Fri, 13 May 2016 | COMMERCIAL PROPERTY
A Monmouthshire hotel of special historic significance, parts of which date back to the 16th Century, has been placed on the market, South Wales Argus reports.
The grade ll-listed Royal George Hotel is based in an Area of Natural Beauty — the Wye Valley — and is for sale with Christie & Co for £850,000. The AA rate it as a three-star hotel, and it also frequently features in the top 20 Best Western hotels in Britain.
Originally constructed as an ironmaster's house, it was redeveloped into an inn in the early 19th Century. With it being an early hotel, it has been listed as historically significant by environment service Cadw and is on the Statutory List of Buildings of Special Architectural or Historic Interest.
Today it is traded as a hotel with 16 bedrooms, a bar and restaurant, and has plenty of scope for buyers.
“The Royal George is a fantastic opportunity to acquire a profitable hotel in an incredibly sought-after location. Tintern has very special feel to it,” John Coggins of Christie & Co in Cardiff said.
He added: “The business enjoys excellent levels of trade and good levels of profitability, but has significant scope for new owners to push the business forward by growing room sales and developing the events trade, taking advantage of the special location.”
For more information, find hotels and other leisure businesses for sale.
Beautifully presented restaurant in Cardiff. Affluent trading area. Run under management. Stunning premises, beautifully presented throughout. Offers invited.
Peak District/Stockport Postcode Area. Very well-established Private Family Dental Practice. Excellent high street location and with good transport links. Offers invited.
LEASEHOLD
Prominent Town centre location. Imposing detached property. Newly refurbished in 2015. Customer seating for 110. High end fixtures and fittings. Offers invited.
|
03
|
|
Jun
|
28 Oddbins stores saved after acquisition by unnamed buyer | BUSINESS SALE
28 Oddbins stores will remain open after the off-licence ret...
|
02
|
|
Jun
|
Topps Tiles agrees sale and leaseback of HQ and warehouses | COMMERCIAL PROPERTY
Tile retailer Topps Tiles has agreed the £18.1 million...
|
01
|
|
Jun
|
Aldo UK falls into administration | ADMINISTRATION
Footwear retailer Aldo UK has entered into administration du...
Sign up to receive our acquisition alert emails to get your FREE guide
|
20
|
|
Mar
|
Hotel in Scottish Highlands for sale at knockdown price | COMMERCIAL PROPERTY
The Conon Bridge Hotel, located just south of Dingwall at th...
|
12
|
|
Feb
|
Victorian hotel set in Devon estate up for sale | COMMERCIAL PROPERTY
The Highbullen Hotel Golf and Country Club, which is set on ...
|
07
|
|
Feb
|
Sunderland restaurant up for sale | BUSINESS SALE
The owners of Sunderland-based restaurant D’Acqua have...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources