close

20-bed Wiltshire hotel with net sales of £518k up for sale

Chalford exterior

Profitable 18th century Chalford House Hotel in Westbury Wiltshire, is on the hunt for new ownership and is on the market with Colliers International for offers in the region of £1.2m.

The 20-bedroom boutique has been owned by Rachel Baker and Ashley Hunt since 2013 who have extensively refurbished the property over the last five years, installing a new bar and rebranding the interiors.

Formerly known as the Cedar Hotel, the property was in receivership prior to Baker and Hunt’s takeover, but now has built up a strong business base with net sales of £518k.

Story continues below
Advertisement

Chalford House Hotel comprises 20 bedrooms, a bar and restaurant and owners’ accommodation – consisting of a two large double bedroom ‘eco bungalow’. 

Ed Jefferson, from the hotels team at Colliers International, said: “Our clients have worked hard to re-establish the business as one of the premier hotels in the area with the emphasis very much on mid-week business customers alongside some weekend trade. This success is borne out by net sales of £518,000. 

“They have also added excellent owner’s accommodation, but with retirement beckoning they have decided to place the hotel on the market.” 

Ed Jefferson added: “There is a large and flexible restaurant with up to 35 covers, along with a recently added conservatory which has space for an additional 20.”

Tags : colliers internationalfor saleWiltshire
Zoe Monk

The author Zoe Monk

Leave a Response

Protected with IP Blacklist CloudIP Blacklist Cloud