A premier hotel and restaurant on the Isles of Scilly, benefiting from an enviable location in an Area of Outstanding Natural Beauty, is being marketed for sale by hospitality and leisure specialists Christie + Co. Offers over £2.5 million are being sought for the leasehold interest in St Martin’s on the Isle Hotel.
The St Martin’s on the Isle Hotel, situated on St Martin’s, the third largest of the Scilly Isles, is regarded as one of the best hotels and restaurants within the archipelago. It is a member of Pride of Britain Hotels, a collection of privately-owned luxury hotels aimed at the discerning independent traveller.
St Martin’s is situated about two miles north of St Mary’s, the administrative centre of the Scilly Isles. It has a population of 110 in the three hamlets of Lower Town, Middle Town and Higher Town. The island is accessible from Penzance on the mainland, which has a daily ferry and hourly helicopter service during the summer months. Flights from Bristol, Exeter, Newquay and Southampton land at St Mary’s from which ferries or water taxies are available to take passengers to St Martin’s.
With 30 individually-appointed guest bedrooms, its fine dining restaurant and indoor swimming pool — allied to its stunning beach front location and private quay overlooking Tean Sound and Tresco — it is obvious why St Martin’s on the Isle Hotel is so highly regarded.
Simon Stevens, Director of Christie + Co, says: “Since the property was acquired by the current owners in 1993, the hotel has successfully operated as a seasonal and popular tourist destination. St Martin’s unique environment and visitor experience is complemented by the hotel’s fine dining and personal service that sets it aside from its competitors.”
The hotel is designed to appear as a small hamlet of cottages and planning permission has been approved for four new two-bedroom apartments within the grounds. In addition, planning permission exists for the conversion of the hotel to provide six two-bedroom apartments, five three-bedroom apartments and four four-bedroom apartments.
Simon Stevens adds: “For over 15 years, St Martin’s on the Isle Hotel collected many renowned industry accolades for excellence. With its reputation and the advantage of the planning permissions, this represents an excellent opportunity for a forward-thinking individual or existing operator who is prepared to continue to invest in the hotel’s future potential.”
For further information on this instruction, please contact…
Simon Stevens on 020 7227 0700 simon.stevens@christie.com
Simon Harvey on 01392 285600 simon.harvey@christie.com