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Cornwall hotel Polurrian on the Lizard has been purchased by a Lincolnshire businessman, as Travel Sector Property Limited (TSPL) concluded its off-market acquisition of Hotel Polurrian Limited, owner of the freehold interest of the site.
The acquisition includes the Mullion-based site as well as its surrounding 12 acres of grounds, inclusive of part of the Polurrian Cove beach.
The 41-bedroom hotel first opened in 1912 and features views across Mounts Bay and Mullion Island. Its communal areas were refurbished in 2019, and the site also features the “bright and airy” Vista Lounge, a “decadent” bar area, restaurant with Gozney wood-fired oven, snug and games room, spa, gym and pool. There are also six self-catering villas available to book.
Its new owners have said they would like to further enhance the site and its offering, including the ongoing involvement of ‘Friends of Polurrian Cove’ and other local groups in Mullion and the surrounding Lizard area.
All employees at the Polurrian, including the general manager, Grant Callaghan, will continue to be employed following the move. The new owners have also entered into a management agreement with the vendor group, Luxury Hotel Management Limited, under the helm of Nigel Chapman.
Andrew Long, principal director of TSPL said: “We are delighted to have acquired the Polurrian, which has many happy memories for my family and I since first discovering this wonderful location some 32 years ago.
“We are proud to own this iconic hotel and to further endorse our Cornwall connections, with regular visits for business and pleasure each year.”
Long is a co-founder of the Extra Motorway Services Areas Group, where he continues to be CEO and an ongoing investor. He has around 35 years of property and operational experience in the hospitality and roadside sectors.
Nigel Chapman, principal of Luxury Hotel Management said: “We are delighted to be working jointly with Andrew and his team. It’s great to see the next chapter for the Polurrian successfully unfolding and to know that there will be a significant further investment into this much-loved hotel.”
