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Birmingham Post
Birmingham Post
Business
Abigail Turner

North Cornwall hospitality venue goes up for sale with offers of over £3.3m

An award-winning hospitality venue in North Cornwall has been put up for sale for over £3m.

Bay View Inn, overlooking Widemouth Bay provides six-bedrooms and a restaurant, in addition to a surf bar and beach hut, which seats between 30-50 people, and elevated terrace. The site, which is on the market for £3.3m has been owned by Lindsay and Graham Soulsby and Stuart Shaw since 2017.

The trio purchased the property to fulfil their ambition of living and working in their favourite holiday destination along the North Cornwall coast. Throughout their five-year tenure they have undertaken an extensive programme of renovation and enlargement of the original structure, letting rooms and guest facilities.

The venue has also undergone several eco-efficient upgrades with the addition of a biomass boiler, solar heating panels and an overhaul of electrical services.

The current owners commented: “We’ve thoroughly enjoyed the last five years – why wouldn’t we, this is our favourite place in the world. The business is ideally set up for the new owners to take it to an even higher standard, we hope they relish the journey as much as we have.”

The Bay View Inn is situated overlooking Widemouth Bay, three miles south of the town of Bude, a 30 minute drive from Tintagel Castle, and within easy reach of Dartmoor National Park. Widemouth Bay lies three miles west of the Devon border and sits just off the A39 Atlantic Highway, between Bideford in Devon and Camelford in North Cornwall.

Property advisor Christie & Co has been appointed to handle the sale of the venue. Nicholas Calfe, director in Christie & Co’s South West hotel team, who is handling the marketing process, said: “This is a unique opportunity to acquire a well-invested and profitable boutique hotel, which boasts an idyllic location along the popular Cornish coast.

"Widemouth Bay is renowned for its speculator coastline, Blue Flag beach, stunning sunsets and active surfing all year round and the foundations are in place for new owners to take full advantage of the significant investment to the property. However the site still offers plenty of scope for future development, subject to the necessary planning consents, so we anticipate wide-ranging interest.”

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