Floors 1-4 of the main hotel have been sold on long leasehold bases (999 year leases) as have the 38 villas on site.
St moritz is being sold via a share transfer.
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Property facts for St Moritz Hotel, Wadebridge
St Moritz is a purpose built resort and spa hotel, which was completed in 2008. The Property is of a striking Art Deco design and is a local landmark, situated in landscaped gardens and grounds created by Mike Nelhams, the curator of Tresco Abbey Gardens. The property sits in an elevated position overlooking the Atlantic Ocean.
The Property offers a range of different accommodation from its own rooms to those from units sold on a long leasehold basis. Its total income is derived from rooms, restaurants, bar, spa, leisure facilities, letting commission, service charges and owners use of leisure facilities.
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