A LOSS-MAKING hotel in Herefordshire is for sale for offers over £5 million.
The Chase Hotel in Gloucester Road, Ross-on-Wye, shut its doors in 2019 and owner Camanoe Estates Limited said it wanted to get planning permission for around 100 to 120 apartments and also five houses on the grounds.
But no application has been lodged with Herefordshire Council for the town centre site since it shut in 2019, but there have been conversations with planners.
Agents at Knight Frank said the Georgian house became a hotel in 1927 and there have been later additions and extensions,
It means there is a "significant built footprint" with a large car park adjacent, and ask for offers over £5 million.
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The existing building extends to 27,190 sq ft at the site which is 11.81 acres.
Agents said the building has conversion potential and the grounds have further potential for new build development, subject to planning consent.
They said it is an "exclusive development opportunity" with potential for residential, care or mixed-use.
Agents said the current owners have started pre-application discussions regarding the site’s development, including the redevelopment of the existing hotel and additional residential development within the grounds.
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These documents include arboricultural, ecological, landscape, heritage and asbestos assessments and reports. Prospective buyers will be provided with the pre-application submission and response, but are advised to undertake their own investigations as to planning prospects and development potential.
There are 38 hotel bedrooms, staff accommodation and service areas arranged across the basement, ground, first and second floors. The original residence extends to the basement, ground and first floor level with second-floor accommodation available in a later southern extension to the original property.
The basement has previously been utilised for storage purposes, including beer, wine and other consumable goods. It is accessed via an internal staircase located within the historic element of the building.
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The ground floor space provides a commercial kitchen, staff reception, office, lounge, restaurant, ballroom, conference rooms and other services and storage areas.
The ground floor is accessed via the main internal communication areas and comprises a variety of external exits into the wider grounds, rear courtyard and service areas.
The first floor comprises of double, single and shared en-suite hotel bedrooms, ranging in size, office space, further conference facilities, a boardroom and general service and storage areas.
These areas are all accessed via the main decorative stair core in the original residence and a variety of secondary staircases throughout the later extensions to the building.
The second floor has further double, single and shared en-suite hotel bedrooms ranging in size, an office, stores and circulation areas. This space is accessed via two stair cores within the southern extension of the original building.
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