The Caterer
Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

St Ives buyers for five-diamond B&B in Penzance

19 October 2006

The Chy-An-Mor hotel in Penzance has been sold through the Plymouth office of Colliers Robert Barry.

The Grade II-listed property, which was built in the early 1800s, is part of the AA Five Diamond Premier Collection

It is set in a Georgian terrace close to the town centre and next to the sea front, where it commands views across Mounts Bay.

The four-floor B&B has 10 en-suite bedrooms to sleep 21 guests (including a four-poster room), a residents' lounge and breakfast room. Outside, the property has a front garden along with a rear patio area and courtyard.

The owners' accommodation on the lower ground floor includes a double bedroom with en-suite shower, a bathroom and a lounge.

It makes annual profits of £60,000 from eight months trading between March and October.

Previous owners David and Valerie Smith were seeking offers of around £665,000 for the freehold.

By Angela Frewin

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking