The Former Hatherton House Hotel, Pinfold Lane, Penkridge, Staffordshire, ST19 5QP
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55 bedroom hotel for sale
Key features
- Freehold Vacant possession upon completion.
Description
The Hatherton House Hotel was originally the village vicarage, believed to have been built in 1831. It was extended and incorporated into a hotel complex in the 20th Century and later became the Hatherton Country Club before being branded by one of the major hotel chains.
The property which requires a comprehensive repair and refurbishment program is part fire damaged and largely stripped back to shell form.
The accommodation comprises 55 former en-suite bedrooms (all fittings have been removed), former bars, function suites, meeting rooms, offices, reception area, kitchens, ancillary stores, fitness centre including two squash courts, gyms and indoor swimming pool.
Outside there is ample parking and landscape grounds which also require a full makeover.
The property is considered to offer an opportunity to refurbish and is considered suitable for a continuation as a hotel and alternative uses including wedding venue, hospitality, conference centre, health/wellness retreat, care uses, education, offices or complete redevelopment for residential, subject to obtaining any necessary planning permissions.
We have not undertaken a measured survey and all interested parties must seek their own verification of floor areas and dimensions.
Location
The property occupies a rural location fronting Pinfold Lane and is adjacent to Penkridge Sports Centre and Penkridge railway station.
The property is a short stroll from the main street of the historic Penkridge village, where many of the shops and amenities are housed in buildings dating from 15th and 16th Century.
Penkridge lies in South Staffordshire, approximately 5 miles south of Stafford and 10 miles north of Wolverhampton.
Tenure
Freehold Vacant possession upon completion.
Value Added Tax
1. VAT
The property is subject to an Option to Tax exercised by the vendor. Accordingly, VAT will
be chargeable on the sale price unless the purchaser intends to redevelop the property for
use as dwellings (or for other qualifying residential or charitable use) and provides the
appropriate HMRC certificate (VAT1614D/G) to the vendor before completion.
Where such a certificate is provided, the effect of the legislation is that the vendor's option
to tax may be disapplied, and no VAT will be added to the sale price.
2. Note to purchasers
Purchasers intending residential development should obtain appropriate professional
advice and prepare to supply the required certificate.
Purchasers who are VAT-registered for other commercial purposes may be able to recover
any VAT charged.
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.
Auctioneer's Note
Viewing Times
Strictly by appointment with the Auctioneers. Please complete the request a viewing' form or contact the office.
Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
The Former Hatherton House Hotel, Pinfold Lane, Penkridge, Staffordshire, ST19 5QP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Penkridge Station0.1 miles
- Cannock Station4.9 miles
- Landywood Station6.2 miles
Notes
Disclaimer - Property reference 312064. 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 Bond Wolfe, Commercial Auctions. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bond Wolfe, Commercial Auctions on 0121 661 3683.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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