Acting on behalf of joint fixed charge receivers, CPN member Vickery Holman and Watling Real Estate are pleased to bring to market the former Kerenza Hotel, a substantial and attractively located hospitality property in Flexbury, Bude. This presents a rare opportunity for investors, developers, or hospitality operators to acquire a landmark asset on the North Cornwall coast.

Overlooking the renowned Bude and North Cornwall Golf Club, and within easy walking distance of Bude town centre and its beautiful beaches, the Kerenza Hotel offers a highly desirable setting for guests or residents alike. The property is available for sale with a guide price in excess of £950,000.

The existing accommodation includes 23 en-suite letting bedrooms, a lounge and cocktail bar, a formal restaurant, and a customer terrace for outdoor dining. The site also includes a customer car park and a two-bedroom owner’s maisonette, adding flexibility for future operators or developers.

Importantly, planning consent has already been granted for the creation of six additional letting bedrooms on the second floor and the installation of a customer lift, offering significant potential to expand the commercial footprint. Recently closed, the hotel is in good order throughout and may also lend itself to alternative residential or mixed-use redevelopment, subject to the necessary consents.

The town of Bude has grown in popularity as a year-round destination thanks to its vibrant high street, strong local community, and a coastline that includes Crooklets, Summerleaze, Widemouth Bay, and Sandymouth Bay. The Kerenza Hotel is situated in a prime position just half a mile from the town centre, making it well placed to benefit from both tourism and local trade.

Watling Real Estate is a leading multi-disciplined advisory and agency firm headquartered in London and with offices in Bristol, Birmingham, Manchester and Leeds. Vickery Holman is the South West’s leading property consultancy offering a full range of services including commercial agency, valuation, business rates consultancy, building surveying and property management. With offices across the region, Vickery Holman supports clients with strategic property advice and practical solutions. Their involvement in the sale of the Kerenza Hotel underlines the ongoing demand for high-quality investment and redevelopment opportunities in the South West.

For further details, please contact Michael Easton at Vickery Holman.