Villiers Hotel, 3 Castle Street, Buckingham, MK18 1EQ

delightful Grade II Listed period building, originally dating from the 18c, comprising a collection of four buildings arranged on either side of Castle Street. The principal hotel consists of two adjoining buildings arranged over basement, ground, first and second floor, and occupies a broadly C-shaped layout. The trading areas are located at ground floor level, with the letting bedrooms located in the upper parts.

Food and beverage facilities include a restaurant, central bar with open fire and lounge seating, together with a Laura Ashley tearoom, offering c.160 covers in total.

Our client acquired the property in 2017 and has since invested approximately £1.7m in capital expenditure. The most recent investment programme was undertaken in FY24/25 and included a soft refurbishment of all 49 bedrooms, together with the repositioning of the restaurant as a steakhouse. Prior to this, the Old Town Hall building and the wider accommodation offering was comprehensively refurbished at a cost of £774,000.

The property occupies a central position in the market town of Buckingham fronting Castle Street and is a stone’s throw from the main high street. The town lies between the M1 and M40 corridors, providing efficient connectivity to both the southeast and midlands via the A422 and A421 road networks. Milton Keynes Central railway station, located approximately 12.7 miles to the east, offers regular direct services to London with journey times of circa 40 minutes.

Accessed via an internal guest lift and staircase, the guest accommodation is well apportioned and comprises a variety of room categories as displayed in the schedule. All bedrooms are ensuite and are equipped with keyless entry and modern amenities, including flat screen TV’s.

Freehold and part leasehold. The tearoom located at 1-2 Castle Street is held by way of leasehold for a term of 25 years from 1st April 2026 with an annual rent of £35,000 pa with 5 yearly rent reviews.