- Seller ref: 65890
- Listing ID: 160621
Hotel For Sale Wilton Road, Salisbury, Wiltshire, SP2 9NS
- For Sale
- Sale Type:
- For Sale
- Rental Income:
- Property Type:
- Development Opportunity:
- Investment Opportunity:
- Energy Rating:
4 bedroom owners' house and a 2 bedroom flat. 12 letting bedrooms and suites, potential to increase. Circa GBP130,000 profit with genuine scope to grow.
Our clients bought Cricket Field House almost 30 years ago when it was little more than a mid-nineteenth century house in need of refurbishment; it’s very different today. In recent times they have chosen to reduce the number of letting bedrooms by increasing the quality of the bedroom stock with the emphasis on creating suites rather than squeezing as many bedrooms in as possible. As a result, it’s very smart and is rated highly by its guests. There is room for growth too, the owners’ accommodation is huge so there are some easy conversions to possible increase the bedroom stock to say 18 and there is the 2 bedroom flat for owners or staff. Did I mention that it’s profitable as well?
The area is steeped in history with Stonehenge nearby and the rolling Wiltshire landscape is peppered with ancient monuments. Salisbury needs little introduction as one of the jewels of southern England. The original settlement was at Old Sarum, 2 miles up the hill, where the Iron Age fort was then occupied by the Romans and William the Conqueror named it as his capital. The city moved down the hill and the beautiful Salisbury Cathedral was built in 1226. Much of the medieval townscape is still visible and is now a bustling retail centre. Salisbury has a good mix of business and leisure visitors and Cricket Field House offers all the facilities required for business guests from companies such as QuinetiQ and Porton Down, as well as for tourists.
In 1987 our clients bought what was then a run-down house dating from around 1850 and which now forms the core of the main building at Cricket Field House. They gutted it and started again and have extended it considerably multiplying it in size to create the building that you see today. The owners’ accommodation is extensive, even if you’re looking for four bedroom owners’ accommodation there is room to spare, so there are opportunities to increase the number of bedrooms to let. After almost 30 years it is time to retire which leaves a tremendous opportunity for owners to take Cricket Field House to the next level should they so wish.
EPC Rating = C
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.