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The Castle Hotel in the centre of the Norfolk town of Downham Market, has been put up for sale for £495,000.
The period Grade II-listed property features 12 en-suite letting bedrooms, which have been recently refurbished, a bar and dining areas and a private meeting room.
The hotel has been owned and operated by Helen and Howard Fradley for more than 25 years. In statement they said: “We have had an amazing 27 years here and have watched the business grow from strength to strength, but it is now time for us to move our lives in a different direction.’’
Tim Gooding, director at Christie & Co, handling the sale, said: “The Castle Hotel has been transformed in recent times with a full refurbishment programme so that the letting rooms in particular have become sought after by both commercial and leisure customers seeking exceptional quality and service standards.
“The hotel’s food and bar attract a good deal of local custom and overall the business has become highly profitable and would be an ideal purchase for a buying couple who would benefit from the growth and profitability created by the sellers.”
