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Lincombe Hall Hotel & Spa Meadfoot Rd 44 Room Hotel Torquay TQ1 2JX $4,558,380 ($103,600/Room)

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INVESTMENT HIGHLIGHTS

  • Award-winning hotel with 44 en-suite bedrooms.
  • Significant recent investment.
  • Breakfast / Function Room with 54 covers.
  • Outdoor pool, large terrace with 68 external covers and lawn.
  • Consented planning permission to significantly increase Spa offering.
  • Luxury, Five Bubble Spa with outstanding facilities.
  • Brasserie Restaurant with 30 covers.
  • Hotel Lounge with 46 covers.
  • Two self-catering apartments.

EXECUTIVE SUMMARY

Lincombe Hall is an idyllic 44-bedroom, 4-star Spa Hotel, situated in an elevated position with fabulous views towards Torquay Marina and Torbay. The Hotel has benefited from significant recent investment. The Hotel offers a newly refurbished Brasserie restaurant, Breakfast/Function Room, Lounge and large terrace. The Hotel also has two self-catering apartments. The site is set in 2.58 acres of mature gardens. The Brasserie Restaurant serves food and drinks all day with capacity for 30 covers. The Brasserie also services the outdoor pool and lawn which has al fresco seating for 68 guests. In addition, the Breakfast Room, currently used for breakfast and as a function room, can accommodate up to 54 covers. Externally, the terrace and lawns have capacity for an additional 68 covers. Food and beverage facilities are available to both guests and non-residents. There is also an additional dining room with 20 covers.
South Devon is well known for its unspoilt coast and countryside, boasting spectacular views, sandy beaches, and unrivalled landscapes with access to Dartmoor, the South Hams and the English Riviera. Lincombe Hall Hotel is set in Torquay on the English Riviera. Torbay is renowned as a popular tourist destination due to its conurbation of resort towns, sandy beaches, mild climate, and array of recreational and leisure attractions. The large horseshoe shaped bay and rolling hills of Dartmoor shelter the English Riviera and provide a warm microclimate, and safe, shallow waters. Torbay offers a fantastic base to explore the beauty of the surrounding area with both Dartmoor and the South Hams, having a range of outdoor activities and stunning scenery, within easy striking distance. According to research from Visit Britain, in 2019 Torbay had a total of 4.3 million visitor nights with a total spend of £423 million. Lincombe Hall Hotel is situated in an accessible location to the east of Torquay Marina and is well placed to benefit from inbound trade from the nearby affluent residential areas as well as Exeter & Plymouth. The Property is well located, with access to the A380 around 4.0 miles from the Hotel, Torquay Train Station approximately 1.4 miles away, Exeter International Airport, is around 26.0 miles from the Property and Torquay Harbour only 0.4 miles away. The Hotel is part of an upmarket suburb, close to boutique shops and restaurants.
The Lincombe Spa was completed in November 2019 and has since become a popular destination Spa. The luxury 5 Bubble Spa is one of two 5 Bubble Spas in Devon. It boasts superlative spa facilities, including: • Hydrotherapy Pool • Indoor Swimming Pool • Ice Room • Scandinavian Sauna • Aromatherapy Steam Room • Himalayan Salt Room • Five Treatment Rooms • Three Nail Bar Stations • Pedicure Room • Fitness Suite • 14 Luxury Loungers The spa also features bucket shower, outdoor patio with loungers and luxury changing facilities. Planning has been consented to extend the current spa offering to provide an additional 15m indoor Jacuzzi and 15m outdoor Jacuzzi as well as a further 18 loungers, taking the spa capacity up to 32.
The Hotel comprises of 44 contemporary ensuite bedrooms. Below is a breakdown of the room categories: Signature - 14 Classic - 17 Cosy Superking - 7 Cosy King - 5 Single - 1 Total - 44 Throughout the Hotel’s current ownership, the bedstock has benefited from a significant amount of investment. A selection of bedrooms and bathrooms have been refurbished and redesigned by Ashton House Design. In addition, the hotel has one 1-bed and one 2-bed self catering apartment.
To the rear of the Hotel are the terrace and lawns with outdoor pool, providing al-fresco seating for 68 guests. In total the site extends to 2.58 acres. There is on-site parking for 50 vehicles.
The business operates with a full team of staff in place including a general manager
The rateable value is £105,000 for the hotel and premises.

PROPERTY FACTS Under Contract

Price $4,558,380
Price Per Room $103,600
Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.58 AC
Building Size 28,454 SF
No. Rooms 44
No. Stories 3
Year Built/Renovated 1841/2018
Parking Ratio 1.4/1,000 SF
Corridor Interior

AMENITIES

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $289.59 -
Guest Room 42 $222.56 -
  • Listing ID: 31542333

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: Meadfoot Rd, Torquay TQ1 2JX

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