Two closed 15-bedroom hotels in Canterbury, Kent, The Castle House Hotel and The Canterbury Hotel, are being sold by global real estate advisor, Colliers International, off guide prices of £1.75 million and £1.5 million respectively. Owned by the same private client, the properties are being offered for sale on a joint or individual basis.
The Grade II listed Castle House was acquired by the current owners in 2008 and has been lovingly refurbished. With original parts dating back to the 1730s, the property is an architectural gem and local landmark, incorporating part of the original city walls and moat. It also has the added benefit of a private car park.
The Canterbury Hotel is believed to be one of the oldest hotels in the city with original parts dating back to the late 18th century. Located a little further out than its sister property, it’s still only one mile from Canterbury Cathedral. Acquired in 2014, it has benefited from extensive refurbishment to create an impressive product offering. The property comprises two buildings, a courtyard garden and a car park.
Canterbury is a world famous walled cathedral city. It was renowned in medieval times as a place of pilgrimage and has a rich architectural and literary history. Located in the home county of Kent (known as the Garden of England), Canterbury Cathedral is part of a UNESCO World Heritage Site and its origins date back to 597 AD.
Other well visited attractions include numerous museums and galleries. The city’s cobbled streets and multitude of independent retailers and eateries add to Canterbury’s charm. In addition, just to the south of the City are the Kent Downs, an officially designated Area of Outstanding Natural Beauty.
Paul Barrasford, Hotels Agency at Colliers International commented: “The owners recently took the very difficult decision to close the hotels and focus on their other businesses in the city.
“For new potential owners who are looking to reopen either hotel, there is clear scope to re-establish each as a strong business, in particular as the bulk of turnover was previously derived from accommodation.
“Canterbury is one of the region’s most visited tourist destinations, with good transport links, including a direct one hour train into Central London.
“The city is also an important south-east hub which has a vibrant local economy. With domestic tourism proving especially robust, we expect the city’s hotels to bounce back strongly from the disruption of COVID. We are also anticipating interest from interested parties looking to repurpose the hotels.”