A business duo has entered the hospitality market having acquired a AA five-star rated boutique hotel.
Hospitality newcomers Stephen Wild and Sheila Cadd purchased Somerville House, a detached Victorian property in the centre of Hereford. The hotel has earned a yearly five-star rating from the AA for the last nine years.
The couple, from Greater Manchester previously pursued careers in healthcare and engineering.
“We have all the advantages of the fantastic countryside but we also benefit from the busy restaurant and bar scene in Hereford,” Cadd said.
“We did a residential course in Wales and also took a hotel management course to ensure we were up to speed on the new regulations. I would recommend anyone thinking of buying their own B&B to do the same as it really helped prepare us for taking over the business.”
Peter Brunt, who sold Somerville House to the previous owners, Bill and Rosie Blanksby, in 2007, added: “Sheila and Stephen recognised that Somerville House offers considerable scope to upscale the business, whether through converting part of the generous owners’ accommodation into another suite or by moving up a gear from the present rather relaxed business style.
“Somerville House offers 12 letting rooms but there is also a light and airy suite of rooms for the owners and a fabulous garden.
“Hereford itself acts as a major tourist centre for the surrounding area with a stream of visitors to the Cathedral and the Mappa Mundi exhibition, and the Three Choirs Festival, triennially.”
The deal, which was confirmed for an undisclosed sum, was brokered by Colliers International off an asking price of £800,000.