Lavenham’s award-winning Great House Hotel & Restaurant for sale
Specialist business property advisor, Christie & Co is delighted to bring to the open market, The Great House Hotel & Restaurant in Lavenham.
Situated in the heart of the medieval village, overlooking the historic Market Place, this fully refurbished Grade II listed building is renowned as one of England’s finest boutique hotels with an award-winning restaurant, recognised with two AA Rosettes.
The property dates back to the 14th and 15th centuries when it was built by the Caustons, an important weaving family during the height of the town’s reputation as England’s wool capital. Lavenham is world renowned for these beautiful timber-framed medieval properties, with some 300 listed buildings existing in the town. The building was then modernized with the addition of the imposing Georgian façade in the 18th century.
The Great House has operated as an excellent and sought-after fine dining restaurant and hotel for many years. The current owners, Dominique and Julie Tropeano, have owned and operated the business since 2016 when they bought the property through Christie & Co.
Since acquiring The Great House, the couple have invested significantly into refurbishing the property and have created an enviable reputation for both the restaurant and rooms, enjoying a high level of repeat custom as a result. Planning consent has also been obtained enabling the ground floor accommodation to be reconfigured, designed to make the layout and service arrangements even more efficient.
They now wish to retire from the trade to focus on their family and health, along with their other interests. This presents a fantastic opportunity for an experienced chef or regional operator to acquire the hotel and restaurant and build on its ongoing success.
Dominique and Julie comment, “We have enjoyed the past four years managing The Great House and whilst it has been challenging, it has been incredibly rewarding. The level of service and quality of the food served remains to the highest level of customer expectation for this type of establishment. We know The Great House will flourish to new heights when some sort of normality returns. Sadly, it is mainly age and health that force us to make this decision to place The Great House on the market.”
Tim Gooding, Director in Christie & Co’s Hospitality team who is handling the sale adds, “The Great House is an iconic building sitting in the heart of well-known Lavenham and this combined with an excellent business will surely generate demand from the market which, last year in particular, defied expectations and turned out to be one of our busiest years on record in the region, reflecting long term confidence in a very robust hospitality sector. Julie and Dominique have created a stunning ambience in the rooms and restaurant which has driven substantial levels of repeat trade from a discerning clientele who keep returning to enjoy first class food, service and accommodation!’’
The Great House Hotel & Restaurant is on the market on a freehold basis, with a guide price of £1,450,000.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Tim Gooding, Director – Hospitality
P: +44 (0) 7712 792 414
E: Tim.gooding@christie.com
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