Archived
Stunning Freehold Guest House in Grade II listed country house
Dunmow, Essex
- Asking Price: £2,400,000 +SAV
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Turnover:
We are advised that the business is forecasted to generate a turnover in the region of £140,000 for 2023. Further financials can be made available upon request.
- Tenure: Freehold
Please quote reference B07501
Hilton Smythe is delighted to introduce to the market Croys Grange, an exceptionally presented Grade II Listed country estate operating as registered guest house since 2003.
Croys Grange is a historic timber-framed country house, built in 1550 with later additions, connected to Tilty Abbey and sold in 1919 as part of the Countess of Warwick estate. The property comprises of five double bedrooms and is set on a private plot of 1.25 acres. The outdoors area is sophisticated and exceptionally curated, possessing its own winter garden, outdoor swimming pool and adjacent variety of outbuildings, including a detached two-storey pool house with showers, stable block, and a double garage on the ground floor with a games room above.
The property has welcomed many guests since its foundation, and is ready to host many more under the supervision of a new owner.
The business features on Air B&B, Vrbo, Olivers Travel along with private bookings. It is currently managed by a local holiday let management company. The purchaser can either continue with the management company or manage the business themselves.
The business is owner run and currently managed by our clients.
Due to the nature of the business, it operates all year round.
The property is situated in the village of Great Easton on the outskirts of the larger town of Great Dunmow, and benefits from the traffic of nearby Stansted Airport. The village of Great Easton has a parish church, public house, and village hall and is only a short walk from the main restaurant and pub establishment. The market town of Great Dunmow is a tourism traffic route, with its shopping facilities, schools and pubs, and ideal location on the M11 en route to Stansted Airport.
Great Dunmow is connected to the main line from London Liverpool Street to Bishop Stortford and Stansted Airport.
This stunning historic country house is in excellent condition both internally and externally, having been renovated by the current owners. The property is also ideally placed for a wealth of experiences in the wider local area, including distilleries, countryside retreats and wildlife lodges.
The rear gardens display curated landscaping by the owners, and include a plethora of specimen trees providing protection to all of the boundaries and an evergreen look to the winter gardens. The outdoor swimming pool with paved tiles is protected by a charming flint stone wall including an outside bar. Adjacent to the pool is the detached games room, perfect for guests, and private catering events. To the far side of the pool is the terrace with stone pillars.
Ground Floor -
The accommodation to the main house comprises a formal drawing room with large bay window, open fireplace and access into a vaulted garden room, offering double doors onto the rear patio and a ground floor study with views onto the rear garden.
The dining room also offers a beautiful bay window onto the front of the house and an open Tudor-style fireplace. The breakfast/family room is dual aspect and offers a lovely Aga, tiled flooring introduced in 2019 and access into entrance lobby, with walk-in pantry and an ample utility room.
The ground floor also comprises a gym room, Orangery, and an outdoors annexe.
First floor -
The first floor is reached via two stairwells at either end of the property, giving access to the five double bedrooms with the stunning part-vaulted main bedroom with a substantial bay window onto the front of the house, and a lovely en-suite bathroom and dressing area. The second bedroom has a vaulted ceiling and en-suite shower room and offers great views of the extensive gardens. The remaining three double bedrooms all offer lovely views of the surrounding gardens and share both a family bathroom and family shower room.
The first floor also comprises of a game room and gym, occupying both the ground and first floor.
Tenure
We are advised that this opportunity is being sold on a Freehold basis.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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