For sale

Fairway Motel

Horsefair, Rugeley, Staffordshire, WS15 2EJ
Type Retail
Tenure Freehold
Parking30 car parking spaces
AvailabilityUnder offer
Freehold price£500,000

Location

Fairway Motel is situated in the heart of Rugeley, Staffordshire. Rugeley is a small town close to Lichfield, Cannock and Stafford, less than 5 minutes from Cannock Chase, which is excellent for walking, off road cycling and horse-riding in a tranquil and peaceful setting.

The property is situated in a prominent retail location on Horsefair (A51) which is the main thoroughfare through Rugeley centre. Main access is to the rear of the motel where there is convenient parking directly outside reception.

The town has a population in excess of 25,000, draws on a large rural catchment and boasts numerous restaurants and takeaways and public houses all within walking distance. A short drive away, country pubs and restaurants are plentiful.

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Features

The motel is family owned, has 18 rooms of various sizes from single to large family rooms that can sleep up to six people. The rooms open onto a private enclosed driveway, eliminating traffic and other noises associated with town centre hotels. All rooms are modern and en suite. Free WiFi is available in many of the rooms.  The Motel has a TripAdvisor rating of 4.5 Excellent.

The property also includes a retail investment property at 9 Horse Fair. This is a ground floor ‘lock up’ shop unit with 2 flats above which produce a nominal ground rent. The shop has a total floor area of approximately 645 sq ft and is currently let on an informal basis at a concessionary rent. There is scope to increase the rent and place the property on a more formal tenancy.

The total site extends to approximately 0.23 acres.

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Car parking

The motel benefits from the right to use 30 car parking spaces in the public car park in front of the motel reception.

SUBJECT TO CONTRACT


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