Eastnor House brought to market for £1.95m
The hotel based in Ledbury is currently on the market with a guide price of £1,950,000 for the freehold
Eastnor House, a historic property based in the market brown of Ledbury, has been brought to market with a guide price of £1,950,000 for the freehold.
The hotel’s principal building is a three-story end of terrace property comprising three one-bedroom residential flats situated across three floors.
To the side of the main house is The Courtyard, five self-contained holiday cottages which have recently been refurbished.
The hotel’s current owner said: “It has been my privilege to develop these wonderful historic buildings to secure their future and create a successful business that will continue to thrive.
“Ledbury is a fabulous hidden gem of a market town, which offers so much to visitors and residents alike. I know whoever takes over the properties and the business will not be disappointed.”
Joshua Sullivan, the senior business agent from Christie and Co’s Hospitality team who handled the sale, said: “Eastnor House is a superb product which has been comprehensively refurbished to a superior standard and commands an enviable position in the centre of Ledbury.
“The property offers a unique blend of commercial and residential income that would suit a variety of investors seeking to safeguard their capital from the turbulent market conditions.”
He added: “The business has performed robustly with future bookings confirmed for later in the year, and this will undoubtedly give comfort to prospective purchasers.”