Hotel for Sale
Christies UK are offering for sale the Beechfield House Hotel, located in Wiltshire, England.
This impressive property is a Grade II Listed Victorian country house constructed in 1878, in an Italianate square house style with a three windowed service wing to the rear and a two storey symmetrical three windowed front. A family home for over 90 years until it was converted into a hotel in the late 1960s.
Over the years, the property has been sympathetically extended and refurbished to what we see today; a beautiful country house hotel that benefits from well-proportioned guest accommodation, separate owners’/managers’ accommodation, ample ancillary areas and seven internal principle public areas to include four private dining rooms.
There are two driveways, both customer and service entrances. The main house is surrounded by landscaped gardens and there is a walled garden and courtyard to the immediate rear of the property.
At a glance
- 25 bed up-scale hotel fully refurbished
- Extensive function/private dining facilities
- 8 Acres landscaped gardens
- Stunning 4 AA Red Star, 2 AA Rosette Hotel
- Leisure facilities – outdoor heated pool
- EPC Exempt – Potential to develop additional accommodation (STPP)
Location
Situated in the Wiltshire village of Beanacre on the A350, approximately eight miles south of Junction 17 of the M4 motorway and within 10 miles of the City of Bath.
The Hotel is located close to the National Trust village of Lacock, one mile north of Melksham and three miles south of Chippenham.
A perfect location to explore the regions many tourist attractions which include Longleat Safari Park, Bowood House, Castle Combe Motor Racing circuit and the delightfully pretty Cotswolds villages.
Fixtures & Fittings
All trade fixtures and fittings will be included in the sale excluding all contents of the owners accommodation, and accompanying garden along with the contents of the greenhouse and garden sheds.
There are a small number of personal items in the hotel and these will be itemised and removed prior to completion.
Letting Accommodation
The property benefits from 25 en-suite bedrooms.
External Details
Beechfield House sits in eight acres of beautiful grounds, comprising a walled garden and terrace area, formal lawns and flower beds, informal woodland and grassland with helipad and a walled garden including some magnificent specimen trees. There is a croquet lawn, heated outdoor swimming pool, guest parking for 100 vehicles and on the former tennis lawn, football goals are in place for a family kick about.
The extensive kitchen gardens to the rear are constantly being developed and improved and now supply herbs, fruit and vegetables to the kitchen all year round.
Owner’s Accommodation
Attached to The Coach House the owners’/managers’ accommodation has recently been refurbished and extended and comprises bedroom, second bedroom/study, lounge, kitchen, bathroom and private garden.
The Opportunity
The current owners have spent considerable time and money upgrading and refurbishing the property and grounds since 2006. Ongoing investment has continued with the installation of a completely new commercial catering kitchen in 2015, new boilers and in 2017/18 a programme to redecorate the bedrooms, bathrooms and reception area. The ownership of the hotel was restructured in 2019, during which time net sales were impacted. However, significant growth in both income and profitability has been evident post the pandemic in 2020 and this upward trend has continued for the remainder of 2021 and 2022.
Under the current ownership, the property has been awarded AA Four Red Stars Country House Hotel grade and Inspector’s Choice entry in the annual AA Guide, 2015 – 2023 and achieved 2 AA rosette award for Culinary Excellence and AA Breakfast Award for their food offering. The business continues to achieve favourable reviews attracting a significant proportion of repeat business.
The hotel now operates as a successful country house hotel, with pre-pandemic annual income peaking in excess of c.£1,300,000 derived from letting accommodation, food & beverage & events. The business has benefitted from the ‘staycation‘ boom over the last 18 months due to its picturesque location close to the Cotswolds and the high standard of refurbishment provides a tastefully decorated boutique hotel bedrooms and public areas.
There is substantial further scope to significantly increase revenue from restarting weddings business and developing lodges/tree houses or shepherds huts in the extensive grounds (subject to obtaining the necessary planning/Listed Building consents).
The business prides itself on impeccable customer service and operates with a hotel manager and management team with approximately 10 full time staff and a pool of part time staff supplementing the business during peak months. A staff list will be provided on completion of an NDA.
Trading Information
Management accounts for the 12 month period ending June 2022 show net sales of £1,172,863 showing an improved EBITDA of £309,643. Revenue is split approximately 51% room sales, 45% food & beverage and the balance of 4% from functions and meetings.
Full trading information is available on completion of an NDA.
Regulatory
Services: Mains electricity, water and gas connected to the property; drainage is via a private system.
