Top hotel on outskirts of Sheffield on sale for £2.9m

A popular hotel on the outskirts of Sheffield is up for sale for almost £3 m.

By The Newsroom
Tuesday, 24th May 2016, 12:05 pm
Updated Tuesday, 24th May 2016, 1:28 pm
The Sitwell Arms in Renishaw.
The Sitwell Arms in Renishaw.

The Sitwell Arms in Renishaw, a popular hotel used for weddings, is on the market for £2,995,000 and is being sold because its current owner is retiring.

The hotel sits on the potential HS2 route, with a final decision on whether the new high-speed train line will pass due to be made by the Government this autumn.

There is current uncertainty over whether the HS2 line to Sheffield will go ahead, after shadow transport secretary Lilian Greenwood suggested the city could be ‘cut out’ of the proposals in a new review.

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The 30-bedroom hotel is set across six acres and incorporates two banqueting suites, a fitness centre and a restaurant, as well as separate living quarters for the owner.

The hotel is being marketed by Leeds-based Ernest Wilson Business Sales.

A statement said: “The premises are situated in a commanding main road trading position in Derbyshire. This is a thriving business and is highly profitable with a fantastic wedding trade which has been established for many years.”

It added that the hotel is an ‘outstanding and imposing property’.

It said the hotel is being sold as the current owner is planning to retire after more than 15 years of running the business.

Parts of the stone-built hotel date back to the 18th century, when it was a famous coaching inn.

No one from the Sitwell Arms was available for comment when contacted.