Cricket Field House, a four star Bed & Breakfast overlooking the cricket ground in the centre of Salisbury, has new owners following a deal brokered by Colliers International.
The award-winning hotel had been placed on the market by Brian and Margaret James, following a 30-year labour of love which transformed the once run-down Victorian property, that was originally a game-keeper’s cottage on the Wilton estate.
The extensively upgraded and extended accommodation includes spacious rooms and a modern annexe. It was sold off an asking price of £1.55m.
Ed Jefferson from Colliers International said: “Having completely refurbished the house from top to bottom the vendors, Maggie and Brian, have decided to retire and allow new owners to take this smart and profitable business forward.
“Perhaps unusually in this day and age, the vendors chose to reduce the number of rooms while increasing the quality of the bedroom stock to create attractive suites.”
Prominently located just two miles from the centre of the cathedral city and eight miles from Stonehenge, Cricket Field House is adjacent to the Wilton Road home of South Wilts cricket club.
The new owners of Cricket Field House, which dates from 1850, are John Hughes and Liz Wharton.
Mr Hughes, an engineer by profession, has built a property rental portfolio over the past four years after retiring from full time work.
He said: “Our intention is to maintain the high standard achieved by our predecessors whilst keying into the changing trends that the hotel industry is seeing in the UK now.
“The operational balance and profit margins between conventional Bed & Breakfast and Serviced Apartments is seeing a drift towards SA in certain demographic areas.
“Liz and I will be carrying out detailed studies of the trends in Salisbury and parallel cities to assess our product range.”