Widemouth Manor, a hotel, restaurant, and bar in Cornwall, has been placed on the market at an asking price of £2.9m ($3m).

The sale is being facilitated by specialist business property adviser Christie & Co. The business is also available for lease with an asking premium of £350,000.

The detached property boasts ten individually designed en-suite rooms.

It also features several flexible trading spaces, including the sunset restaurant and lounge bar, a rooftop sun terrace, and gardens.

In addition, Widemouth Manor holds a wedding licence, regularly hosting events, celebrations, and private functions within its private grounds.

The inclusion of on-site managers' accommodation and a large car park adds to the property's facilities.

Under the current ownership, Widemouth Manor has seen significant renovation works, yet there remains potential for the new owner to expand operations.

By extending trading times and further developing the facilities, subject to the necessary consent, there is scope for business growth.

Christie & Co Hotels South West director Stephen Champion said: “Widemouth Manor presents as an exceptionally profitable business which could suit integration into either an existing group operation or acquisition by an individual operator. We expect strong buyer interest in this superbly positioned business.”

Set on North Cornwall’s coastline, Widemouth Manor offers views overlooking the Atlantic Ocean.

The manor is claimed to offer its guests a better dining experience while maximising the panoramic views.

It offers a varied restaurant menu designed with local ingredients and a range of drinks such as wines, ciders, lagers, ales, cocktails, champagnes, spirits or gin.

The property’s location on top of Widemouth provides users with better views of North Cornwall’s coastline or its gardens.