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Cornwall hotel sells after 35 years in the family(25 August 2005 16:06)A Cornwall hotel has been sold after 35 years of family ownership. Penmere Manor Hotel, near Falmouth was sold for an asking price of £2.5m. The 19th century building was turned into a hotel in 1958. The Pope family bought the property in 1969, and have been running the hotel since. It has 37 en suite bedrooms, a 50 cover restaurant and a 20 cover terrace lounge. The new owners are the Terzeon family from London. The sale was handled by property agents Christie + Co’s Exeter office.
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