St. Ives, Cornwall - potential to create a 14 bedroom boutique Hotel,

Property Description

Massive Price Reduction To Sell – Tangible potential to create a 14 bedroom boutique Hotel, an iconic Restaurant or ‘Restaurant with Rooms’, a full Residential scheme or other Commercial/Leisure uses subject to obtaining the necessary consent

Incredible sea views offered from the first and second floors, existing building is neither listed nor in a conservation area

Former bus depot arranged over 3 floors measuring c.12,228 sq.ft/1,136 sq.m plus outdoor areas, terraces and existing delivery ramps

Car Park extremely close by (2 minute walk) and St Ives Station (3 minute walk) offering direct link to London Paddington St Ives has recently gained substantial funding and global attention due to the recent G7 Summit held there in June 2021

Unconditional and immediate offers invited only

Although the owner of the building has not had an official pre-app or detailed conversations with planners, various schemes have been discussed internally including:

14 Bed Boutique Hotel
Apart from the Carbis Bay Hotel ( where the recent G7 Summit was held, there is very little in the way of Luxury/Boutique Hotel offerings in this idyllic location.
Restaurant with Rooms As we are all aware there are a number of UK and Global Chefs creating ‘Restaurant with Rooms’ offerings in similar locations throughout the UK.
We believe this building and its location would be ideal for such an offering.

We have had an off-market approach from a Residential Developer looking to create an entire Residential scheme via conversion of the existing space. Potential purchasers looking at Residential are advised to make their own planning enquiries.

We are advised that there is also a tangible opportunity to create workspace, leisure activity space or other uses subject to obtaining necessary advice or consent.

The Malakoff is situated off The Terrace (and above The Warren) with panoramic views across St Ives’ iconic golden sandy harbour.

  • Location: St. Ives, Cornwall – potential to create a 14 bedroom boutique Hotel,
  • Price: £1,250,000.00
  • Floor Area: 12228 ft²

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