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.
It has been a hotel for 40 years.
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.”