9 Bed Hotel For Sale

The Wheal Tor Hotel is located on land with open access to the outskirts of Bodmin Moor, an Area of Outstanding Natural Beauty within the county of Cornwall. The hotel is nestled between the villages of Pensilva and Minions. Minions is surrounded by open moorland peppered with the remains of Cornwall's industrial and historic past. The village is one of Cornwall's most incredible landscapes for inland walking and is the county's highest village. Minions has a long history of copper and tin mining and the recently restored Engine House can be seen nearby.



The Wheal Tor Hotel lies on Caradon Hill, the summit of which is 371 metres above sea level on the south-eastern edge of the moor, which was famous for its copper mines. Many walkers exploring the area visit the Cheesewring which is located on top of Stowe's Hill: this a geological masterpiece created over millions of years of erosion.



The Wheal Tor Hotel is situated approximately 4 miles north-east of the town of Liskeard. The town has a population of approximately 10,000 residents. Many tourists visit Bodmin Moor to explore its open aspect landscape and its many lakes, reservoirs and waterfalls. Some visitors explore the Cornish coastline which is not too far away.



The Wheal Tor Hotel occupies a two storey detached property with a rear extension comprising the letting rooms. The whole property is under a pitched tile roof. It lies in a plot of just under 2.5 of an acre and is briefly described as follows:



TRADE AREAS

GROUND FLOOR

Entrance vestibule with adjacent doors to split the RESTAURANT and BAR, seating 50 customers. There is a central bar servery which connects both the bar and restaurant. The rooms have exposed stone walls, two log burning stoves and an electric fireplace with porcelain tile, wood effect flooring. This area also includes a CONSERVATORY EXTENSION.



LADIES' and GENTLEMEN'S TOILETS and a BOTTLE STORE can be found offset the restaurant area.



CATERING KITCHEN with tile flooring, a range of stainless steel equipment and an extraction canopy. DRY STORE. PREPARATION KITCHEN with vinyl flooring and WASH-UP AREA. Separate glass wash area.



FIRST FLOOR

OPEN-PLAN FUNCTION ROOM with wood effect floor, corner bar servery and bench seating for around 60. As the building is on a hill, there is also external access from the driveway. This room is licensed for weddings.



There is a BEER CELLAR for the function room located within a large storeroom. There is a ground floor beer cellar for the main bar.

LETTING ACCOMMODATION

GROUND FLOOR

GARDEN ROOM having external access only. Comprises double bedroom with en suite shower and cloakroom. Benefits from its own private garden area.



FIRST FLOOR

BEDROOM 1, double with en suite shower room

BEDROOM 2, double with en suite shower room

BEDROOM 3, twin with en suite shower room

BEDROOM 4, double with en suite shower room

BEDROOM 5, family room with a king size bed and en suite shower room. This room has a separate area with bunkbeds.

BEDROOM 6, family room with a double bed, bunk beds and en suite shower room

BEDROOM 7, triple room with king size bed, a single bed and en suite bathroom

BEDROOM 9, family room with a double bed, two day beds and an en suite shower room



All rooms have tea and coffee making facilities, positive input ventilation, flat screen televisions and wardrobes.



OWNERS ACCOMMODATION

Located on the first floor, comprising: TWO DOUBLE BEDROOMS. BATHROOM. ONE DOUBLE BEDROOM EN SUITE. (Agent's notes - the double bedroom en suite could easily be separated from the rest of the accommodation to provide an additional en suite letting bedroom).



EXTERNAL

Large open access grounds with wildlife roaming freely throughout. There is a front decking area with bench seating for 60 under a stretched marquee. An area known to our clients as The Pinnacle is situated at the edge of the front decking. This spot is licensed for outdoor wedding ceremonies and has far-reaching views towards Dartmoor, Plymouth and the Tamar Valley. There is also a large, lowered front lawn with bench seating as well as a waterfall feature. The site has spacious and ample car parking.



CHALETS

Two chalets to sleep six, each having electric heaters, tea and coffee making facilities, flatscreen TVs and private decking areas with views over Dartmoor. A toilet block with two water closets is located nearby and serves these chalets.



CAMPING PODS

Nestled in a wooded area of the plot are seven camping pods, all with double and single beds, electric heaters and tea and coffee making facilities. There is a camping block for the seven lodges which comprises ladies' and gentlemen's changing areas with three showers and toilets for each. Outside water point and sink. Wooden hut with pizza oven and a sheltered seating area with a log store, bin store and a barbecue area.



Our clients acquired the property in August 2021 when the whole site was run down and in need of renovation. During their period of ownership, the property has been thoroughly renovated to a high standard and trade has improved significantly. The Wheal Tor Hotel has a strong local trade for its bar and function room; the latter is popular for private events such as wakes, birthdays and weddings. In addition, there is good local support for the venue's Sunday roasts and live music nights. The Wheal Tor Hotel is a popular wedding venue all year round, with The Pinnacle being the place where many couples choose to get married. More generally, there is a vast amount of tourism in the area with many walkers exploring Bodmin Moor.



The year end 31 March 2023 shows a net turnover of £674,228 with net sales (after deducting personal effects and depreciation) being over £100,000. Net sales are up for the forthcoming year. Further accounting information may be made available to serious parties following a formal viewing.



There is room to expand the wedding potential of this site as well as improving the lodges and chalets further. Much of the grounds has not been utilised to generate further revenue so its potential could also be explored. This is a rare and unique opportunity: a venue which allows guests to experience the wildlife including sheep and ponies as well as the beautiful landscape of the county.



For additional information regarding the business, please find more on the website:





FREEHOLD £895,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.



No direct approach to be made to the business; please direct all communications through Sidney Phillips.



Viewing strictly by appointment only.