Historic Monmouthshire inn up for sale
Thu, 9th October 2014

Historic Monmouthshire inn up for sale

A 17th century inn in Monmouthshire, which was recently hailed by The Telegraph's 'hotel expert' Fiona Duncan, has been placed on the market by Colliers International for a lower asking price.

The Bell in Skenfrith was originally marketed for £1.2m by another agent. It has now been put up for sale for £775,000.

The current owners acquired the 11-room venue in 1999 and have decided to "direct their energies elsewhere".

Peter Brunt, hotels director at Colliers International, said: "The market is showing noticeable signs of recovery in buyer numbers and lender activity and I believe we will see lots of early interest in this well-known quality business."

The Bell underwent an extensive refurbishment in 2001 and makes £800,000 in net sales. It has a bar, restaurant, public rooms which can seat about 130 and a function room.

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category Wales  |  source Insider Media