15th century hotel on Buckden’s High Street for sale
Specialist business property advisor, Christie & Co has been instructed to market The Lion Hotel, a well-known 15th Century Hotel and Restaurant situated in the affluent village of Buckden, in Cambridgeshire.
Prominently located on the town’s High Street, The Lion Hotel is an historic former coaching inn, with parts dating to 1492. In keeping with its period charm, the Grade II listed property has been extensively refurbished throughout by current owners, Christopher and Suzanne Hudson who took ownership of the business in 2016.
They comment, “We have thoroughly enjoyed owning The Lion over the last five years and have now decided that the time is right for us to retire. We will miss the fantastic team that has been assembled and the wonderful customers.”
The hotel has become one of the most sought-after hotel, bar and restaurant venues in the village and more immediate region, attracting excellent Tripadvisor reviews for its food and service. Buckden’s location, immediately adjacent to the A1 has always generated year-round business and, until COVID-19 lockdown regulations intervened, the business was well on its way to year-on-year growth in turnover and profitability.
The property comprises 10 en-suite letting rooms located across the ground and first floor, which are offered on a bed and breakfast basis. Other facilities include a comfortable lounge, bar and restaurant, and external eating areas. The second-floor features two, recently refurbished owners’ apartments, making it a great opportunity for an owner/operator.
Tim Gooding, Director from Christie & Co’s Hospitality team is handling the sale and comments, “Given the affluent location, the excellent condition and the prominent siting of the property, we are anticipating a good level of demand. Cambridgeshire is always popular for buyers in view of the importance of Cambridge, Huntingdon and other growing towns in the region and we foresee ongoing positive trading at The Lion, as soon as the business reopens, which is expected to be during the course of this year.”
The Lion Hotel is currently on the market with a guide price of £950,000 for the freehold interest.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Tim Gooding, Director – Hospitality
P: +44 (0) 7712 792 414
E: Tim.gooding@christie.com
