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Lord Nelson Hotel, Park Street, Telford, Shropshire, TF1

£495,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
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SECTOR

14 bedroom hotel for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Planning permission granted for the conversion to ten flats
  • Substantial Grade II Listed property
  • Former hotel
  • Close to town centre
  • Large car park to rear

Description

The popular market town of Wellington is located on the northern edge of the Telford conurbation, just off the M54 motorway. Telford is one of Britain's fastest developing towns, being home to much industry and commerce. It holds a strategic location in north Shropshire, being beside the M54, close to its junction with the M6 and near to both the West Midlands and Manchester conurbation.

The Lord Nelson Hotel, positioned on the edge of the main town centre, is a substantial Grade II Listed building that has been developed from two former private houses. It has operated as a hotel for a number of years but recently closed. It has the benefit of planning permission for the conversion into ten flats.

TRADE AREAS
Ground Floor
- LOUNGE, RESTAURANT, and RECEPTION.
- CUSTOMER TOILETS.
- KITCHEN.
- OFFICE.
- BASEMENT.
- BEER CELLAR

Frist and Second Floor
- 12 LETTING BEDROOMS accessed via two separate staircases.

PRIVATE ACCOMMODATION
Flat comprising LOUNGE, KITCHEN, BATHROOM , and TWO DOUBLE BEDROOMS.

EXTERNAL
Large CAR PARK to the rear. Lawned garden.

The premises has previously operated successfully as a hotel for 30 years but has recently closed subsequently the licence has currently lapsed, but this could be reinstated if the new owners decided to reopen the business.

Full planning permission has been granted for 10 residential apartments additionally, Planning was previously granted for 4 residential units in the car park, which has now lapsed but demonstrates development potential. There may also be potential as an HMO (subject to planning).

Lord Nelson Hotel, Park Street, Telford, Shropshire, TF1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wellington Station0.2 miles
  • Oakengates Station3.0 miles
  • Telford Central Station3.6 miles

About Sidney Phillips Limited, The Midlands

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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