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Devon’s Gara Rock hotel on the market for over £8.5m

Devon’s Gara Rock hotel on the market for over £8.5m

In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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The Gara Rock hotel in Salcombe, Devon, has been put on the market with a price tag exceeding £8.5m. 

The cliff-top resort includes a collection of four cottages, 11 apartments and duplexes as well as an 18-bedroom boutique hotel, luxury spa and restaurant.

Gara Rock dates back to the 19th century and in 1909 it was converted into a family hotel, becoming popular amongst the rich and famous in the 1930s.

Simon Wells, director at Colliers International, who is marketing the property, said: “The Gara Rock resort is a unique proposition. Not only does it benefit from a stunning seafront location with breath-taking panoramas but it is surrounded by beautiful beaches, hidden coves and harbours making it an attractive destination to visitors and holiday-makers.

“Opportunities to invest in a coastal scheme such as Gara Rock are rare and we are excited to be marketing such an exclusive development.”

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