Stunning Georgian guesthouse goes on market in Bassetlaw for £2.25m

The Lawns Guesthouse, on London Road in Retford, has gone on the market with a guide price of £2,250,000.

The ‘well-presented’ guest accommodation is housed in a traditional three-story, brick rendered property and has been distinctly split to accommodate 18-bedroom guest houses and eight holiday apartments.

Specialist business property advisors Christie & Co said the guesthouse benefits from its Retford location, which is considered as one of the oldest market towns in England and ‘an ideal base’ for exploring the Nottinghamshire region.

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Key nearby tourist attractions which draw visitors to the area include the historic cathedral city of Lincoln, Rufford Abbey, Welbeck Abbey and the Peak District.

The current owner made the decision to bring the property to market in order to relocate and be closer to his family.

He said: “It is with great sadness that we have come to this very difficult decision of selling this wonderful Georgian property.

"However, we have no doubt our loss will be someone else’s gain and we look forward to finding the right new owner to take the business forward.’’

Gavin Webb, senior agent in Christie & Co’s Licensed and Hotels team is handling the sale and said: “This is a unique opportunity to acquire a large freehold property in a popular part of Retford.

"There is potential to further develop the existing business or alternatively look at change of use, subject to planning and obtaining full vacant possession of the two leased apartments. Buyer confidence remains for good quality such as this.”

For more information visit: https://www.christie.com/

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