For Sale By Auction | 09:30, 11 September 2024 | Lot 104

Gatwick Inn Hotel, 50 Bonehurst Road, Horley, West Sussex, RH6 8QJ

*Guide | £1,500,000+ (plus fees)

  • Hotel
  • 14 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 11/09/2024

Auction Time

09:30

Auction Venue

Live Stream

Viewing Times:

Wed 4 Sep

12:00-12:30

Sat 7 Sep

12:00-12:30

Tue 10 Sep

12:00-12:30

Thu 19 Sep

15:00-15:30

A Substantial Detached Building Currently Arranged as a Fourteen Bedroom Hotel Offered with Vacant Possession. Potential for Re-Development (Subject to Obtaining all Relevant Consents)

The property comprises a fourteen bedroom hotel providing 50 beds arranged over ground and two upper floors. The property has been recently refurbished

Tenure

Freehold

Location

The property is well situated and close to local shops and amenities, Gatwick Airport is also in close proximity. Numerous green open spaces are within close proximity including Horne Park Golf Course. Transport links are provided by Horley rail station and the M23 motorway is easily accessible.

Accommodation

Basement Laundry/Storage Room Ground Floor Reception 3 x Family Bedrooms (2 with en-suite) 1 x Double Bedroom (with en-suite) Breakfast/Dining Room Kitchen First Floor 2 x Quintet Bedrooms (with en-suite) 2 x Double Bedrooms (with en-suite) Boiler Room Second Floor 2 x Quadruple Bedrooms (with en-suite) 1 x Twin Bedroom (eith en-suite) 1 x Double Bedroom 1 x Single Bedroom Bathroom Storage Room

Exterior

The property benefits from communal gardens and a large off street car park for approximately 40 vehicles.

The Seller has stated that Hotel has been producing an income of approximately £425,000 per annum over the last 2 years.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.