Opportunity to acquire North West Norfolk hotel and spa due to retirement sale
Specialist business property adviser Christie & Co has been exclusively instructed to market the Knights Hill Hotel and Spa, located at the highest point in North West Norfolk.
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Close to the Sandringham Estate, the North Norfolk coast, and overlooking the rural landscape around it, the highly successful independently owned and operated hotel has been stewarded by the same owner for over 35 years, and benefits from a structured and loyal management team.
The historic Grade II listed building is set within extensive grounds and has been significantly extended and improved upon over the years by the current owner, including converting former agricultural buildings into hotel facilities and accommodation. There are currently 79 bedrooms, with planning consent to add 12 further bedrooms granted in July 2024.
In addition to the main hotel accommodation, there is a health club and spa, conference and banqueting rooms and, to the front of the site, the Farmers Arms Inn. Formerly an agricultural building and byers, it has been restored as a traditional-style public house with exposed beams and individual seating areas.
Since acquiring the property in the mid-eighties and commencing the sympathetic restoration of the existing farm buildings, many of which were derelict, the owners of Knights Hill have transformed the property to once again become part of the local community. Over the years, and to complement the core of the property, additional bedrooms and a spa and health cub have been added, creating a popular commercial and leisure destination. With the retirement of the current owners, an opportunity exists for a new owner to continue the success of Knights Hill.
Simon Jackaman, Director – Hotels at Christie & Co, is managing the sale and commented, “This is an exceptional opportunity to purchase one of the region’s finest hotels. This full turn-key opportunity enables a new owner to take over a fully operating business that has an excellent reputation with genuine scope to enhance the trade further.”
Knights Hill Hotel is on the market with an asking price of £7,950,000 for the freehold. Find out more by visiting: https://www.christie.com/1446728/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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