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.
Well established and highly prominent location in light industrial area. Situated in the suburban town of Stourbridge. Well reputed with regular and repeat trade. Genuine reason for sale due to retirement. Offers invited.
LEASEHOLD
Early interest and viewing is highly recommended. Well reputed with regular and repeat trade. Genuine reason for sale due to retirement. Situated in the desirable town of Warwick. Offers invited.
LEASEHOLD
Recently refurbished car dealership. Ideal 1st time buyer opportunity or bolt on business. Advised good reputation within the community. Situated in a desirable village near Wotton-Under-Edge. Well reputed with regular and repeat trade. Offers invite...
LEASEHOLD
|
16
|
|
Oct
|
Automotive supplier completes MBO | MBO/MBI
An automotive products supplier located in South Yorkshire h...
|
15
|
|
Oct
|
Tomlinsons Dairies falls into administration | ADMINISTRATION
Wrexham-based dairy firm Tomlinsons Dairies has announced to...
|
14
|
|
Oct
|
PE firm snaps up independent video game firm | BUSINESS SALE
Private equity firm NorthEdge Capital has successfully acqui...
Sign up to receive our acquisition alert emails to get your FREE guide
|
06
|
|
Sep
|
Care home in Hampshire changes hands to new owners | BUSINESS SALE
Business property adviser Christie & Co. have supported the ...
|
25
|
|
Apr
|
North East dry cleaning business put up on the market | BUSINESS SALE
Four dry cleaning businesses operating under one name in the...
|
16
|
|
Apr
|
Northern brewery up for sale | BUSINESS SALE
A brewery located in North Shields has been brought to marke...
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