A historic hotel in Cambridgeshire that dates back 600 years has been brought to market by Colliers with a guide price of £1.2m.
Former coaching inn the Rose & Crown in Wisbech is thought to be one of the oldest surviving hostelries in the town, dating back to the 1400s, and has been through many guises in its history.
The Grade-II listed property comprises 29 bedrooms, plus a 180-capacity ballroom and meeting rooms, restaurants, a bar and courtyard.
Paul Barrasford, director in the Hotels Agency team at Colliers, said now all its revenue streams have come back online, the business is on an ‘upward trajectory’, despite the pandemic.
“Throughout the pandemic the accommodation side of the business has maintained a healthy trade, with a strong and profitable performance from bedroom revenues,” he adds.
The hotel previously operated as a coaching inn, played host to a local literary society and a previous landlord was the inventor of the Tidnam’s Tipple drink.
The hotel was initially thought to be called The Swan, before becoming the Pheasant and Horn and latterly becoming the Rose & Crown.
Acquired by a private investor in 2015, the hotel is offered for sale as the current owner looks to focus on business interests closer to their south east base.