Malvern View Hotel Cleeve Hill, Cheltenham. 895,000 freehold CONTACT US

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1 Malvern View Hotel Cleeve Hill, Cheltenham CONTACT US A stylish B&B with stunning open views and spacious accommodation for owners Lovely position close to Cheltenham Six bedrooms but could create even more Over 111,000 of investment and improvement in recent years Viewing is strictly by prior appointment with Colliers International through: Peter Brunt Hotels peter.brunt@colliers.com Property Ref: ,000 freehold Colliers International Broad Quay House Broad Quay Bristol BS1 4DJ

2 There is much more to this property than the wonderful views hinted at by its name, for this is a fine property with gracious public rooms and well appointed bedrooms. It has been run as a low key upmarket B&B and restaurant since September 2009 and purely as a B&B since the start of the year. However it is run there is really excellent accommodation for owners and relatively minor alterations could, with the necessary consents, give more letting bedrooms to capitalise on this super position. Malvern View's location offers the best of both worlds. For lovers of countryside the expanse of Cleeve Hill Common is but a step away through the back gate and although accessibility is excellent on the main Cheltenham to Winchcombe road the elevated position sets both owner and guest well above the traffic. Cheltenham itself is, of course, a huge draw. This dynamic town is home to a great deal of commerce that generates many midweek bednights as well as being an extremely popular tourist destination throughout the year with huge crowds during Cheltenham National Hunt Festival and the many other festivals hosted in the town. Our clients bought the business in the summer of 2009, largely for their son and daughter in law to run while they, having sold a very busy pub, took life easier. They undertook a very comprehensive programme of refurbishment and improvement that saw them spend over 111,000. As often happens in families, the younger generation moved away, having been offered excellent positions in the Thames Valley, and our clients were left operating the business. As they no longer have to support the fledglings, they have decided to sell and totally retire. THE PROPERTY The property is traditionally built of stone beneath pitched and hipped slate covered roofs. Accommodation is arranged on ground and first floors. PUBLIC AREAS The principal rooms of the property are arranged to take advantage of the wonderful views towards the Malvern Hills. There is a lovely guest lounge seating 12 and a Restaurant/Breakfast Room with more than enough space to arrange tables for the 6 letting bedrooms. LETTING BEDROOMS Six bedrooms (five double and one twin). Five are en suite, (four with bath and shower over and the fifth with shower only) and the sixth has a private bathroom directly opposite the bedroom. OWNERS ACCOMMODATION The accommodation available for resident owners is truly excellent. On the ground floor is a private sitting room that has bay windows on two sides and the same wonderful views. One of their many improvements is the fabulous dining kitchen and at the rear of the property is another large room, formerly a private sitting room and adjacent to which a dedicated staircase leads to the first floor. Here, the current owners occupy a large double bedroom and a simply huge bathroom. The owners' flat can be accessed either from inside the building or via a separate entrance. POTENTIAL FOR ALTERATION It would be a relatively simple matter, subject to any necessary consents, to enlarge the present dining kitchen into the commercial kitchen and to increase the bedroom stock. This would be possible by turning the former owner s sitting room into an en suite bedroom, converting the bedroom over it into an en suite letting bedroom and making the large bathroom an eighth letting room. SERVICE AREAS Superbly equipped commercial kitchen, separate wash-up, prep area and store. Laundry. OUTSIDE There are pretty gardens to the front, side and rear of the property, these divided into a number of most attractive secluded sections, including a private garden for the owners with decking and a pond. At the front of the property there is a bitumen macadam surfaced car park off which is a double garage. SERVICES Tewkesbury Borough Council Mains electricity, gas, drainage and water. Gas fired central heating and hot water, this replaced by the current owner. LICENCE A Premises Licence is held for the property.

3 Owners' kitchen (left) and sitting room (above) WEBSITE TRADE Trading information will be made available to interested parties following a viewing. PRICE 895,000 for the freehold complete with goodwill and trade contents (according to inventory) but excluding personal items. Stock at valuation. JOINT AGENT We are acting jointly with Knight Frank s residential team in Cheltenham who can be contacted on FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. TO VIEW All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights. DIRECTIONS Winchcombe 3 miles, Cheltenham 4, Broadway 12, Gloucester 12, Cirencester 20, Stratford-upon-Avon 27 and London 102. From the centre of Cheltenham follow the signs for Broadway (B4632) and Cleeve Hill. After a while the road starts to climb steeply through Cleeve Hill village and the hotel will be seen prominently sited on the right hand side.

4 Misrepresentation Act: Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 19/09/2012 Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no Registered office: 9 Marylebone Lane, London W1U 1HL.

5 Energy Performance Certificate Malvern View Hotel Malvern View Cleeve Hill CHELTENHAM GL52 3PR Dwelling type: Detached house Date of assessment: 08 February 2012 Date of certificate: 08 February 2012 Reference number: Type of assessment: RdSAP, existing dwelling Total floor area: 457 m² This home's performance is rated in terms of the energy use per square metre of floor area, energy efficiency based on fuel costs and environmental impact based on carbon dioxide (CO ² ) emissions. Energy Efficiency Rating Very energy efficient lower running costs Current Potential Environmental Impact (CO ² ) Rating Very environmentally friendly lower CO ² emissions Current Potential Not energy efficient higher running costs England & Wales EU Directive 2002/91/EC The energy efficiency rating is a measure of the overall efficiency of a home. The higher the rating, the more energy efficient the home is and the lower the fuel bills are likely to be. Not environmentally friendly higher CO ² emissions England & Wales EU Directive 2002/91/EC The environmental impact rating is a measure of a home's impact on the environment in terms of carbon dioxide (CO ) emissions. The higher the rating, the less impact it has on the environment. Estimated energy use, carbon dioxide (CO ² ) emissions and fuel costs of this home Current Potential Energy use 220 kwh/m² per year 189 kwh/m² per year Carbon dioxide emissions 17 tonnes per year 15 tonnes per year Lighting 210 per year 131 per year Heating 3,325 per year 2,895 per year Hot water 120 per year 120 per year You could save up to 508 per year The figures in the table above have been provided to enable prospective buyers and tenants to compare the fuel costs and carbon emissions of one home with another. To enable this comparison the figures have been calculated using standardised running conditions (heating periods, room temperature, etc.) that are the same for all homes, consequently they are unlikely to match an occupier's actual fuel bills and carbon emissions in practice. The figures do not include the impacts of the fuels used for cooking or running appliances, such as TV, fridge etc.; nor do they reflect the costs associated with service, maintenance or safety inspections. Always check the certificate date because fuel prices can change over time and energy saving recommendations will evolve. Remember to look for the Energy Saving Trust Recommended logo when buying energy efficient products. It's a quick and easy way to identify the most energy efficient products on the market. This EPC and recommendations report may be given to the Energy Saving Trust to provide you with information on improving your dwelling s energy performance.