Regency-style B&B in Cheltenham changes hands

19 December 2008 by
Regency-style B&B in Cheltenham changes hands

The three-star Lonsdale House hotel in the Cotswolds spa town of Cheltenham has been sold.

The business occupied a Grade II-listed Regency building from the early 19th century that is just a few minute's walk from the Promenade and the town centre.

The semi-detached provided nine bedrooms to sleep 16 or more guests, a residents' lounge, and an 18-seat breakfast room overlooking the rear walled garden. A lower-floor flat with a double bedroom was reserved for the owners.

Trading as a B&B, Lonsdale House achieved a £41,612 profit on a net turnover of £82,157 in the year to 31 March 2007.

The Cheltenham office of Hamptons International and the Cirencester office of Colliers Robert Barry worked together to sell the freehold off a guide price of £650,000. The private buyers plan to convert the property into a family home.

By Angela Frewin

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking