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More details for Perelle Bay, Guernsey - Hospitality for Sale

Driftwood Inn - Perelle Bay

Guernsey, GY7 9NA

Hospitality for Sale
£2,000,000
24,488 sq ft

Pool
Restaurant

Guernsey Hospitality for Sale

The whole of the west coast of Guernsey is easily accessible, including the sandy beaches of Vazon, Cobo Bay, L’Eree, and Rocquaine. Perfect for sea swimming, biking, or walking through the lanes of St Saviours and beyond. La Grande Mare Golf & Country Club, which is currently being re-developed, is only a few minutes away with all the exceptional amenity it will bring. The immediate area around The Driftwood comprises a mix of uses, predominantly residential, with a Morrison’s and Perelle Butchers a short walk away. The site is a long-standing hotel with large landscaped grounds. The owner is complimenting the residential element with a boutique hotel offer, with numerous upgrades planned and a ground floor bistro and bar from which the apartments will benefit. Plenty of demised parking and shared on-site car parking. Existing hotel rooms which have planning for change of use to residential apartments and therefore require significant re-configuration and refurbishment. Build costs mitigated through the conversion of the existing building with no requirement to replace the roof. A freehold being offered through a title split with the adjacent hotel. The potential to structure the transaction in a number of different ways to suit both parties. Potential for a developer/investor to work with the owner on the planned hotel upgrades alongside this project. An opportunity to revise the planning consent should that be desirable to a buyer. One of the apartments is in “oven ready” condition having been occupied as the owner’s apartment and therefore only requires cosmetic modernization. A full pack of supporting information is available on request including plans, guide pricing, and the planned upgrades to the hotel side. Each party to bear their own costs.