Owning and running a large and profitable B&B in a city such as Bath can be financially rewarding and a life changing choice. Properties like the Ayrlington Hotel are rare indeed. It has that crucial mix of central location with easy access to the sights, lovely views with a real sense of space and parking.
It is on the market with sector specialists Colliers International at an attractive £2.75m and there has been early interest from hotelier investors.
“Over the years we have sold other businesses in the city, but they don’t come to the market often so this represents a rare opportunity to buy one of the larger B&Bs in this enduringly popular tourist city” comments Simon Wells of Colliers.
The Ayrlington Hotel, which has views across the famous Rec (home to Bath Rugby) to the Abbey beyond. “Present owners Simon and Mee Ling Roper have worked hard to create an atmosphere of peace and tranquillity,” continues Simon Wells. “They bought the property in 2000, returning from Singapore to raise their family. Bath was a natural choice with great state and private schools as well as a top rate University.”
Built for the Eldridge Pope brewing family in the early 1860s of golden Bath stone, the Grade II listed Ayrlington is just minutes away from the city’s world heritage attractions.
“We expect The Ayrlington to attract international interest too as Bath always brings worldwide interest. In addition to sixteen particularly well presented bedrooms the Ayrlington Includes a superb three bedroom flat for the owners and offers an attractive return.”
“Crucially, it is only an hour and a half or so by train to Paddington making the city a highly desirable place to live and accessible for those looking to escape London.”
The Ayrlington has earned a number of awards including Five Stars Guest Accommodation from The AA, AA Premier Collection as well as multiple garden awards.
“The Ayrlington has seen an increase in revenue over the last few years and there is scope for more”. Simon Wells concluded: “The most striking feature of the flat is the excellent Kitchen/Diner which opens straight through into the Orangery. For an owner not needing the flat the accommodation could make three extra letting bedrooms, subject to the necessary consents, which might include a rather magnificent suite. Pro rata that is another £90,000 net income, much of which will go straight to the bottom line. A great return from a very manageable business”.