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Three Ways House Hotel, Mickleton Chipping Campden, Gloucestershire, GL55 6SB

Guide Price
£3,750,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 48 en suite bedrooms - fully refurbished
  • Extensive function/private dining facilities
  • Picturesque village location
  • Car parking
  • Bar, Restaurant and Gardens
  • EPC: D
  • Christie & Co Ref: 3440623

Description

Description

Three Ways House is a stylish 48-bedroom hotel, one of the largest in the northern Cotswolds and famous for its “Pudding Club”.

The hotel has been developed around an original house believed to have been constructed in 1871 and arranged on cellar, ground, first and second (attic) floors with Cotswold stone elevations under a pitched, tiled roof.

Location

Three Ways House Hotel is well located in the heart of the north Cotswolds with convenient access to Chipping Campden 3 miles, Moreton-in-Marsh 12 miles, Stow-on-the-Wold 13 miles and Cheltenham 27 miles. Junction 15 of the M40 is situated 17 miles to the northeast and Junction 8 of the M5 approximately 25 miles to the southwest.

Internal Details

Entrance hall with welcoming log burning stove, bar seating 40 in two sections. Main restaurant at the centre of the ground floor with capacity for 70 seated and up to 100 for functions. Residents Lounge with open fireplace seating 25 guests.

The hotel has several meeting/function rooms. The principal function room is the Terrace Suite seating 85 for dining with dance floor, bar, a partition screen wall (used to reduce the size of the room) and access to the adjoining restaurant, the lounge/break-out room and the outside terrace.

The second largest room is the Hidcote Suite on the first floor. It seats 24 in boardroom style and 50 in theatre style. The Sudeley Syndicate Room seats 8 boardroom style. The Batsford Suite (room 39) seats up to 10.

Fixtures & Fittings

All trade fixtures and fittings are included.

Meetings & Events

Three Ways House is a unique conference and events venue located just 90 minutes from London, 45 minutes from Birmingham and 10 minutes from Stratford Upon Avon, the hotel is easy to find in the centre of the Cotswold village of Mickleton, with plenty of free parking. There are two dedicated conference rooms for a maximum of 80 delegates with both rooms benefitting from natural daylight and air-conditioning with free wi-fi internet access throughout the hotel.

Letting Accommodation

There are 48 individually styled bedrooms; cosy doubles and some superior rooms are located in the main house, whilst six of the seven quirky pudding theme rooms and the classic rooms are located in the garden wing. There are a number of ground floor rooms; some of these have private patio gardens.

Each bedroom has a shower and/or bath and is equipped with tea/coffee making facilities, homemade biscuits, hairdryer, remote control TV, radio, direct dial phone and free Wi-Fi. All the bedrooms have ensuite facilities, eight with ensuite shower and three with jacuzzi bath.

External Details

There are 25 car parking spaces situated to the side of the hotel, with further on street parking to the front of the hotel on Chapel Lane/High Street.

There is a delightful terrace situated to the front of the hotel adjacent to the main entrance providing ‘al fresco’ dining in the Summer months. Landscaped part terraced gardens are situated to the front of the hotel with additional free standing tables and chairs.

The Opportunity

Three Ways House Hotel is a popular meeting and events venue situated in the north Cotswolds close to Chipping Campden, Moreton-in-Marsh and Broadway.

The ample on-site car parking and accessible road (A44/A429) network makes it a perfect venue for leisure break excursions during the holiday season and weekends, whilst also attracting mid-week corporate business.

The Hotel is also well placed for leisure guests being situated close to many tourist attractions including Cheltenham Racecourse and the picturesque northern Cotswolds.

The owners have continued to reinvest in the property, including ongoing refurbishment to the bedrooms and public areas. The business continues to enjoy favourable reviews attracting a high proportion of repeat business.

There is substantial further scope to significantly increase revenue from wedding business and functions including private dining. The Hotel has the potential to build on its reputation and develop its range of customer services including conferences.

Opportunities exist to further develop the Hotel’s reputation in this market, including wedding, private functions and events. For further information and more images, please visit the hotel website:

Staff

The business prides itself on impeccable customer service and operates with a hotel manager and management
team with a number of full-time staff and a pool of part time staff supplementing the business during peak
months.

Trading Information

We have been provided with a forecast Profit & Loss Accounts for the 12-month period to end February 2025 showing a projected turnover of £1.576m. Further financial information will be provided on agreement to an NDA in the online data room.

Tenure

Freehold

Business Rates

Three Ways House Hotel: Rateable Value from 1st April 2023 £TBA

Regulatory

Mains gas, electricity, water and drainage. Gas fired boilers providing heating and hot water. The two main conference rooms and the restaurant are air conditioned as are the seven newest bedrooms.

Energy Performance Certificates

EPC 1

Brochures

Three Ways House Hotel, Mickleton Chipping Campden, Gloucestershire, GL55 6SB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Honeybourne Station3.0 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3440623-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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