10 bedroom detached house for sale

The Old Railway Station, Station Road, Petworth

Guide Price £1,500,000

Property Description

Full description

How would you like to own a 11 bedroom home? One with its own dining room, ticket office and platform? It's not every day a railway station comes to the market, but even less frequently a railway station that has been lovingly restored to the extraordinarily high standards of the Old Railway Station Hotel in Petworth.

Originally built in 1892 to accommodate the Prince of Wales and his friends on their sojourns to Goodwood and other country estates, the railway station closed in 1966 and sat neglected for decades. It was turned into a family home and, ten years ago, it was acquired by current owner, Gudmund Olafsson.Mr Olafsson has run the Old Railway Station as a boutique bed and breakfast hotel for the last decade and is now looking to retire, giving the perfect opportunity for a new custodian to take over the reins.

Whether you'd be simply interested in the property as a private home, attracted by maintaining the hotel business, or looking at ways to convert the four beautifully restored Pullman carriages into small business units, the space is surprisingly versatile.The station building itself includes the ticket hall, which is currently used as a dining room for breakfasts and afternoon teas. It boasts a host of original period features, including twenty foot high vaulted ceilings, light fittings, real wood floor and the original ticket office windows.

The principal building has a West and East wing. The East wing comprises two en-suite guest rooms, a library and public toilet facilities. The West wing houses the hotel reception and the owner's accommodation. The owner's accommodation benefits from open plan living space to the ground floor and a large en-suite bedroom to the first floor.

For buyers considering a move into the hospitality industry, the bed and breakfast is an award winning favourite of guests from all over the world, Recent plaudits include the Good Hotel's Guide Editor's Choice for romantic hotels, four gold stars from the AA and a place in the Trip advisor's 'Hall of Fame'.In addition to the painstaking detail with which Mr Olafsson has restored the station building and the Pullman carriages, he has had his eye firmly on the future, with the installation of a sustainable biomass boiler. The boiler keeps heating costs down and makes the ongoing running costs considerably lower than they would otherwise be.

Owners Comment"I've had a wonderful ten years here. I have never tired of arriving back at the Old Railway Station and taking in the sight of the beautiful buildings, but it's time to turn it over to someone else now. It would suit a hopeless romantic with a head for business. I'll be sorry to say goodbye, but if the next owner keeps it going as a bed and breakfast, I'll definitely be back for a holiday."A Guide Price of £1,500,000 for the freehold complete with the going concern.

The Going Concern:

The business is award winning and has achieved four gold stars from the AA and a place in the Trip advisor's 'Hall of Fame'. Net turnover for the year ending 31st Mar 2014 was approximately £240,000 with a gross profit of approximately £135,000. Accounts available upon request.

The property has a rateable value of £9,200. Multiplier of 0.493.

Services:

A biomass plant allowing for sustainable living. Mains electric, water and gas.

Tenure: Freehold

More information from this agent

Listing History

Added on Rightmove:
25 April 2016

Nearest stations

  • Pulborough (4.5 mi)
  • Amberley (5.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Chesworths Estate Agents, Horsham

26 North Street, Horsham, RH12 1RQ

01403 611090 Local call rate

How much will it cost me to call the number displayed on the site?

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Floorplans


To view this property or request more details, contact:

Chesworths Estate Agents, Horsham

26 North Street, Horsham, RH12 1RQ

01403 611090 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Pulborough (4.5 mi)
  • Amberley (5.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Chesworths Estate Agents, Horsham

26 North Street, Horsham, RH12 1RQ

01403 611090 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6667970. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chesworths Estate Agents, Horsham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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