Colliers International has been appointed to sell the Best Western Rose & Crown Hotel in Tonbridge, Kent for offers in the region of £2.8m.
The hotel comprises 56 bedrooms, a bar, restaurant and three event rooms, with the largest having a capacity of 120.
The original parts of the Grade-II Listed Rose & Crown date back to the 16th Century and it retains a ‘coaching inn charm’ with oak beams, commemorative arms and Jacobean panels amongst the features.
The business also benefits from strong trade from both the leisure and corporate markets.
Paul Barrasford, director, Hotels Agency at Colliers International commented: “The owners are selling as they look to scale back their business interests. The hotel occupies a great position with the local and regional economy generating strong demand from leisure and corporate clientele. As such, there is clear scope to increase revenues on this already established business. We expect some parties may also wish to consider the scope (subject to planning) to redevelop the rear parts of the property.”