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HEREFORDSHIRE – ELEGANT GEORGIAN HOTEL & WEDDING VENUE WITH LARGE GROUNDS OF 3.7 ACRES
Hereford Road, Ledbury, Herefordshire, HR8 2PZ
Ref: 49643
Asking Price
£1,500,000
Leasehold
Key Features
Location
The Verzon House Hotel is an impressive and well-appointed Georgian property located in bucolic east Herefordshire countryside. The historic market town of Ledbury and the cathedral city Hereford are located 2.5 miles and 10 miles distant respectively, with the Victorian renowned spa town of Malvern being 8.3 miles. There are plenty of local attractions bringing tourists and customers to the area.
Located on the A438, near the Wye Valley and with views of the Malvern Hills, the premises are well connected with easy access to the A417, A449 and the M50 motorway. Local railway stations are located in Ledbury, Hereford and Malvern, benefitting from a direct line to London Paddington and Birmingham.
The Verzon House Hotel is a stunning three storey property of brick construction under a pitched slate roof with parapet details, set in a grounds of 3.7 acres including trade garden, kitchen gardens and both gravel and lawned parking. The property is briefly described as follows:
Our clients have operated a major national company based in Herefordshire and some 12 years ago acquired the Verzon House Hotel. Since then it has been completely refurbished with little expense spared. However due to the demands of the business and by their own admission, they have not been able to fully invest their time in the business development for the Verzon House and therefore have reluctantly decide to sell.
Located on the A438, near the Wye Valley and with views of the Malvern Hills, the premises are well connected with easy access to the A417, A449 and the M50 motorway. Local railway stations are located in Ledbury, Hereford and Malvern, benefitting from a direct line to London Paddington and Birmingham.
The Verzon House Hotel is a stunning three storey property of brick construction under a pitched slate roof with parapet details, set in a grounds of 3.7 acres including trade garden, kitchen gardens and both gravel and lawned parking. The property is briefly described as follows:
Our clients have operated a major national company based in Herefordshire and some 12 years ago acquired the Verzon House Hotel. Since then it has been completely refurbished with little expense spared. However due to the demands of the business and by their own admission, they have not been able to fully invest their time in the business development for the Verzon House and therefore have reluctantly decide to sell.
Property
TRADE AREAS
Elegant entrance hallway provides access to three principal sections, with there being BAR; Reception area with curved desk and back fitting for the hotel reception. In the hallway is a set of Ladies’, Gentlemen’s and Disabled TOILETS. DINING/FUNCTION FACILITIES as well as a room currently used for retail purposes. The main LOUNGE BAR is of two sections with main part having tiled floor, part exposed antique brick walls, beamed ceiling, assorted traditional seating for up to 20 customers. Character fronted bar servery with panelled frontage and display back fitting. There is open fireplace with cast iron canopy. Double door access into DINING ROOM with hessian style carpet, corner fireplace with cast iron and marble effect back fitting, traditional seating for 10 or so customers. There is also a further former DINING ROOM which has tiled floor and front aspect which has been converted into a retail area and TASTING ROOM.
The MAIN RESTAURANT/FUNCTION ROOM has feature boarded and parquet floor throughout, it is two rooms which interconnect and has feature bay window to the front. Feature fireplace with marble mantlepiece and the room can cater for to 80 customers. There is also double door access onto the COVERED TERRACE.
The property has the benefit of an extremely large catering service facilities with the CATERING KITCHEN being 16 metres by 5 metres, has altro nonslip flooring, UPVC panelled walls, comprehensive selection of stainless-steel catering effects and work surfaces, 7-metre-long extraction canopy and walk in COLD ROOM. There is a PREPARATION ROOM off.
LETTING ACCOMMODATION
At first and second floor level are nine high quality en suite letting bedrooms, all individually named.
North Hill: SUPER KING BEDROOM with a large double bed and sofa bed. EN SUITE BATHROOM.
