Marazion Hotel, The Square, Marazion, Cornwall, TR17 0AP

The Marazion Hotel offers a unique blend of modern comfort and traditional charm, with stunning views of St Michael’s Mount and proximity to one of Cornwall’s finest beaches. The Grade II Listed property has benefitted from a significant amount of improvement and modernisation works in recent years throughout the hotel including bathrooms, bedrooms, plumbing systems and public areas to name but a few. The hotel is now perfectly positioned to hand over to a new operator.

The business has been owned by the same family since 1982 and benefits from a AA-rated 4 Star Gold Inn rating as well as high ratings on TripAdvisor and Booking.com, reflecting the quality of the establishment. In addition the hotel has received numerous other accolades including receiving a AA Dinner Award and being a finalist for the Taste of the West Hotel of the Year 2024.

The Marazion Hotel presents a lucrative investment opportunity with its established reputation for high-quality service. The hotel's prime location, combined with its comprehensive range of facilities and services, ensures a steady stream of guests throughout the year.

Marazion is a charming coastal town located on the shore of Mount's Bay in Cornwall, England. Just two miles east of Penzance, Marazion is renowned for its stunning views of St Michael's Mount, a tidal island that can be accessed by a causeway at low tide or by passenger boats at high tide. Marazion is a popular tourist destination, attracting nearly 350,000 visitors annually to St Michael’s Mount. The town's beautiful scenery and artistic community continue to draw visitors from around the world.

This picturesque town is part of the Cornwall Area of Outstanding Natural Beauty (AONB), offering visitors breathtaking landscapes and a rich history.

Marazion's location makes it an ideal base for exploring the wider region, including the Lizard Peninsula, Land's End, and the artistic hub of St Ives. The town itself boasts a variety of shops, cafes, and restaurants, providing a delightful blend of local culture and hospitality.

The internal areas comprise:
• Entrance hall and reception area
• Cutty Sark Restaurant & Bar - open plan space with circa 55 covers
• Guest lounge - A cosy snug with panelled walls, log burner and a selection of sofas
• Commercial kitchen
• Ladies & Gents WCs

Trade fixtures and fittings are included in the sale.

Our client also owns a three-storey property adjacent to the car park entrance, Melville House. The ground floor of this property is let to an artisan gift shop and the top two floors are arranged as a three apartments. Melville House can be identified by the green boundary markers on the aerial photo.

Melville House is not included in the advertised sale price however is available by separate negotiation.

The hotel boasts 11 ensuite rooms, each designed with contemporary style and attention to detail. Room types include sea view doubles, standard doubles, and a family suite.

In addition to the above, the hotel also includes a two-bedroom self-catering apartment which comprises an open plan lounge kitchen diner, double bedroom, twin bedroom and family bathroom. Historically the apartment has also been used as an owners/manager flat.

To the rear of the property is a spacious beer garden and a car park for approximately 20 vehicles. There is also a small garage and bin store area.

The business is run full time by a team of staff including a general manager. The owner lives out of area and is not involved in the day to day operations.

Accounts for the financial year ending 31 January 2025 show a net turnover of £1,287,719 and an EBITDA of £178,000.

Further financial information is available on request.

Planning consent was granted in 1980 for the construction of six holiday flats at the Cutty Sark Inn (now Marazion Hotel). Our client is in receipt of a council letter from 1991 confirming that a material start had been made to the works and therefore the planning permission lasts in perpetuity under the legislation at the time.

We would advise any interested parties to make their own enquiries as to the validity of this planning permission.

Rateable value with effect from 1 April 2023 £55,500. Please note this is not what you pay in business rates. Your local council uses the rateable value to calculate the business rates bill.

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