16Commercial Property
16A most profitable town centre 14 bedroom hotel with Parking in the heart of the medieval grid between the historic Theatre Royal and Cathedral
Bury St Edmunds is a jewel in the East Anglia tourist crown. a unique historic gem with a rich fascinating heritage - the striking combination of medieval architecture, elegant Georgian squares and glorious Cathedral and Abbey Gardens provide a distinctive visual charm. With prestigious shopping, an award-winning market. Bury St Edmunds is under two hours from London and very convenient for Cambridge, Ipswich and Norwich.
The Chantry Hotel is a landmark hotel just a short walk from the town's many leisure attractions from the aforementioned cathedral, listed Georgian theatre, The Apex venue and Abbey Gardens. Bury is also well-placed for quick access to Cambridge, racing at Newmarket, and the Suffolk and Norfolk coasts. The Chantry Hotel has been a fixture in the town for almost 40 Years with a well-earned reputation. It is now offered for sale as a going concern providing excellent profits, whether as a managed business or self-operated. The current self-managed Net profits are in excess of £200,000 PA (full details by appointment).
The Chantry Hotel Is Grade II Listed former town house that with the clever use of domestic utilities and appliances means maintenance and repairs require only domestic supplies and conversion back to residential could easily be achieved, subject of course to planning consent. Currently it provides three good reception rooms, eleven en suite bedrooms and an adjoining two storey 16th Century cottage, with three further en suite bedrooms. In addition to the guest accommodation, there are two ground-floor staff bedrooms and a bathroom. The Chantry Hotel has its own private driveway to a walled courtyard that provides approximately 14 private parking for residents.
• Commercial fire detection system
• 14-16 bedrooms
• 15 bathrooms
• 14 parking spaces
• Fixtures and fittings available by negotiation
• Self-closing fire doors
• Two escape routes from each principal bedroom
• Exterior fire escape
• Three new Valliant gas boilers (Jan 2022)
• Water softener
• Full fibre WIFI
• Grade II listed
• Conservation area
• Current net profits £200,000 Plus
