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Lincombe Hall Hotel and Spa, a four-star destination hotel and luxury spa in South Devon, has been brought to market with an asking price of offers in excess of £3.4m.Lincombe Hall features 44 ensuite guest bedrooms, two self-catering apartments, a brasserie restaurant, breakfast and function room along with a separate lounge for guests.
The hotel’s five-bubble spa offers wellness facilities including five treatment rooms, a hydrotherapy pool, ice room, saunas, steam rooms, aromatherapy rooms, nail bars, fitness facilities, and indoor and outdoor pools.
The property has recently undergone “significant” investment and has consented planning permission to further expand the spa facilities.
Set within a 2.5 acre plot with views across to Torquay Marina, the property also offers a large outdoor terrace, private gardens and an on-site car park.
Lincombe Hall Hotel and Spa is located in the town of Torquay in the Torbay region, a popular tourist destination with sandy beaches and a range of leisure attractions.
Stephen Champion, director – Hotels at Christie and Co, who is jointly marketing the sale, 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. Lincombe Hall Hotel & Spa is perfectly positioned to be passed on to a new custodian who will certainly enjoy the fruits of our client’s labour.”
James Greenslade, director at Savills, added: “The quality of the product and facilities at Lincombe are of the highest standard. This, coupled with the strong existing operation which has seen improving performance over the last few years, and the planning consent to extend the spa, provides a compelling package for potential purchasers.”
