Savills : Richardson hotels sell the Falmouth Hotel for £7.5m

The Grade II Listed hotel, with excellent sea views, comprises 71 en suite bedrooms, and a luxurious spa with a variety of treatment rooms. There is an AA rosette rated Castle Restaurant and bar which also offers expansive views, and three function rooms with a combined capacity of 170 guests.

Located in Falmouth, one of the South West's leading cultural and festival destinations, the property is situated above Castle Beach. The hotel also benefits from close proximity Gyllyngvase Beach, Falmouth's largest and most popular beach.

Richardson Hotels is also marketing the Abbey Sands Hotel in Torquay, Devon for a guide price of £1.95 million. The 47 bedroom hotel offers breath-taking sea views, a restaurant and bar, a ballroom and gardens with an external swimming pool.

Harriet Fuller, Associate Director, Hotel Capital Markets, Savills, comments: "We are delighted to have assisted Richardson Hotels in disposing of this excellent property as part of their long term strategy. The Falmouth Hotel is one of Falmouth's best known hotels, with further opportunities to increase the hotel's offering, subject to obtaining the necessary consents."