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45 bedroom detached house for sale
Swan Square, Stoke-on-trent, ST6
£1,250,000
Swan Square, Stoke-on-trent, ST6
£1,250,000
Our Summary
- Investment & Redevelopment Opportunity - The George Hotel, BurslemOriginally built in 1929 and extended in the 1950s, The George Hotel is an iconic and imposing landmark building in the heart of Burslem town centre
- Offering over 45,000 sq ft of versatile accommodation across four floors (including basement), the property presents a rare opportunity for investors, developers, or operators to acquire a substantial freehold site with enormous potential
- 45,200 sq ft- Bedrooms: 45 en-suite rooms plus staff flat (5 Nile Street, ST6 2AG)- Function space: Three main suites + two basement suites- Other facilities: Public bar, two kitchens, staff accommodationInvestment & Development Potential:- The George Hotel continued operating until June 2024
- Offered with vacant possession and requires refurbishment
- Its scale and location make it ideally suited for:- Hotel refurbishment and relaunch- Residential conversion (apartments/lofts)- Mixed-use redevelopment (residential, leisure, or commercial)Tenure & Terms:- Freehold- Vacant possession on completion- VAT applicable- Business Rates: RV £20,250 (April 2023) | Payable £10,104 pa (2023/24)- EPC: Band D (77)The George Hotel offers a once-in-a-generation chance to acquire one of Burslem most prominent buildings, with exceptional scope for redevelopment and value creation
- Strong redevelopment potential (hotel, apartments, mixed-use)
Description
The George Hotel, a iconic landmark building in Burslem town centre, is an investment and redevelopment opportunity that offers over 45,000 sq ft of versatile accommodation across four floors. The property, built in 1929 and extended in the 1950s, features 45 en-suite bedrooms, a restaurant, lounge bar, and three function suites, as well as additional public bar areas and commercial kitchens. With approximately 20 on-site parking spaces and a service yard, the hotel is situated in an elevated position overlooking the town centre, with excellent road connectivity and proximity to Longport Station. The property is currently generating a turnover of around £400,000 per annum, with Stoke-on-Trent City Council as its main client, and is being offered with vacant possession, requiring refurbishment. Its scale and location make it ideally suited for hotel refurbishment and relaunch, residential conversion, or mixed-use redevelopment, presenting a rare opportunity for investors, developers, or operators to acquire a substantial freehold site with enormous potential.