The award-winning hotel and restaurant, The Cliffe at Dinham, has been brought to market with a guide price of almost £2m after over seven years under the same ownership.
The 19th century building in Ludlow, Shropshire, originally constructed as a gentlemen’s residence for a local solicitor, has been owned by Paul and Barbara Brooks who acquired the hotel in 2014.
Prior to acquiring The Cliffe, they successfully established The Clive at Bromfield as one of the first restaurant with rooms, achieving AA recognition for the new concept at the time.
Since acquiring The Cliffe, the husband-and-wife team have invested significantly into the property to completely transform it into a highly profitable business.
This has included a full refurbishment of the restaurant and 13 bedrooms, whilst making further improvements to the three-storey building.
A single storey orangery has also been built to provide a spacious restaurant area.
Paul and Barbara have made the decision to sell as they feel the time has come to retire from working life.
The sale of The Cliffe at Dinham presents a unique opportunity for an experienced operator to acquire a sizeable and successful business in a sought-after honeypot location.
Joshua Sullivan, Senior Business Agent in Christie & Co’s Hospitality team, who is handling the sale says: “The Cliffe at Dinham is a hugely successful operation that would suit investors and owner-operators alike. Encouragingly, the pandemic has had a very positive impact on trade, as the business has experienced record growth in turnover and average occupancy for the bedrooms, following the easing of Covid restrictions. This demonstrates the demand within the local community and further afield for an offering of this type. However, there is also plenty of scope for a purchaser to add value and continue to grow the business.”
The Cliffe at Dinham is on the market on a freehold basis, with a guide price of £1,650,000.