Nettle Hill, Brinklow Road Ansty, Coventry, United Kingdom, CV7 9JL

Nettle Hill occupies a 6.6-acre (2.67-ha) site and comprises a series of buildings used as offices, conferencing and wedding event spaces as well as 4 residential properties, the oldest and largest of which is the original and imposing 17th century farmhouse building.

Most of the current buildings were either substantial conversions / renovations of former farm buildings or newly constructed by the current owners from 1987 onwards.

The property includes a 50 space tarmac car park as well as an overflow car parking area.

Nettle Hill is located 6.9 miles north-east of Coventry and 1.5 miles south-west of the pretty village of Ansty.

Communications are excellent. The property is 5 minutes’ drive to Junction 2 of the M6 motorway which links to the M1 Motorway and the A14. Birmingham International Airport is 18 miles / 35 minutes’ drive via the M6 and M42 motorways. Coventry Station provides rapid 56-minute journey times to London Euston.

The location of Nettle Hill makes it ideally situated as a conferencing, wedding and events venue.

The vendor purchased Nettle Hill in 1987 and invested substantially in the early years of ownership to develop the property into a successful multi-use venue. Despite the positive business income flow in recent years, the vendor has been winding down operations at Nettle Hill ahead of disposing of the freehold interest in the property.

Nettle Hill would benefit from investment in refurbishing elements of the property and aggressively marketing the conferencing and events facilities, including the lucrative wedding venue market to generate significant income growth.

Two of the attractive residential buildings included in the sale, The Green which adjoins The Farmhouse and Acorns, are occupied by the vendor. Both would be attractive on an AST basis at a combined rental value of c. £36,000 pa / c. £3,000 pcm or on a short-term Airbnb / Booking.com basis as per Magna and The Farmhouse. These three properties are interlinked but current access is stopped up. The properties could very easily be ‘opened up’ to create a single, impressive and large residential building. Alternatively, the uniqueness of the property lends itself to a variety of other uses, subject to planning and other consents. Uses could include educational and / or bed-led conversion and development.

In addition to the property derived income, Nettle Hill’s conferencing and events business (which does not form part of the sale) is
licenced to undertake marriage ceremonies and to provide food, alcoholic beverage and entertainment offerings.

The vendor has been winding the business down over the past 3 years in anticipation of selling the property and Covid adversely impacted the business. In the year to March 2018 the business generated c. £260,000 in gross revenue.

Fixtures & Fittings are excluded in the freehold sale, however they could be available via separate negotiation

The current owner is a Charity and over the past two years has been winding down its activities at Nettle Hill which became well established as an events venue over a 25-year period. Nettle Hill now offers an entrepreneurial purchaser the opportunity to benefit from the property derived income, regenerate the conferencing and events potential at Nettle Hill, as well as 2 houses which are currently occupied by the vendor.

Freehold