Worcestershire Edge Of Riverside Town Country House Hotel For Sale

Property Information

Property:

Leasehold

Lease Terms:

LEASEHOLD: £75,000 to include fixtures and fittings
TERM: Six years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954

ASSIGNABILITY: Fully assignable subject to Landlord’s consent
BOND: A bond equivalent to 3 month’s rent in advance
RENT: £80,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments.

Living Accommodation:

Eight high quality bedrooms, each individually named:- BOLEYN, HOWARD, SEYMOUR, ARAGON, CLEVES, PARR, TUDOR and HENRY.
Each room is at least of double size and each is appointed to an extremely high standard and being EN SUITE with spacious bathrooms and shower rooms. In any other hotel the square footage of these rooms would count for at least double bedrooms, such is the nature of this building. Instead, it offers eight stunning, large, quality bedrooms.

The lower ground floor offers seven rooms, five of which have natural light. This had previously been Manager’s accommodation of seven rooms. The two rooms without natural light are utilised as the laundry area.

Location:

Kateshill House Hotel is an elegant and sumptuously appointed country house hotel located on the edge of the riverside town of Bewdley.

The town stands on the banks of the River Severn and on the edge of the Wyre Forest, historically renowned for its charcoal makers (wood colliers) It is now a popular and busy tourist town conveniently located to most of the Black Country and West Midlands industrial conurbations.

The Kateshill House Hotel is a stunning building standing in a beautifully presented plot of 1.7 acres. The building dates back to mid 17th century and is Grade II listed and has a feature canted bay window running through the three storeys as well as providing the main dining room and two of the bedrooms with a most interesting layout.