Christie & Co and Savills are jointly facilitating the sale of Lincombe Hall Hotel & Spa in South Devon, UK.
The property features 44 en-suite guest bedrooms, two self-catering apartments, a brasserie restaurant, and a separate lounge, breakfast and function room.
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Savills director James Greenslade said: “The quality of the product and facilities at Lincombe are of the highest standard.
“This, coupled with the strong existing operation that has seen improving performance over the last few years, and the planning consent to extend the spa, provides a compelling package for potential purchasers.”
The hotel’s five-bubble spa features a hydrotherapy pool, five treatment rooms, ice room, aromatherapy rooms, saunas, steam rooms, and nail bars.
Following an investment, Lincombe Hall Hotel & Spa received planning permission for further expansion of its spa facilities.
Christie & Co Hotels director Stephen Champion said: “Lincombe Hall Hotel presents as a superb opportunity for a new operator to take on a highly rated and profitable spa hotel. The recently constructed £2m spa complex has won several awards for the quality of its offering, creating a fantastic draw for customers.
“The hotel has also undergone an extensive renovation in recent years, with all the public areas and a large portion of the bedrooms updated to a high standard. There have also been significant improvements made to operational efficiencies in the last few years, which have seen a noted uplift in profits.”
Nestled within a 2.5-acre plot, the hotel offers views of Torquay Marina and includes private gardens, an outdoor terrace, and an on-site car park.
The freehold of the hotel is available for offers in excess of £3.4m ($4.39m).
Earlier this year, Christie & Co was tasked with the sale of the four-star Wensleydale Hotel in Yorkshire, UK.
