St Moritz Hotel in Cornwall for sale with more than £8m price tag

St Moritz

Savills has been appointed by St Moritz Holdings Limited to market the St Moritz Hotel near Rock, Cornwall, with offers over £8m being sought.

The purpose-built hotel and spa resort is being brought to market for the first time since its £15m development spearheaded by brothers Steve and Hugh Ridgway.

St Moritz comprises 55 bedrooms, 15 apartments and 38 villas alongside the Cowshed Spa, the only standalone Cowshed branded spa to operate outside of Soho House.

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The site is also home to a leisure club, bar and two restaurants, and sits in an elevated position about the surf resort of Polzeath, overlooking the Doombar.

Set in 8.9 acres of landscaped gardens, the property has several active planning permissions including an extension to create a class leading spa, and the provision of eight further luxury suites.

James Greenslade, in the hotels team at Savills Exeter, comments: “St Moritz offers a rare opportunity for an investor to acquire an established and internationally regarded resort.

“The hotel is in an excellent location in the heart of the UK’s number one second home market – the north Cornish coast – close to Rock, Padstow and Polzeath. There are significant opportunities for a new owner to develop the resort further and enhance the business.”

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Zoe Monk

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