Skip to content

Hill Lodge Hotel, 8 Newton Road, Sudbury, CO10 2RL

Guide Price
£795,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

Ask agent

SECTOR

Hotel for sale

Key features

  • Popular historic town location
  • 10 ensuite letting bedrooms
  • 5 self-contained apartments
  • Bar & restaurant/dining areas
  • Presented in good condition throughout
  • Ideal hotel opportunity. Energy Rating: C
  • Christie & Co Ref: 1446732

Description

Description

A substantial brick-built property with accommodation on three floors which has been extended, and, very recently, refurbished with the provision of additional letting facilities which now offer 10 individual letting bedrooms together with five separate self-contained apartments. Hill Lodge occupies a sloping site and offers a large rear garden, mainly laid to lawn, with car parking for around 20 vehicles to the front, side and rear of the property.

The business was acquired by the vendors in 2017, since which time it has been remotely managed in the main. The property is being sold as our clients operate other non-hospitality businesses on which they wish to focus.

Location

Located a short walk from the centre of the substantial Suffolk market town of Sudbury and around 16 miles from Bury St Edmunds, 20 miles from the county town of Ipswich, and seven miles from the historic medieval town of Lavenham, with Long Melford being only three miles distant. The area is well served by the trunk road network, the A131 and A134 roads being easily accessible.

Internal Details

Main entrance to small ground floor reception area
Dining room laid out for 32
Bar & lounge area with servery for 30
Customer WCs
Staff room with en suite bathroom
Well fitted out commercial kitchen, service areas and storage accommodation

Fixtures & Fittings

Well fitted out commensurate with the trade and wholly owned.

Letting Accommodation

The property has 10 letting bedrooms on the first floor of the property, all twin or double bedrooms with either en suite shower or bathroom facilities.

External Details

Car parking for around 20 vehicles. Rear garden area overlooked by three of the five studio flats with a public park beyond.

The Opportunity

The business operates year-round as a bed & breakfast operation with no bar or food sales.

The property has 10 letting bedrooms all located on the first floor. The five apartments - four with one bedroom and the fifth with two bedrooms with each having a kitchen as well - being situated on the upper and lower ground floors.

The apartments are rented out to longer stay residents with a minimum six-month contract.

As previously mentioned, extensive refurbishment works have been undertaken by the vendors since the property was acquired and the property is now presented in an excellent condition throughout, a key strength given the very limited future capital cost requirements being required. Given the success of the business, and the clear upside in terms of additional food and beverage business which could be undertaken, we'd recommend an early viewing.

Staff

Operated by a full-time manager, part-time breakfast and housekeeping staff and a night porter. Owner operators living on-site would undoubtedly be able to reduce the present wage bill.

Trading Information

The business does not currently operate beyond longer staying residents, albeit rooms are let based on availability, and therefore, no trading accounts or financial records are available.

This is a genuine opportunity for a buyer to re-establish a hotel along with drink and food provisions.

Tenure

Freehold.

Business Rates

Rateable Value £9,200 from April 2023.

Regulatory

The hotel does not currently hold a valid Premises Licence.

Brochures

Hill Lodge Hotel, 8 Newton Road, Sudbury, CO10 2RL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sudbury Station0.2 miles
  • Bures Station4.9 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1446732-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.