Sugarloaf Hill: KING SIZE BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Midsummer Hill: KING SIZED BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Jubilee Hill: SMALL DOUBLE BEDROOM with double bed, en suite SHOWER ROOM.
Pinnacle Hill: SUPER KING BEDROOM with large double bed, EN SUITE BATHROOM.
Chase End Hill: SUPER KING BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Tinkers Hill: SINGLE BEDROOM with single bed, EN SUITE SHOWER ROOM.
Hollybush Hill: KING SIZED BEDROOM with large double bed, EN SUITE BATHROOM.
Millenium Hill: KING SIZED BEDROOM with large double bed, EN SUITE BATHROOM.
EXTERNAL
The property stands in an extremely large plot of 3.7 of an acre and includes a FRONT TERRACE, which is patioed and decked, gravel CAR PARKING for 80 plus vehicles. Lawned OVERFLOW CAR PARK which can cater for up to a further 100 vehicles.
To the side of the property is a large TERRACED PAIO covered by apermanent MARQUEE/AWNING with direct access from the FUNCTION ROOM/RESTAURANT. This provides a large covered EXTERNAL AREA with boarded base, canvas cover, clear sides and its own fully equipped BAR SERVERY. This can cater for seated 50-60 customers. Beyond this is a large mature garden which is partial lawn but with many mature shrubs and borders. It has numerous discreet and secluded separate seating areas including a well laid out kitchen garden.
OWNER’S ACCOMMODATION
There is an owner’s suite which is in need of refurbishment and has more recently been utilised for staff accommodation. Furthermore, part of it is utilised as storage.
At first floor there is a good sized room which has previously been a LOUNGE but has now been converted to a large LINEN STORE.
At second floor is a SHOWER ROOM with RECEPTION ROOM adjacent, and two double sized BEDROOMS.
ADDITONAL PROPERTY
THE OAST HOUSE
Not included in the sale but available by separate negotiation if desired is an elegant Georgian three storey house called the Oast House. It has in the past been used by our clients, the owners of the property, as staff accommodation and provides four bedrooms together with three reception rooms and additional gardens. This is available at the figure of £695,000 in addition if required.
Elegant entrance hallway provides access to three principal sections, with there being BAR; Reception area with curved desk and back fitting for the hotel reception. In the hallway is a set of Ladies’, Gentlemen’s and Disabled TOILETS. DINING/FUNCTION FACILITIES as well as a room currently used for retail purposes. The main LOUNGE BAR is of two sections with main part having tiled floor, part exposed antique brick walls, beamed ceiling, assorted traditional seating for up to 20 customers. Character fronted bar servery with panelled frontage and display back fitting. There is open fireplace with cast iron canopy. Double door access into DINING ROOM with hessian style carpet, corner fireplace with cast iron and marble effect back fitting, traditional seating for 10 or so customers. There is also a further former DINING ROOM which has tiled floor and front aspect which has been converted into a retail area and TASTING ROOM.
The MAIN RESTAURANT/FUNCTION ROOM has feature boarded and parquet floor throughout, it is two rooms which interconnect and has feature bay window to the front. Feature fireplace with marble mantlepiece and the room can cater for to 80 customers. There is also double door access onto the COVERED TERRACE.
The property has the benefit of an extremely large catering service facilities with the CATERING KITCHEN being 16 metres by 5 metres, has altro nonslip flooring, UPVC panelled walls, comprehensive selection of stainless-steel catering effects and work surfaces, 7-metre-long extraction canopy and walk in COLD ROOM. There is a PREPARATION ROOM off.
LETTING ACCOMMODATION
At first and second floor level are nine high quality en suite letting bedrooms, all individually named.
North Hill: SUPER KING BEDROOM with a large double bed and sofa bed. EN SUITE BATHROOM.
Sugarloaf Hill: KING SIZE BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Midsummer Hill: KING SIZED BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Jubilee Hill: SMALL DOUBLE BEDROOM with double bed, en suite SHOWER ROOM.
