Highly-profitable Peak District hotel on the market for £550k

Chadwick House Hotel in Cheshire has gone on the market with Fleurets for £550,000.

The hotel is currently being run on a nine-month bed and breakfast basis throughout the year, and as a result, is generating a healthy profit.

The hotel, which is within close proximity to the Peak District, has been run by its current owners, Terry and Marjorie Davison since they purchased the property in 1999, who are now choosing to retire after 17 years at the helm.

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Chadwick House Hotel consists of 14 bedrooms, plus private accommodation, with the potential for new owners to expand further into the hospitality trade.

The Davisons said: “We purchased the property in 1999 but now that I am 67 and my wife is 65, we think we deserve to retire! In fact, for the last few years we have chosen to only operate on a 9 month basis, spending 3 months abroad. Despite this, the hotel has a very healthy high profit because we choose to run it on a very simple bed & breakfast basis.”

Lesley Watmough from Fleurets’ Manchester office comments: “This is an easy to run, town centre hotel. There is potential for new owners to provide evening meals and perhaps re-apply for the license in order to develop trade further. This is an opportunity with endless potential and I would therefore strongly recommend a viewing.”




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