Property is being sold by Colliers International.
Colliers International has been appointed to sell the Best Western Rose & Crown Hotel in the heart of Tonbridge, Kent for offers in the region of £2.8 million.
The original parts of the Grade II Listed Rose & Crown date back to the 16th Century and it retains a coaching inn charm with oak beams, commemorative arms and Jacobean panels amongst the features. The property has extended in more recent years and includes 56 guest bedrooms, bar, restaurant and three events rooms, the largest which has capacity for 120 people. There is also an onsite car park for 40 vehicles.
Notable conurbations in the region include Royal Tunbridge Wells (4 miles) and Maidstone (12). London is only 29 miles away, with the fastest train journey time in just 32 minutes.
Paul Barrasford, Director, Hotels Agency at Colliers International commented: “The owners are selling as they look to scale back their business interests. The hotel occupies a great position with the local and regional economy generating strong demand from leisure and corporate clientele. As such, there is clear scope to increase revenues on this already established business. We expect some parties may also wish to consider the scope (subject to planning) to redevelop the rear parts of the property”.
For further information, please contact paul.barrasford@colliers.com
