austell a mile away from the Eden Project, is situated in 1.7 acres and comprises 13 bedrooms, an indoor pool, bar, restaurant and two-bedroom cottage for the owners.

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It has been a hotel for 40 years.

In July 2017, Boscundle Manor went on the market for the first time with an asking price of £1.1m.

The asking price has increased to reflect the fact that the sale now includes the two-bedroom owner’s cottage.

Ed Jefferson from Colliers International’s hotels team said: “We previously marketed the property but a fixed charge receiver has now been appointed and we have been re-instructed.”

Tags : colliers internationalfixed charge receivershotels
Zoe Monk

The author Zoe Monk

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