Dorset Inn, Vermont’s oldest, sold

first_imgDorset Inn, Vermont’s oldest, soldFebruary 4, 2008The Dorset Inn has been sold by Sissy Hicks to Vermont Mountain Retreat, LLC. The Dorset Inn, Vermont’s oldest continuously operating inn, has been offering lodging, fine dining, and traditional New England hospitality for over 200 years.Former owner, Sissy Hicks owned The Dorset Inn since 1983. Sissy was chef/owner. Sissy is well renowned for her elegant comfort food. Sissy treated the Inn as her home and created a place of warmth, comfort, and elegance for guests to come from afar and nearby to relax and enjoy her delicious food.Steve and Lauren Bryant are residents of Manchester, Vermont. They formerly owned The Inn at Weston. They are co-owners of The Mountain Top Inn, Chittenden, VT. Lauren is an interior decorator and will focus on fine-tuning the guest rooms. The Bryant’s are very honored to carry on Sissy’s legacy of fine food and comfort lodging.Sissy will remain cooking at the Dorset Inn while training a chef to follow in her footsteps and to carry on the Dorset Inn traditions. Sissy will remain in the area and you will surely see her around.Brian Knight of CBI, Manchester, Vermont, managed the transaction. CBI is New England’s largest privately held business brokerage firm. More information is available about CBI at www.countrybusiness.net(link is external).last_img read more

Fancy a 17 bedroom cash cow with a DA in the heart of Brisbane?

first_imgThe quaint facade of the home at 11 Thornbury St, Spring Hill. Picture: realestate.com.au.Marketed as a “rare investment and potential business venture”, the three-level home boasts an incredible 17 bedrooms, four bathrooms and two kitchens and is perched on a bigger than average inner-city block spanning 374 sqm.The property comes with a development approval and engineered plans for potential renovations to add an ensuite and wet bar to every room, as well as increasing each bedroom to be equal size, resulting in larger self-contained bedrooms. One of the living areas in the home at 11 Thornbury St, Spring Hill. Picture: realestate.com.au.Marketing agent Zac Tully of Ray White Spring Hill said the property was an investor or renovator’s dream with a current occupancy rate of above 90 per cent and annual income of about $114,000.That represents a gross return of around 8 per cent.But with renovations, the property had the potential to return $200,000 a year.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoGET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREMr Tully said interest had come from a mix of investors looking to take over the lease and sit back and get a return and builders looking to go ahead with the DA.He said it was the only property in Spring Hill he was aware of with that many bedrooms.“It looks really narrow but when you go in, it just keeps going out the back,” he said.Records show the property last sold for $1.25 million in October, 2014. This 17-bedroom cottage at 11 Thornbury St, Spring Hill, is for sale. Picture: realestate.com.au.IT might look minuscule from the street, but don’t be fooled — this place stretches for miles once you walk through the front door.Currently used as student accommodation, the old-world cottage at 11 Thornbury Street, Spring Hill has just hit the market for offers over $1.3 million. The kitchen at 11 Thornbury St, Spring Hill. Picture: realestate.com.au.The property has been professionally managed for several years by The Pad property group who has access to tens of thousands of students at any given time.Walking distance to Brisbane’s CBD, St Andrews Hospital, the Spring Hill Baths, Roma St Parklands, the Boundary St food precinct and Spring Hill market place.DON’T BE PRESSURED INTO BUYINGART DECO APARTMENT BLOCK FOR SALEBRISBANE’S PRESTIGE MARKET ON FIREcenter_img One of the 17 bedrooms in the home at 11 Thornbury St, Spring Hill. Picture: realestate.com.au.From the back of the property, there are city views.The well-maintained home has multiple shared living areas, television mounts and airconditioning in every roomThere’s also a cash-operated laundry to bring in some extra cash. The view from the back of the property at 11 Thornbury St, Spring Hill. Picture: realestate.com.au.last_img read more