The purpose built hotel houses 12 en-suite rooms, restaurant and two large function rooms.
The building was fully refurbished and renovated in 2004, and has been a popular venue for weddings, private and corporate functions.
It is located near the Suffolk/Norfolk borders, with the previous owners citing “consistent high levels of revenue and profits”.
Waveney House Hotel has been closed since 27 December 2020 to comply with the latest Covid-19 restrictions, with a Facebook post published by the hotel revealing that it intends to stay closed until “Spring 2021”.
The statement read: “It is with deep regret that in view of the current situation we all find ourselves in, we have taken the decision to implement temporary closure of the Hotel from 3pm on Sunday 27th December 2020 until spring 2021.
“We have not taken this decision lightly and want to safeguard all of our wonderful loyal staff and customers. This year has been difficult for everyone, all businesses have suffered as a result of the Covid-19 virus, but we plan to return in the spring, fresh and ready to welcome you all.”