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Exceptional Property in Staffordshire

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Status
SOLD / WITHDRAWN
Advert ID
182940
Reference
03856A / Rightbiz

Details

    LEASEHOLD / SPLIT OPTION AVAILABLE

    Large Hall with a guide price of £1,500,000+

    Outbuildings guide price of £750,000

    Prime location – close to M6 and within an hours drive of major cities

    Significant potential for growth & multiple income streams

Intelligent Business Transfer are delighted to bring to the market this desirable property which is located in Staffordshire and presents huge scope for further development. It is an exceptional premises which is currently undergoing renovation to modernise its fixtures and fittings. A new owner with relevant experience or a keen interest in the hospitality sector will find this an ideal platform to purchase and with little effort could step in and begin running operations to generate high annual income. It will also appeal to a large hotel chain looking to acquire a property in this geographical area. There exist a number of opportunities for growth:Developing this property into a luxury hotel would allow the business to successfully generate high yearly takings. By offering individual rooms for hire, the business could attract a wide range of tourists and customers to the area from across the world. Develop the property into a boutique wedding venue where 150+ events could be held every year.Develop into retirement village.Develop site into 21 new build and sub-divide hall into 25 apartments. The project would have a GDV of circa £12-15m. Increased marketing efforts, through establishing an interactive website to allow users to directly book rooms would also be beneficial and it could embrace social media to increase exposure to the property. Functioning as a hotel, it could also look to list on TripAdvisor and similar sites to attract further patronage. Intelligent Business Transfer are searching for a suitable buyer for this amazing property, which is bursting with potential.
Listing Details
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Sector: Amusement Businesses, Venues
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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
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