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Gloucestershire Business News

Historic Gloucestershire hotel up for sale for £1.15 million

A Gloucestershire hotel dating back to the 18th century is on the market for £1.15 million.

The freehold of Jessop House in Church

Street, Tewkesbury is being offered through business sales specialists, Chaplin Bond.

Just a stone's throw from Tewkesbury Abbey, the hotel has nine bedrooms (eight guest rooms and one private), period features, parking for five vehicles and has been trading as a guest house since the 1970's.

According to Chaplin Bond, the business has an annual turnover of £175,000 and has only been put on the market because the existing owners have decided to retire.

Situated in a prime location in the centre of Tewkesbury the hotel is said to offer a "wonderful lifestyle change opportunity."

Chaplin Bond say: "The business has maintained a solid and stable trading history and has been awarded a 5* rating. All fixtures and fittings are included in the sale price."

There is a reception room with flag stone floor and open plan dining room for 14 covers with feature fireplace and courtyard with dining space.

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