Award-winning hotel & wedding venue near Norwich comes to the market
Specialist business property adviser, Christie & Co, has brought to market Stower Grange Hotel, an award-winning country house hotel, restaurant and wedding venue located in Drayton, just four miles from the centre of Norwich and three miles west of Norwich Airport.
Set amongst two-acres of picturesque grounds which feature a sweeping front drive with ample parking, rear landscaped gardens and woodlands, Stower Grange Hotel is a 17th Century Grade II listed former rectory, which has been converted and extended to form an elegant 11-bedroom hotel.
The profitable business has been owned by Richard and Jane Fannon since 2000 and attracts excellent reviews for its AA rosette restaurant and bar, accommodation, and service standards. The hotel is also a popular choice for weddings and events due to its extensive range of function spaces, of which the largest room can accommodate up to 140 guests.
In 2000, when Jane decided it was time to return home to Norwich and Richard was looking for a new challenge in hospitality, Stower Grange was just too much of an opportunity to miss. Richard, Jane, and their children moved to Drayton, a stone’s throw from Jane’s childhood home, and took over the running of this established hotel.
This is a fantastic opportunity to acquire a highly regarded and well-positioned hotel in Norfolk, a hugely popular UK tourist destination, which boasts a wealth of history and culture, and an abundance of beautiful coastlines, beaches, and national parks. Planning permissions have been granted to add an additional seven rooms to the property, offering an incoming owner excellent development potential to grow the business and increase revenue.
Richard and Jane Fannon comment, “Over the last 21 years, we have had the honour and pleasure of looking after many families at the special times in their lives but have also supported a host of local businesses supplying us with food, beverages and other services. We now feel that it is time for someone new to lead Stower Grange and its team into the future.”
Tim Gooding, Director in Christie & Co’s Hospitality team, who is handling the sale, comments, “We are delighted to have been offered the opportunity to bring Stower Grange to the market on behalf of Richard and Jane and anticipate a good deal of interest being expressed.”
Stower Grange Hotel is on the market freehold with an asking price of £1,350,000 for the property and business.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Tim Gooding, Director – Hospitality
P: +44 (0) 7712 792 414 or E: Tim.gooding@christie.com
