Hotels

Historic Lincolnshire hotel brought to market

The property is split into three main buildings, all linked by a courtyard, and each building is Grade II listed and has historically interesting features

An 18th Century town centre hotel, pub and tavern in Brigg, Lincolnshire has been brought to market at a guide price of £950,000.

The Exchange Coach House Inn was built around 1760 and still retains many of its historic features. 

The property is split into three main buildings, all linked by a courtyard, and each building is Grade II listed with historically interesting features, including a gas lamp bar with a stage and dance floor, a wood panelled tavern with a marble floor restaurant, and a hotel with 42 en-suite letting bedrooms.

It has traded as an independent hotel, bar and restaurant during the last 38 years by owner Joseph Mullen, until it closed in 2020 to allow for a complete refurbishment of the Exchange Tavern.

Mullen said: “I have spent the last four decades developing the Exchange Coach Inn into what it is today. All three buildings have been perfectly designed to meet the needs of not just local residents and their events, but also corporate businesses and visitors to the area too. Following the pandemic, I’ve decided now is a good time to retire and I look forward to seeing how the business thrives in the future.”

Robert Smithson, associate director in ColliersHotel Agency team, who is handling the sale, said: “The Exchange Coach House Inn is a spectacular property in a superb prominent town centre location with unique, historic and traditional features. 

“The property offers endless opportunities for a new investor wishing to develop an established business with plenty of potential for further growth. We are expecting strong interest and are looking forward to helping Joseph find a suitable buyer ahead of his retirement.”

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