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INVESTMENT HIGHLIGHTS
- Beautifully restored Grade II Listed 18th Century Coaching Inn.
- Prominent high street position.
- Private dining room.
- Cottage offering an exciting development opportunity.
- Freehold.
- 11 stylish, individually designed en suite bedrooms.
- Boutique bar and restaurant.
- Courtyard.
- Staff bedroom.
EXECUTIVE SUMMARY
THE BEAR Constructed in 1852, The Bear is a Grade II Listed Coaching Inn that has been thoughtfully restored during its current ownership. Many of the property’s original features are present, including high ceilings, large Georgian windows and wooden panelling.
The property comprises 11 en suite bedrooms that have been individually designed, popular restaurant and welcoming bar. In addition, there is a function room, courtyard and staff bedroom. To the rear of the property is a cottage which provides an exciting development opportunity.
ACCOMMODATION The beautiful en suite bedrooms are all individually designed and each one is as unique as the bears they have been named after. Each bedroom marries modern comfort and heritage charm, with large beds, rainfall showers and original features. There is one staff bedroom.
FOOD AND BEVERAGE The front of the property provides the main bar area with private dining room, known as the Library positioned opposite.
At the rear of the property is the commercial kitchen which abuts the Green Room and restaurant/café. A total of 75 covers are provided here. The glass doors can be opened up onto the courtyard to provide al fresco dining.
At the basement level is an extensive cellar.
DEVELOPMENT POTENTIAL At the rear of the property is a cottage which is in need of refurbishment. It has potential to provide lounge, kitchen, bathroom and four bedrooms. This would be suitable for additional letting accommodation, for managers/owners accommodation, or alternatively could be separated from the title and disposed of separately.
THE BUSINESS The current owners acquired the property in 2018 and spent recent years tastefully refurbishing the property both internally and externally. The business opened briefly prior to Covid but was impacted by lockdowns.
The property comprises 11 en suite bedrooms that have been individually designed, popular restaurant and welcoming bar. In addition, there is a function room, courtyard and staff bedroom. To the rear of the property is a cottage which provides an exciting development opportunity.
ACCOMMODATION The beautiful en suite bedrooms are all individually designed and each one is as unique as the bears they have been named after. Each bedroom marries modern comfort and heritage charm, with large beds, rainfall showers and original features. There is one staff bedroom.
FOOD AND BEVERAGE The front of the property provides the main bar area with private dining room, known as the Library positioned opposite.
At the rear of the property is the commercial kitchen which abuts the Green Room and restaurant/café. A total of 75 covers are provided here. The glass doors can be opened up onto the courtyard to provide al fresco dining.
At the basement level is an extensive cellar.
DEVELOPMENT POTENTIAL At the rear of the property is a cottage which is in need of refurbishment. It has potential to provide lounge, kitchen, bathroom and four bedrooms. This would be suitable for additional letting accommodation, for managers/owners accommodation, or alternatively could be separated from the title and disposed of separately.
THE BUSINESS The current owners acquired the property in 2018 and spent recent years tastefully refurbishing the property both internally and externally. The business opened briefly prior to Covid but was impacted by lockdowns.
PROPERTY FACTS Sale Pending
| Price | $2,608,281 CAD | Lot Size | 0.14 AC |
| Price Per Room | $237,116 CAD | Building Size | 12,209 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1852/2019 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $2,608,281 CAD |
| Price Per Room | $237,116 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 12,209 SF |
| No. Rooms | 11 |
| No. Stories | 3 |
| Year Built/Renovated | 1852/2019 |
| Corridor | Interior |
AMENITIES
- Restaurant
- On-Site Bar
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 11 | $367.02 CAD | - |
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The Bear Hotel | 14 South St
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