Family-owned hotel, restaurant and wedding venue in Oakham on the market
Specialist business property adviser Christie & Co has been instructed to market The Wisteria Hotel in Oakham, Rutland.
Business. Built around You.
Situated in Oakham town centre, The Wisteria Hotel is a family-owned hotel with 25 boutique-style en suite bedrooms and home to the popular Hunters bar and restaurant. The hotel also offers versatile, licensed wedding and event facilities for up to 80 guests, as well as a garden and car park.
The Grade II listed property dates back to 1604 in parts and boasts charming original features including open fireplaces and characterful beams. The property also includes a three-bedroom owner's/staff apartment.
Currently ranked as the top hotel in Rutland on TripAdvisor based on traveller reviews, The Wisteria Hotel is perfectly positioned to allow guests to explore all that Rutland has to offer, from the picturesque market town of Oakham. The hotel is a popular choice for tourists and outdoor enthusiasts, with attractions such as Rutland Water, hiking and biking trails, water sports, wildlife watching, antiques shopping, galleries and heritage sites on the doorstep.
The family owners commented, “After much careful thought, we have made the difficult decision to bring the Wisteria Hotel to market. Since acquiring the property in March 2018, it has been both a privilege and a deeply personal journey to transform the hotel into the thriving and well-regarded business it is today.
“The Wisteria has been more than an investment for our family, it has been our home, and a place filled with milestones, including welcoming our second son during our time living at the hotel and navigating the unprecedented challenges of the pandemic. We are immensely proud of what has been achieved, from the growth of the business to the wonderful team and loyal customer base that underpin its success.
“As our family circumstances and other business commitments have evolved, we feel the time is right to pass the baton to a new owner who can build on the strong foundations now in place. We have every confidence that the Wisteria Hotel will continue to flourish and remain a valued part of the community for many years to come.”
Matt Hill, Senior Business Agent at Christie & Co, is managing the sale process and added, “The Wisteria Hotel is landmark hotel with excellent reviews and established customer support. Oakham is a highly desirable location, and the owners have created a very successful business with a number of different income streams. This is a rare opportunity to acquire an asset of this pedigree, trading performance and positioning.”
The hotel is on the market with an asking price of £1,800,000. For more information, visit: https://www.christie.com/5740709/
For further information on this press release, contact:
