The four-AA-star, 65-bedroom Cornwall Hotel & Spa has gone on the market, with planning permission for 36 holiday lodges, for £7.5m.
Developed at a cost of £30m and opened in 2010, the hotel is being sold by coal and property company, Rudrum Holdings.
Located on the 43-acre Cornwall Estate at Tregorrick, near St Austell, the hotel is made up of nine bedrooms in a Grade II Victorian manor house called the White House and 56 rooms in an adjoining property built in 2008 and 2009. The interior throughout is contemporary.
The hotel incorporates a one-AA-rosette restaurant and a brasserie, bars, a spa with five treatment rooms, an indoor swimming pool and gymnasium.
Twenty-two privately-owned cottages and a refurbished Edwardian cottage in the grounds, which are managed by the hotel on behalf of the owners on short-term lets, are said to provide "a significant revenue steam".
"Opportunities such as this, combining high-class facilities with robust trading history, are rare indeed, so I anticipate the interest in this being particularly strong."