A boutique-style B&B near the centre of Hereford and the railway station is for sale with Colliers International.
Somerville House is a stylish and spacious Victorian property which has been given a complete makeover by owners Rosie and Bill – helping the popular hotel earn a five-star rating from the AA, annually, for the last nine years.
Built in 1895, the detached villa is situated in a tree-lined avenue and offers a touch of luxury to people looking to explore the historic town.
Colliers International Hotels Director Peter Brunt said: “Somerville House offers 12 letting rooms but there is also a light and airy suite of rooms for the owners and a fabulous garden.”
“Hereford itself acts as a major tourist centre for the surrounding area with a stream of visitors to the Cathedral and the Mappa Mundi exhibition - and the Three Choirs Festival, triennially.”
The Wye Valley, Malvern Hills, Forest of Dean, Hay on Wye (home of the Hay international Literary Festival) and Offa’s Dyke are within a comfortable driving distance.
Hereford is also a major employment centre, with firms such as Bulmers Cider offering further commercial income potential.
Peter Brunt said: “The property was already a smartly presented business when our clients acquired it, and they have lavished considerable additional money on it since – but they feel a sale would allow them to invest in other business opportunities in Italy.
“Most importantly to potential buyers, Somerville House offers considerable scope to upscale the business - whether through converting part of the generous owners’ accommodation into another suite or by moving up a gear from the present rather relaxed business style of the current owners, who are of relatively mature years.
“We would expect that a more intense style of operation could generate profit of as much as 50 per cent of the net turnover of £225,000 for the year ended March 2016.”
Somerville House is on the market at £850,000 for the freehold.