Former Featherstone Hotel, Restaurant & Cottages, New Road, WV10 7NW
POA
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Fully income generating Investment opportunity
- Mixed use premises including Hotel, Restaurant and 6 cottages. Scope for further development (subject to planning permission).
- All of the cottages are privately tenanted. The Restaurant and Hotel are also tenanted.
- Planning permission secured for 3 additional dwellings
- Desirable South Staffordshire Location with excellent transport links
- Separation considered
Description
LOCATION
The site is located in Featherstone, a desirable village in South Staffordshire with excellent connection to the highway network. The A449 and M54 Junction 1 are both 1.6 miles from the site and M6 Junction 11 is 1.3 miles from the site. Featherstone itself is a settlement with a number of services and facilities and is within close proximity to a number of larger settlements such as Coven, Brewood, Penkridge and larger towns and cities including Wolverhampton and Walsall.
DESCRIPTION
This property comprises the Former Featherstone Hotel which is a nine en-suite bedroomed three storey Country style building. There is a mix of single and double bedrooms over all three floors of the property. Each en-suite includes a bath and/or shower. An office, kitchen and dining room are located on the ground floor.
A large garden is located to the rear of the property.
Adjacent to the Featherstone Hotel is a converted barn style property which has been run for many years as "The Kings Repose" Indian Restaurant and a collection of cottages which are all privately tenanted independently of the former hotel use which form part of the site.
To the front of the property is a large cobblestone forecourt offering extensive parking. To the east of the Kings Repose is a large tarmaced area used as the car park for the restaurant.
Scope for further development (subject to planning permission).
PLANNING PERMISSION
Planning permission was granted in August 2021 for:
"change of use of the former Hotel to three no. dwellings with minor extensions"
ACCOMMODATION
The site comprises of the following:
Property______Description_____Sqm
Featherstone Hotel____9-bedroom Hotel____297
The Kings Repose Restaurant____2- storey Restaurant____158
Bottom Cottage____2-bedroom ground floor apartment____46
Bunk House____2-bedroom detached house____74
Buttermilk Cottage____2-bedroom Mid terraced cottage____73
Courtyard Cottage____2-bedroom cottage____62
Meadow Cottage____2-bedroom cottage ____88
Top Cottage____2-bedroom First floor apartment____55
TENURE
The Freehold purchase price for the whole site will be available upon application.
The Featherstone Hotel is also Freehold and will be sold subject to an existing tenancy.
The cottages are subject to shorthold tenancies. Rental income will be available upon request.
The Kings Repose Restaurant is subject to a full repairing and insuring lease expiring December 2025.
RATEABLE VALUE & COUNCIL TAX
The rateable value of the Featherstone Hotel is no longer on the rating list.
Property Council tax band
Bottom Cottage A
Bunk House A
Buttermilk Cottage A
Courtyard Cottage A
Meadow Cottage A
Top Cottage A
SERVICES
We understand that water, electricity and gas are available to the premises.
Interested parties should make their own enquiries with the relevant utility providers.
ENERGY PERFORMANCE CERTIFICATE
Energy performance certificates
Property EPC Rating
Featherstone Hotel Has been commissioned
The Kings Repose Has been commissioned
Restaurant
Bottom Cottage E 39
Bunk House D 66
Buttermilk Cottage Has been commissioned
Courtyard Cottage E 50
Meadow Cottage E 43
Top Cottage E 39
LEGAL COSTS
Each party will be responsible for their own costs.
VIEWINGS
Viewings by appointment only. All enquiries to First City 'The Property Consultancy' on quoting reference 4904. Ask for Chontell Buchanan .
SUBJECT TO CONTRACT
The site is located in Featherstone, a desirable village in South Staffordshire with excellent connection to the highway network. The A449 and M54 Junction 1 are both 1.6 miles from the site and M6 Junction 11 is 1.3 miles from the site. Featherstone itself is a settlement with a number of services and facilities and is within close proximity to a number of larger settlements such as Coven, Brewood, Penkridge and larger towns and cities including Wolverhampton and Walsall.
DESCRIPTION
This property comprises the Former Featherstone Hotel which is a nine en-suite bedroomed three storey Country style building. There is a mix of single and double bedrooms over all three floors of the property. Each en-suite includes a bath and/or shower. An office, kitchen and dining room are located on the ground floor.
A large garden is located to the rear of the property.
Adjacent to the Featherstone Hotel is a converted barn style property which has been run for many years as "The Kings Repose" Indian Restaurant and a collection of cottages which are all privately tenanted independently of the former hotel use which form part of the site.
To the front of the property is a large cobblestone forecourt offering extensive parking. To the east of the Kings Repose is a large tarmaced area used as the car park for the restaurant.
Scope for further development (subject to planning permission).
PLANNING PERMISSION
Planning permission was granted in August 2021 for:
"change of use of the former Hotel to three no. dwellings with minor extensions"
ACCOMMODATION
The site comprises of the following:
Property______Description_____Sqm
Featherstone Hotel____9-bedroom Hotel____297
The Kings Repose Restaurant____2- storey Restaurant____158
Bottom Cottage____2-bedroom ground floor apartment____46
Bunk House____2-bedroom detached house____74
Buttermilk Cottage____2-bedroom Mid terraced cottage____73
Courtyard Cottage____2-bedroom cottage____62
Meadow Cottage____2-bedroom cottage ____88
Top Cottage____2-bedroom First floor apartment____55
TENURE
The Freehold purchase price for the whole site will be available upon application.
The Featherstone Hotel is also Freehold and will be sold subject to an existing tenancy.
The cottages are subject to shorthold tenancies. Rental income will be available upon request.
The Kings Repose Restaurant is subject to a full repairing and insuring lease expiring December 2025.
RATEABLE VALUE & COUNCIL TAX
The rateable value of the Featherstone Hotel is no longer on the rating list.
Property Council tax band
Bottom Cottage A
Bunk House A
Buttermilk Cottage A
Courtyard Cottage A
Meadow Cottage A
Top Cottage A
SERVICES
We understand that water, electricity and gas are available to the premises.
Interested parties should make their own enquiries with the relevant utility providers.
ENERGY PERFORMANCE CERTIFICATE
Energy performance certificates
Property EPC Rating
Featherstone Hotel Has been commissioned
The Kings Repose Has been commissioned
Restaurant
Bottom Cottage E 39
Bunk House D 66
Buttermilk Cottage Has been commissioned
Courtyard Cottage E 50
Meadow Cottage E 43
Top Cottage E 39
LEGAL COSTS
Each party will be responsible for their own costs.
VIEWINGS
Viewings by appointment only. All enquiries to First City 'The Property Consultancy' on quoting reference 4904. Ask for Chontell Buchanan .
SUBJECT TO CONTRACT
Brochures
Former Featherstone Hotel, Restaurant & Cottages, New Road, WV10 7NW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Landywood Station3.3 miles
- Bloxwich North Station3.7 miles
- Cannock Station4.1 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 4904. 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 First City Limited, Wolverhampton. 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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