The Castle Hotel, Lady Bank, Tamworth, Staffordshire, B79

The Property

The property comprises a vacant freehold Grade II Listed hotel and wedding venue totalling approx. 20,409 sq. ft. G.I.A.

The property is arranged over lower ground, ground, first and second floor levels and is of varying age and construction, the oldest part dating back to the 17th Century.

The property is predominantly of traditional red brick, timber beam and truss roof construction, with timber and brick flooring. It is surmounted by part-pitched tiled, part-flat bitumen/felt lined roofs, and there is a small covered courtyard to the rear.

At ground floor level the property comprises main reception, bar within dependent access off Market Street (formerly 'The Bow Street Runner'), lounge, two character wedding and conferencing suites with associated bars, and WCs.

At lower ground floor level there is a restaurant providing seating for approx. 80 covers, cellar, fully fitted kitchen, laundry room, P&M and stores accessed for loading/deliveries via a gate off Holloway.

There is also a disused former nightclub at lower ground floor level which obtained planning consent in 2022 for change of use into two apartments.

There are 20 ensuite bedrooms over the first and second floors and some have recently been fitted with new bathroom suites.

The property offers excellent asset management potential and a variety of value add income streams.

Location

The property is prominently located on the corner of Holloway and Market Street in Tamworth Town Centre. Tamworth is a historic market town and borough in Staffordshire approx. 17 miles north east of Birmingham and 30 miles west of Leicester.

The property is situated immediately adjacent to Tamworth Castle which overlooks the mouth of the River Anker. Tamworth Town Centre, Ankerside Shopping Centre, Tamworth Castle Pleasure Grounds, Ventura Retail Park, SnowDome, and various other tourist, retail and leisure destinations, are all within walking distance of the property.