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Gloucestershire Business News

Cleeve Hill Hotel up for sale for £1.1m

The business property adviser has brought to market Cleeve Hill Hotel, a luxury bed and breakfast situated in the exclusive suburb of Cleeve Hill in Cheltenham.

The Edwardian building which has a guide price of £1.1million dates back to the early 1900's, when it was constructed under the ownership of Mr Petty and his family.

Cleeve Hill, which is renowned as the highest point in the Cotswolds, was at the time considered a resort destination having been created by the leading businessmen of Cheltenham as an area to relax away from the hustle and bustle of Victorian Cheltenham.

Today, the area continues to draw in large number of visitors looking to enjoy the Cotswolds Area of Outstanding Natural Beauty and all Gloucestershire has to offer.

The distinctive sandstone building has been subject to a number of upgrades in recent years, including the addition of a new kitchen and boot room extension to the rear and ongoing refurbishment work throughout.

The accommodation currently comprises thirteen individually styled, spacious ensuite rooms across three floors, each with views across the Severn Vale to the Malverns and Black Mountains or Cleeve Common itself.

In addition, there is substantial owners accommodation situated on the ground floor which has been recently refurbished and would suit a buyer looking for a lifestyle opportunity and breath-taking views.

Lindsey Holland, the current owner said: "I was stunned by the Edwardian beauty and original features of Cleeve Hill Hotel, and 'that' view. The past three years have been a whirlwind and I've loved every moment of working on the refurbishment of the hotel to bring her up to date. The guests, neighbours, suppliers and producers have been a joy to work with and very knowledgeable about their fields.

"Whilst operating the hotel alone was possible in previous years, health developments this year have caused me to make the decision to leave the hotel, to continue to blossom with new owners."

Richard Thomas, business agent in Christie & Co's Hotels team is handling the sale.

He said: "Cleeve Hill Hotel is a fantastic investment opportunity for an experienced hotelier and those looking for a change of lifestyle. The views on offer are truly idyllic and with the commercial and cultural hub of Cheltenham just moments away, and the world-famous Cotswold Way running right behind, there is plenty of demand for quality accommodation in the area.

"There are plenty of opportunities for the new owner to grow trade, utilising the high foot fall from the famous Cotswold Way footpath, used by over 1,000,000 people every year, or the Food and Beverage offerings within the Hotel. We expect the potential Cleeve Hill Hotel has will appeal to a range of speculative buyers."

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