Specialist business property adviser Christie & Co alongside Savills have been instructed to market Lincombe Hall Hotel & Spa, a renowned 4-star destination hotel and luxury spa in South Devon.
Lincombe Hall comprises 44 ensuite guest bedrooms, two self-catering apartments, an excellent brasserie restaurant, breakfast and function room along with a separate lounge for guests.
Lincombe Hall’s five-bubble spa offers outstanding wellness facilities including five treatment rooms, a hydrotherapy pool, ice room, saunas, steam rooms, aromatherapy rooms, nail bars, fitness facilities, and indoor and outdoor pools. The property has recently undergone significant investment and has consented planning permission to further expand the spa facilities.
Set within a 2.5 acre plot with sweeping views across to Torquay Marina, the property also offers a large outdoor terrace, private gardens and an on-site car park.
Lincombe Hall Hotel & Spa is located in the town of Torquay, on part of the South Coast known as the “English Riviera” due to its unspoilt coastline, resort towns and mild climate. The Torbay region is a popular tourist destination with its sandy beaches and range of leisure attractions drawing guests all year round.
Stephen Champion, Director – Hotels at Christie & Co, commented: “Lincombe Hall Hotel presents as a superb opportunity for a new operator to take on a highly rated and profitable spa hotel. The recently constructed £2 million spa complex has won several awards for the quality of its offering, creating a fantastic draw for customers. The hotel has also undergone an extensive renovation in recent years with all the public areas and a large portion of the bedrooms updated to a high standard. There have also been significant improvements made to operational efficiencies in the last few years, which have seen a noted uplift in profits. Lincombe Hall Hotel & Spa is perfectly positioned to be passed on to a new custodian who will certainly enjoy the fruits of our client’s labour.”
James Greenslade, Director at Savills, commented: “The quality of the product and facilities at Lincombe are of the highest standard. This, coupled with the strong existing operation which has seen improving performance over the last few years, and the planning consent to extend the spa, provides a compelling package for potential purchasers.”
The hotel freehold is being jointly marketed by Christie & Co and Savills, with an asking price of offers in excess of £3,400,000.
For more information, visit the property page here: https://www.christie.com/3440649/
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