By George! Period hotel opposite Tintern Abbey for sale through Christie & Co
The Best Western Royal George Hotel, in the historic Monmouthshire village of Tintern, has been brought to the market by the Cardiff office of specialist property adviser, Christie & Co.
The Royal George Hotel has a rich and varied history with parts of the grade II listed building dating to the 16th century. The building has been extended and remodelled to provide well proportioned hotel accommodation and has been under the current ownership since 2007.
The hotel has an excellent reputation as an AA 3 star hotel and is consistently listed in the top 20 of the Best Western quality awards in the UK. The Royal George occupies a generous plot in a prominent roadside position opposite the River Wye and Tintern Abbey, one of the UK’s most outstanding monastic ruins. The hotel offers 16 ensuite guest bedrooms, a bar, restaurant and function room as well as a substantial car park.
Situated in an area of considerable historic importance, the hotel is ideally situated to benefit from the significant amount of tourists who visit the area to enjoy the facilities of the Wye Valley and the nearby Forest of Dean.
John Coggins of Christie & Co’s Cardiff office who is handling the sale comments: “The Royal George is a fantastic opportunity to acquire a profitable hotel in an incredibly sought after location. Tintern has very special feel to it and despite its history, it is only five miles away from the M48 giving easy access to towns such as Chepstow and Monmouth and making the cities of Cardiff, Newport and Bristol all in easy reach. The business enjoys excellent levels of trade and good levels of profitability, but has significant scope for new owners to push the business forward by growing room sales and developing the events trade, taking advantage of the special location.”
Christie & Co is seeking offers of £850,000 for the freehold interest in The Royal George Hotel.