Leading property consultancy Lambert Smith Hampton (LSH) have been instructed to find a buyer for Ruthin Castle, Hotel & Spa located in Ruthin, North Wales. Comprising of 58 en-suite letting bedrooms, the property boasted a net turnover of £1,970,400 for the year ending 31st December 2019.
Situated on a hilltop position on the edge of the market town of Ruthin in North Wales and located approximately 24 miles from the City of Chester, the hotel is set in a parkland estate of 26 acres of formal gardens and grounds. The hotel is well positioned to take full advantage of the business opportunities provided by the re-opening of the wedding, staycation, corporate and leisure industries.
The impressive castle property is believed to date back to 1277 and is steeped in history having passed through the hands of monarchs and noble families prior to its conversion to a hotel in the mid-20th Century.
The property benefits from a wide range of amenities including extensive conference and banqueting facilities with capacities ranging from 12 to 130 guests across 6 suites also making it an excellent setting as a wedding venue. The castle has been extended, refurbished and added to in more recent times, yet still retains its magnificent charm and character.
Offers are invited for the freehold interest in the hotel and interested parties should contact Martin Davis or Hugh Anderson for further information or to arrange an appointment.
Martin Davis, Director – Hotels & Leisure at Lambert Smith Hampton said:
“We are delighted to bring the hugely impressive Ruthin Castle Hotel & Spa to market and we firmly believe that this represents an excellent investment opportunity. It is currently rare to find an opportunity like this which offers so much potential to operators”.
“The nature of Ruthin Castle offers a number of potential opportunities to take full advantage of the reopening of the hotel industry, none more so than the wedding sector”.
“We believe that as well-established hotel and spa in North Wales, interest will be high for this sought-after opportunity”.
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