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.
This is a chance to acquire a longstanding and reputable manufacturer of modern concrete garages, with roots dating back to the 1940s.
This well-established haulage company in West Yorkshire offers a strategic location with easy access to major motorway links and a strong, loyal client base developed over 20 years.
This is a rare opportunity to acquire this thriving motor vehicle repair, MOT, and service centre. This professionally run business currently provides the majority of its services to private customers with a small amount of commercial work, which pro...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.