Heath Lodge Hotel, 117 Coleshill Road, Marston Green, Birmingham, B37 7HT

24 Bedroom Hotel in Marston Green

Guide price*

£750,000+

Plus fees

Unsold

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Lot 44 Commercial Vacant
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Auction details:

Wednesday 24th June 2020 @ 09:30AM

Live-streamed Auction

A Long Established & Very Well Presented Freehold Hotel with 24 Bedrooms, Licensed Bar & Restaurant, conveniently situated approximately 1½ miles from Birmingham International Airport & Railway Station, The NEC and Resorts World

Property Description

The property comprises a spacious detached three storey property, which has operated as a hotel for in excess of 50 years. Heath Lodge comprises 23 well presented bedrooms, each room having en-suite shower facilities, flat screen TVs, tea/coffee facilities, wireless broadband. There is one additional bedroom, which is currently used by staff. There are attractive communal areas, including a sun lounge overlooking the rear grounds, restaurant and bar, a reception/lounge area, fully equipped catering kitchen, laundry room, ancillary stores and staff WCs. Outside there is a terrace and landscape gardens to the rear including a shed which has been used as an office by the current owners and guest car park to the front for approximately 20 cars. There are 9 double bedrooms, 6 twin rooms, 8 single and 1 triple. The property is considered suitable for a continuation of its existing use or a variety of alternative uses including, residential, care home, HMO, day nursery, subject to obtaining any necessary planning permission.

Location

The property is conveniently situated in Marston Green, south east of Birmingham and approximately 1½ miles from Birmingham International Airport and Railway Station, The NEC and Resorts World. The property is easily accessible from the M42 motorway via junctions 6 and 7 and the M6 motorway.
The proximity of nearby business centres, coupled with other places of interest and tourist attractions ensure a broad business base, which provides largely business clients during the week and at weekends tourists, particularly when there are large events and concerts at the nearby NEC.

Energy Performance Rating

See legal pack.

Tenure

Freehold – Vacant possession upon completion.

Value Added Tax

We understand VAT is not chargeable on this transaction.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

Please ensure that you have viewed the 360 degree video and/or photographs of the property before arranging a viewing appointment. If you then decide you would like to view the property in person, please call our office on 0121 312 1212 and you will be allocated a 10 minute appointment slot.
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.

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. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

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 £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), 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’, 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.

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