Former Featherstone Hotel, The Kings Repose Restaurant and Cottages, New Road, Featherstone, WV10 7NW
- Type: Development Site,Residential,Other
- Size: 1.45 acre (0.59 hectare)
- Status: For Sale
- Location: Featherstone Hotel, New Road, Featherstone WV107NWView map
- Investment opportunity
- Mixed use premises including Hotel, Restaurant and 6 cottages ( all cottages are privately tenanted)
- Planning permission secured for 3 additional dwellings
- Desirable South Staffordshire Location with excellent transport links
Full Property Description
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.
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.
Scope for further development (subject to planning permission).
Planning permission was granted in August 2021 for:
“change of use of the former Hotel to three no. dwellings with minor extensions”
The site comprises of the following:
|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|
The Freehold purchase price for the whole site will be available upon application.
The Featherstone Hotel will be Freehold with Vacant Possession upon completion.
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.
The rateable value of the King Repose is £12,000.
|Property||Council tax band|
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
|Featherstone Hotel||Has been commissioned|
|The Kings Repose||Has been commissioned|
|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|
Each party will be responsible for their own costs.
Viewings by appointment only. All enquiries to First City ‘The Property Consultancy’ on 01902 710999 quoting reference 4904. Ask for Chontell Buchanan firstname.lastname@example.org.
SUBJECT TO CONTRACT