Refurbished guest house in Norwich city centre for sale
Specialist business property adviser, Christie & Co is delighted to announce it has been instructed to market, The Marlborough Guest House in Norwich.
Formerly three large town houses, The Marlborough Guest House has an impressive frontage along Stracey Road and sits a short walk from Norwich railway station and city centre. The city is in the county town of Norfolk and is a major regional centre which has seen significant expansion and development in recent years.
The guest house offers 15 letting rooms, the majority of which feature en suite facilities, along with rear car parking, garaging and a private courtyard/patio area. In addition, the property includes an upgraded, self-contained three-bedroom property that features a large kitchen/lounge/diner, a separate lounge, utility room, pantry and office. All of the bedrooms enjoy an en-suite bathroom.
The Marlborough Guest House has been owned by the Harvey family for over 50 years and has come to market, having been refurbished to an excellent standard throughout.
Tim Gooding, Director in Christie & Co’s Hospitality team is handling the sale and comments, “The Marlborough is without doubt an exceptional property and highly profitable business with scope to grow its F&B offering, located in the centre of the city. The hotel benefits from its close proximity to Norwich Cathedral, Norwich Castle, the city centre, riverside complex and Carrow Road football ground. Incoming owners would have the benefit not only of a refurbished property, which requires little maintenance in the long-term, but also a highly profitable operation too - certainly an opportunity to view quickly we think!”
The current owners, Robert and Maxine Harvey add, “We will be sorry to leave the Marlborough, having owned the property as a family for so many years and after all of the time, effort and investment we’ve put in. However, our other interests are taking too much of our time and now is the right period in our lives to sell. In much the same way as we have benefited, a buyer will also undoubtedly do well here running the business as the family have over the years!”
Christie & Co invite offers above £950,000 for the freehold property and business.
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
