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Elme Hall Hotel In Wisbech Cambridgeshire For Sale

Cambridgeshire, UK
Asking Price:
£1,900,000
Turnover:
Available on request
Net Profit:
Available on request

Handsome purpose-built hotel with a strong product offering. Set in apx 3 acres.
Impressive facilities include 42 bedrooms, bar (30), restaurant (34) and events rooms, galleried ballroom (350).
Onsite 4-bedroom owner’s / staff apartment and 4 staff bedrooms.
EPC - B

Wisbech is an historic market town, known as the ‘capital of the fens’ and Elme Hall an ideal base for those visiting the area. The hotel is located to the town’s outskirts on the arterial A47; which links Kings Lynn (14) to Peterborough (22).

Pre COVID-19, the hotel was a popular venue for a range of private (notably weddings) and corporate events. Accommodation revenues were also well established. Due to personal circumstance, the hotel has under traded in recent years. As such and once COVID-19 restrictions are lifted, there is significant scope to grow the business.

Offers in the region of £2.1m are sought for the freehold interest.
Further information available upon request to Paul Barrasford, Colliers International.

Property Information

Property:

Freehold

Contact Colliers International

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