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.