MAYFIELD HOUSE HOTEL CRUDWELL Easy to run 29 bedroom Best Western branded country hotel

In pretty Cotswold village between and the M4

Prominent position, charming walled gardens and ample car parking

Profits of £220,000 as recently as 2016

Year ended December 2018 showed £829,625 net sales

£1.45m Freehold

MAYFIELD HOUSE HOTEL CRUDWELL | | | SN16 9EW BACKGROUND

Mayfield House is a 29 bedroom Cotswold hotel that is not a listed building, and is a well-established business that consistently produces an excellent profit. The secret of its success is that it is aimed squarely at a mid-market clientele to whom it provides the style of comfort and welcome that they seek at a reasonable price. Most of the guests stay for two or three day breaks and much of the income is derived from repeat business, topped up by a certain amount of commercial trade, plus Classic Car Club bookings and local functions, for which its easily accessible Cotswold village location, prominent position & attractive walled gardens make it an ideal setting.

The charming village of Crudwell straddles the A429 roughly halfway between Cirencester to the north and Malmesbury to the south, both well worth a visit. This makes it the perfect base from which to explore the lovely towns and villages of the Cotswolds such as Tetbury with its royal connections, Bourton-on-the-Water and Burford, while being within easy driving distance of Westonbirt Arboretum, Dyrham Park, Bath and Cheltenham, to name but a few.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW Similarly, the growing popularity of the Cotswold Our clients bought the hotel in the summer of 2007, Water Park, just to the east of the hotel is adding attracted by the ease of operation, reliable trade new interest every year. So it has many attractions and excellent location. They have made steady for visitors and is also a lovely part of the world improvements over the years and the hotel is well for its owners to enjoy. set up for the mid-market 3 star/AA rosette trade which it targets. After 13 years at the helm, our Easy to reach from west London and the wealthy clients have a variety of roles outside the hotel towns of the M4 corridor the hotel has a large, (indicating how little owner supervision the hotel affluent and convenient catchment and the can operate successfully with), and the plan is to newly licenced with its sell to concentrate on those other activities. expansion potential.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW The hotel is thought to have been built originally as a farmhouse and was the business premises for the famous veterinary practitioners for over 200 years, Pettifer & Sons, until the 1960’s when it became a hotel.

All the oldest parts of it are of Cotswold stone construction under slate roof. It has been much extended and altered over the years and there are also two smaller building, The Stables, and The Cottage. THE PROPERTY Accommodation is laid out on ground and first floors, with two second floor bedrooms in the main house and basement cellar.

Recent refurbishments, we are advised, include new heating & water system, fire alarm system, WiFi through-out , computerised 2-way hotel management system, bedroom furniture, re-carpeting and double glazing.

PUBLIC AREAS The main entrance to the hotel is from one of the 3 the car parks at one side and it opens into a large Reception Lounge. To one side there is a reception desk with an office behind and the room is furnished with comfortable leather sofas and wingback armchairs. Beyond it is the Bar, an attractive, L-shaped room with French windows opening onto the garden. Conference room, known as the Stone Room because of its exposed stone walls, seating up to 40–45 for functions and private dining. The main restaurant seating 20 and 30 in two separate, raised areas. It is a very attractive room with beamed ceiling and generous windows overlooking the hotel’s garden.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW LETTING BEDROOMS OWNERS’/STAFF ACCOMMODATION 29 letting bedrooms to sleep 52–56 (20 double/twin, 4 family, 4 single). The present owners do not live in the hotel. Two Single rooms are currently used by staff. 10 rooms are upgraded as Previous owners have occupied the stone building superior on the garden side of the hotel and in The Stables, ground floor known as The Stables. rooms are dog friendly. One room is currently occupied by staff. SERVICE AREAS All bedrooms have en suite facilities, 18 bathrooms and 9 shower rooms, Kitchen. Prep room. Wash-up. Walk-in refrigerator. 2 wet rooms , and all are equipped with direct dial telephone, flat screen colour Basement cellar. Boiler house/drying room. television, tea and coffee making facilities, hairdryer, bathrobes, magazines and Maintenance room. Various wooden stores. holders. All have central heating. There is wireless connectivity throughout.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW OUTSIDE

The hotel has the bonus of a very attractive and well kept part-walled garden, which is largely laid to lawn (sometimes used for croquet) surrounded by well stocked flowerbeds. There is a tarmac carpark to the side of the hotel and a larger one at the rear. Approximately 0.85 acres (unmeasured) in all.

SERVICES Mains electricity, water, mains drainage. LPG fired central heating/for cooking.

LICENCE Premises licence. Wedding licence.

LISTINGS AA 3 star. Rosette award for food quality.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW FINANCIALS

TRADE As recently as 2016 the hotel generated profits of £220,000 from almost £925,000 net sales. This has reduced since then and 2019 saw revenue at a low of £733,000 as a result of a combination of external one-off factors and poor revenue generation. New committed owners will no doubt quickly be able to restore revenue, and profits, to former levels.

PRICE £1.45m for the freehold interest complete with trade contents (subject to inventory and excluding personal items) and goodwill. Stock at valuation.

FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW DIRECTIONS

If you take junction 17 off M4 then the A429 from Malmesbury northwards towards Cirencester, you will come to Crudwell in around 4 miles and see Mayfield House in the centre of the village on your left hand side, just over the old stone bridge.

Kemble mainline railway station 2 miles MAYFIELD HOUSE HOTEL Malmesbury 4 miles Tetbury 5 miles Cirencester 7 miles M4 (Junction 17) 10 miles Swindon 14 miles Bath 22 miles Bristol 32 miles London 110 miles

DISCLAIMER PETER BRUNT LLB DIPLE MRICS Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute any part of an offer or contract. Details are given without any DIRECTOR OF HOTELS | AGENCY Ground Floor responsibility and any intending purchaser should not rely on them as statements or representations of fact, Templeback but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in D: +44 117 917 2062 the employment of Colliers International has any authority to make any representation or warranty whatsoever 10 Temple Back in relation to this property. (January 2020). M: +44 7885 096857 Bristol | BS1 6FL Colliers International is the licensed trading name of Colliers International Property Advisors LLP which is a limited liability partnership registered in and Wales with registered number OC385143. [email protected] Our registered address is at 50 George Street, London, W1U 7GA.

MAYFIELD HOUSE HOTEL CRUDWELL | MALMESBURY | WILTSHIRE | SN16 9EW