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Peach and Quiet

Inch Marlow, Christ Church, Barbados
REDUCED PRICEUS$ 3,250,000
Property Code: WCV1108
N/A Bedrooms
N/A
N/A Bathrooms
N/A
Pool
1
  • Status: For Sale
  • Plot Size: 12256 sq. ft.
  • Furnishings: Furnished
  • Pool: Swimming Pool

A unique investment opportunity. This charming and popular ocean front hotel is located in the quiet and breezy Inch Marlow area, offering two ocean front buildings with 12 guest suites, and two garden buildings where 11 of the 12 suites also have ocean views. Peach and Quiet typically benefits from 100% occupancy however the owners are now considering selling the hotel to an investor who wishes to benefit from the hotels' successful rental history and repeat clientele.

 

 
Price: US$ 3,250,000

Description

Originally built in 1973.

The Loveridges bought the property in 1988 and set about extensively renovating and updating.  The property has been re-roofed, re-wired and re-plumbed along with Sewage updates.

This naturally breezy strategic location lends itself for further developing water sports including Kite, wind and board surfing. An ideal centre for Yoga, Pilates, Dance, Art or Spa.  Located just 12 minutes drive from the Airport (but not on flight path!) 7 minutes from Oistins, 15 minutes from St Lawrence Gap  and 30 minutes from Bridgetown.  Peach and Quite has won many awards for the property and continue to receive much free advertising from newspaper and magazine journalists across the world writing articles about Barbados lauding Peach and Quiet

Nestled in over 3 acres of ocean edged land this is indeed a very special and unique property.

Architecturally Adobe design in the main and consisting  of 10 guest  suites plus a Managers' suite located in two Ocean buildings – 6236 sq ft and 12 guest suites 6,020 Sq ft  and a Hospitality suite in 2 other Garden buildings - Even 11 out of the 12 garden rooms have an ocean view too!       

Measurements               

Total -  12,256 Sq ft

Kitchens - 3,574  Sq ft

Conference Room - 907   Sq ft

Reception/Office Area - 1,428  Sq ft

Plantation Room Lounge - 946  Sq ft

Breezeway seating area  - ‘L’ Shaped  36’ x 32’ lengths x 12’ wide then a      

Pump room and storage area- 756 Sq ft

Hospitality Suites and Linen Room - 790 Sq ft

Large independent Office/Meeting room/Gym - 638 Sq ft

Approximately under two acres is occupied for the hotel and the balance being a meadow and growing area for Veg, fruits, herbs, Car Park and Workshop area etc.  Originally planning permission was granted for a further 40 apartments – although this permission is not up to date a precedence has been set

The property currently only opens December through to April and enjoys 100% occupancy  for 4 of these months.  Many repeat clients who like to book more than a year in advance therefore 2012/13 season is very highly booked already and requests for 2013/14 already coming in.  Many guests are turned away as we fill so far in advance.  There is a market for Summer opening too and again many clients are turned away as currently  we wish to keep the place to ourselves. 

The property needs to be taken to another level and  a higher star Boutique Hotel.   We do not offer Air Conditioning, in room Telephones, wi-fi, TV’s, phones or kitchens but a peaceful quiet spot to relax and unwind.  Definitely a niche market.  See the film on www.peachandquiet.com or google Hotels for sale Barbados and we are the 5th or 6th entry.

If the hotel is to be opened year round then possibly Air conditioning would be a good option to install as we do not get the Tradewinds much in Summer months.  This would open up the American market more.  History has shown our market to be approx 1/3 Canadian, 1/3 American and 1/3 British and European – a good mix so as when one market weakens there are others to ‘pull’ from. Clientele being predominantly couples   - with a more mature age group staying longer – two/three and even four weeks or more  - and the younger ones staying 7 to 10 days. In the past we found Walking holidays to be a good niche along with Yoga and exercise.   Massage and reflexology services are offered either  en suite or in the grounds also.

Peach and Quiet  also lends itself for  the setting for many events – unusual beautiful weddings, art shows, market places, retreats and the photo shoots for Neima

Features and Amenities

Features:
  • Superb investment opportunity to upgradem and own a hotel
  • Hotel with strong clientel (niche market) & gains advantages from free advertising
  • Perfect location water sports, or even well being activities such as Yoga, Pilates & Reflexology
  • All major upgrades have been done such as re-roofing, re-wiring, re-plumbed & sewage updates
  • Location is nearby an active night life, supermarkets, gas stations, doctors, banks & many more amenities
Amenities:
Breezy location, Sea Views

Map and Points Of Interest

  • Champers
  • Quayside
  • Bert's Bar
  • Bubba's Sports Bar
  • Garrison Savannah
  • Champers Restaurant
  • Fast Food Restaurants
  • Lanterns Shopping Mall