A former coaching inn believed to be one of the oldest surviving hostelries in Wisbech, Cambridgeshire, has been brought to market by the specialist hotels team at Colliers.
The Grade II listed Rose & Crown Hotel dates back to 1461. The 29-bedroom coaching inn sits in Market Place in the heart of Wisbech; a market town, known as the ‘capital of the fens’ with many elegant former Georgian merchant houses which are considered amongst the finest remaining in England. The hotel also features a 180-capacity ballroom licensed for civil weddings as well as meeting rooms, restaurants, a bar, courtyard and car park. It has been brought to the market for £1.2million.
Paul Barrasford, director in the Hotels Agency team at Colliers, said: “The original parts of the Grade II listed Rose & Crown date back to some 600 years ago. It has been extended considerably over the years, but still retains its historic charm. Particularly stunning is the 180 capacity Trumpet Room; a grand space with an opulent vaulted ceiling, it is one of the most impressive venues in the region.
“Throughout the pandemic the accommodation side of the business has maintained a healthy trade, with a strong and profitable performance from bedroom revenues. The business is on an upward trajectory as its revenue streams from restaurants, bars and events rooms have come back online.”
The hotel previously operated as a coaching inn, played host to a local literary society and a previous landlord was the inventor of the Tidnam’s Tipple drink. The hotel was initially thought to be called The Swan, before becoming the Pheasant and Horn and latterly becoming the Rose & Crown. Acquired by a private investor in 2015, the hotel is offered for sale as the current owner looks to focus on business interests closer to their south east base.