Four star hotel, bar and restaurant nestled between Peak District tourist hotspots put up for sale

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A Derbyshire Georgian coaching inn, which is now a four-star hotel, bar and restaurant, could be yours as it goes on the market.

The Greyhound Hotel, on Market Place, Cromford, is currently being advertised on Zoopla and Prime Location for £195,000, which would buy you a two or even three bedroom house in the same area.

However, the property is a leasehold which means it does have a rent of about £42,000 per annum.

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Dating from 1778 the hotel is a nine-minute walk from Masson Mills Shopping Village and Historic Mills, and 1.4 miles from the popular Heights of Abraham.

The Greyhound Hotel, on Market Place, Cromford.The Greyhound Hotel, on Market Place, Cromford.
The Greyhound Hotel, on Market Place, Cromford. | Other 3rd Party

The Grade II listed hotel is also award winning, having won Best Pub in Derbyshire award in the National Pub & Bar awards 2019.

Guy Simmonds, who are marketing the property, said: “A fantastic opportunity to acquire a thriving and well-established business in a stunning sought after historic location.

“Surrounded by picturesque countryside Cromford sits between Matlock and Wirksworth and part of the village is designated as a world heritage site.

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“Flanked by breathtaking views and located within walking distance of the High Peak Trail and Black Rocks and with many tourist attractions and campsites nearby ensures the drawing of tourists, walkers and ramblers all year-round.

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The Greyhound Cromford.The Greyhound Cromford.
The Greyhound Cromford. | Johnston Press resell

“The current owners took over the business in 2016 and have since refurbished the property to create a popular thriving up market business offering a diverse quality range of food and drinks and comfortable accommodation to a highly desirable and repeat clientele.

“New owners could continue to operate the business using the same highly successful formula or they may wish to take the business to the next level. In our opinion, this could be achieved by introducing further letting rooms and the introduction of a carvery or take away pizza offer for example.”

The trading areas have solid oak flooring, hanging chandeliers, log burner and also a private room to host parties or meetings which has waterside views.

To the first and second floors are eight en-suite letting rooms and there is also a one bedroom owners accommodation.

You can contact Guy Simmonds on 01332 494756.