* Freehold
* Stunning Grade II listed, 17th century building situated in the heart of Newmarket.
* Planning permission granted for 72 en - suite bedroom hotel.
* Part refurbishment of existing building and part new build.
* Property has been fully stripped back ready for work to begin.
* Land acquired to rear of hotel for the development of a new building, comprising of 44 en - suite bedrooms, with 28 remaining in the existing building.
* Freehold available, with unconditional offers in excess of £2, 250, 000 expected.
* The hotel will also include 4 meeting rooms, a large open plan bar, stunning courtyard terrace, high - end restaurant with up to 140 covers, .
* It will also include meeting and events facilities to cater for up to 120 people, as well as top of the range commercial kitchen, linen store, staff changing facilities and more.
* Located centrally in Newmarket on the High Street, with easy access to Newmarket racecourse and many other local amenities.
* All documents including Design & Access Statement, floorplans, financial projections and planning permission all available upon request.
Imposing 17th century coaching inn style hotel, with detailed planning
permission and listed building consent to create a 72 en - suite bedroom hotel,
situated in a prime location on Newmarket High Street. Suitable for a number
of other uses subject to any consents required.
**The Rutland Arms Hotel, Newmarket**
Paul Hubbard Commercial are delighted to present one of the most iconic
properties Newmarket has to offer, The Rutland Arms Hotel.
The Rutland Arms Hotel is a Grade II listed property which exudes a sense of
history and charm. It is housed in a beautiful Georgian building that has
retained many of its original architectural features, giving guests a taste of
the town’s rich heritage.
The hotel has a rich history going back to the 17th century, when it operated
as a coaching inn under the name “Ram Inn”. There are reminders of this period
all across the site, from the beautiful cobbled courtyard at the heart of the
property, to the original entrance where horse and cart would have entered
into the premises.
The property was first commissioned as a hotel by the fifth Duke of Rutland in
1815, and it has remained as such for the 200+ years since then.
The current owners purchased the hotel in 2018 as a 3 - star hotel boasting 46
rooms, a restaurant, a cheese and wine bar, a courtyard terrace and conference
and event facilities, with a view to expanding and improving the site to cater
for more guests. Sadly the owners are no longer in a position to take the
project forward, so are seeking a buyer to bring their hard work and plans to
fruition.
In summary, the Rutland Arms Hotel is a historic and charming establishment
that will combine traditional elegance with modern comfort. Its association
with the world of horse racing makes it a unique and popular choice for
visitors to this equestrian hub in England. Whether you’re a racing enthusiast
or simply looking for a charming and comfortable place to stay, the Rutland
Arms Hotel will offer a memorable experience.
**Planning Permission**
Planning permission has been granted to develop a 72 en - suite bedroom boutique
hotel, which would also include 4 meetings rooms, an open plan bar area with
multiple private lounges, a restaurant with capacity for up to 140 covers and
a beautiful courtyard terrace where guests can enjoy food or drinks.
The event and conference facilities will be able to cater for up to 120
guests, and could be hired for a range of functions including weddings,
corporate functions, birthdays, private dining experiences and much more.
The property will include a high end, spacious commercial kitchen, offices,
staff canteen and changing facilities, linen stores, plant rooms, goods and
services intake and a new loading bay on Palace Street.
There will be a private car park for up to 17 vehicles, and the project will
be part refurbishment of the existing building, as well as part new build on
the land adjacent which has been purchased by the current owners.
The original part of the building will include 28 en - suite bedrooms and the
bar and restaurant facilities, and the new build element will comprise of an
additional 44 en - suite bedrooms, bringing the total to 72.
All bedrooms will be air conditioned and finished to the highest standard
possible. Fabrics, furnishings and materials for each room have already been
chosen by the current owners, however the new owners might choose to take it
in a different direction depending on their requirements.
The interior of the property has been completely stripped back, ready for work
to start as soon as a sale is complete.
The owners have invested heavily to put together a complete design package and
plans which truly embrace the rich history of the building, keeping as many
original features as possible and making them focal points of the property,
whilst also embracing more contemporary ideas throughout to create a well -
balanced and unique experience for all of their guests.
All documentation relating to the property including architectural floorplans,
5 year financial projections, M&E specification, Design & Access Statement,
civil and structural engineers designs are all available to view upon request.
**Potential**
The Rutland Arms Hotel has a towering presence on Newmarket’s High Street, so
it’s location alone presents a huge amount of commercial opportunity for the
new owners.
Newmarket is known as the “Home of Horseracing, ” attracting racing
enthusiasts and tourists from around the world. Over 340, 000 people visit
Newmarket to attend races throughout the year, offering huge potential to
local hospitality businesses to help cater for their often - expensive needs.
Newmarket has a rich history, with attractions like the National Horseracing
Museum and Palace House. These cultural sites can attract history buffs and
tourists interested in the town’s heritage, bringing more money into the local
economy.
Newmarket’s positioning within East Anglia is another plus point. It is just
21km to the historic city of Cambridge, but also easily accessible from London
via train and neighbouring counties via the well - connected A roads nearby.
Projected Trading Performance
YearNet TurnoverOperating Profit
1£3, 208, 262£766, 361
2£3, 859, 941£960, 367
3£4, 379, 278£1, 023, 556
4£5, 004, 889£1, 184, 374
5£5, 774, 872£1, 499, 690

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