Pinnacle Hill: SUPER KING BEDROOM with large double bed, EN SUITE BATHROOM.
Chase End Hill: SUPER KING BEDROOM with large double bed and bunk bed, EN SUITE BATHROOM.
Tinkers Hill: SINGLE BEDROOM with single bed, EN SUITE SHOWER ROOM.
Hollybush Hill: KING SIZED BEDROOM with large double bed, EN SUITE BATHROOM.
Millenium Hill: KING SIZED BEDROOM with large double bed, EN SUITE BATHROOM.
EXTERNAL
The property stands in an extremely large plot of 3.7 of an acre and includes a FRONT TERRACE, which is patioed and decked, gravel CAR PARKING for 80 plus vehicles. Lawned OVERFLOW CAR PARK which can cater for up to a further 100 vehicles.
To the side of the property is a large TERRACED PAIO covered by apermanent MARQUEE/AWNING with direct access from the FUNCTION ROOM/RESTAURANT. This provides a large covered EXTERNAL AREA with boarded base, canvas cover, clear sides and its own fully equipped BAR SERVERY. This can cater for seated 50-60 customers. Beyond this is a large mature garden which is partial lawn but with many mature shrubs and borders. It has numerous discreet and secluded separate seating areas including a well laid out kitchen garden.
OWNER’S ACCOMMODATION
There is an owner’s suite which is in need of refurbishment and has more recently been utilised for staff accommodation. Furthermore, part of it is utilised as storage.
At first floor there is a good sized room which has previously been a LOUNGE but has now been converted to a large LINEN STORE.
At second floor is a SHOWER ROOM with RECEPTION ROOM adjacent, and two double sized BEDROOMS.
ADDITONAL PROPERTY
THE OAST HOUSE
Not included in the sale but available by separate negotiation if desired is an elegant Georgian three storey house called the Oast House. It has in the past been used by our clients, the owners of the property, as staff accommodation and provides four bedrooms together with three reception rooms and additional gardens. This is available at the figure of £695,000 in addition if required.
The Business
As previously referred to, this business was acquired by our clients some 12 years ago, subsequent to which it was completely refurbished. Dues to its excellent facilities and prominent and accessible location, a very healthy level of trade was established despite our clients admission due to they have not been able to fully invest their own time in the management of the property.
Nevertheless we are advised that accounts for the year ended 31 December 2024 are expected to show takings net of VAT of £623,350, this being split 60% food sales, 15% wet sales and 25% from the accommodation.
Prospective purchasers may feel there is further scope for development, particularly the bedroom income.
Nevertheless we are advised that accounts for the year ended 31 December 2024 are expected to show takings net of VAT of £623,350, this being split 60% food sales, 15% wet sales and 25% from the accommodation.
Prospective purchasers may feel there is further scope for development, particularly the bedroom income.
Tenure
FREEHOLD £1,500,000 to include goodwill and fixtures & fittings. Stock at valuation in addition.
or alternativley available:-
LEASEHOLD £95,000 to include fixtures and fittings. Stock at valuation in addition
TERM: 6 years
LANDLORD & TENANT ACT : Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
BOND: A bond equivalent to 3 month’s rent in advance.
RENT: £60,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
or alternativley available:-
LEASEHOLD £95,000 to include fixtures and fittings. Stock at valuation in addition
TERM: 6 years
LANDLORD & TENANT ACT : Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
BOND: A bond equivalent to 3 month’s rent in advance.
RENT: £60,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
A full Premises Licence is held.
Services
Mains electricity and water. Septic tank drainage, LPG gas for cooking. Oil fired central heating.
Local Authority: Herefordshire Council
Rateable Value: £48,250 as at 1 April 2023
EPC: Awaiting EPC
Local Authority: Herefordshire Council
Rateable Value: £48,250 as at 1 April 2023
EPC: Awaiting EPC