A Lincolnshire businessman who has holidayed with his family in Cornwall for over three decades has purchased the hotel they return to year-in-year-out.
Travel Sector Property Limited (TSPL) has now concluded its off-market acquisition of Hotel Polurrian Limited, owner of the freehold interest in the Polurrian on the Lizard hotel near Mullion, along with its surrounding 12 acres of grounds – including part of the Polurrian Cove beach.
Andrew Long, principal director of TSPL said: “We are delighted to have acquired the Polurrian, which has many happy memories for my family and I since first discovering this wonderful location some 32 years ago.
"We are proud to own this iconic hotel and to further endorse our Cornwall connections, with regular visits for business and pleasure each year”.
The Polurrian has elevated views across Mounts Bay
Mr Long is a co-founder of the Extra Motorway Services Areas Group, where he continues to be CEO and an ongoing investor.
With 35 years of property and operational experience in the hospitality and roadside sectors, he said he has a number of plans for further investment in the Polurrian to enhance the existing facilities.
This is a going concern transaction and all employees at the Polurrian, including the general manager Grant Callaghan, will continue to be employed.
The stairs down to the hotel's Vista Lounge
The new owners have also entered into a management agreement with the vendor group, Luxury Hotel Management Limited, a well established and experienced hoteliers, under the helm of Nigel Chapman.
Mr Chapman said: “We are delighted to be working jointly with Andrew and his team. It’s great to see the next chapter for the Polurrian successfully unfolding and to know that there will be a significant further investment into this much-loved hotel.”
Polurrian on the Lizard first opened in 1912 and has treated guests to elevated views across Mounts Bay and Mullion Island ever since.
The hotel dining room is among the areas refurbished in 2019
The 41-bedroom property is well known both nationally for holiday guests and within the local community, which Mr Long and the on-site management team hope to further enhance – including the ongoing involvement of ‘Friends of Polurrian Cove’ and other local groups in Mullion and the surrounding Lizard area.
The hotel's communal areas were refurbished in 2019, including the Vista Lounge, bar area and restaurant with Gozney wood-fired oven. There is also a snug and games room, spa, gym and pool, as well as six self-catering villas available to book.
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