A historic hotel and restaurant in Kenilworth that has been named Warwickshire’s ‘Best Pub of the Year’ for the past four years, has been brought to market with an asking price of £1.25m.
The Old Bakery, which occupies a 400-year-old Grade-II listed building, has been owned by Alan and Janet Blackburn for the last 14 years and comprises 14 bedrooms, a 46-cover bar / restaurants and a two-bedroom owner’s apartment.
The building was originally established as a traditional bakery in 1825, trading as Kenilworth’s main bakehouse, before being converted and renovated in the 1990s
The Blackburns have built up a well-established business during their tenure, earning accolades including a Certificate of Service Excellence from TripAdvisor and received Warwickshire Best Pub of the Year from CAMRA for the last four years.
They are looking to sell in order to retire and commented: “There can be no finer satisfaction than being involved in the hospitality business and knowing that what you are offering is what the customer wants. We shall miss it!”
Joshua Sullivan, senior business agent at Christie & Co is handling the sale and comments: “As The Old Bakery has been run largely as a lifestyle business, it offers the opportunity for a new buyer to build on the existing revenue and the trade is already seeing benefits from the introduction of a new online booking system. The bar also currently only trades in the evening and further income streams could be added through the introduction of a café bar during the day.”