The Lowther Hotel, Aire Street, GOOLE, East Yorkshire, DN14 5QW
18th April 2023
starts 09:15 AM at Grand Connaught Rooms
starts 09:15 AM at Grand Connaught Rooms
guide price *
£500,000
Tenure: Freehold
!
This property is being dealt by William H Brown, for any enquiries please call 01302 710490
or by email: LeedsAuctions@williamhbrown.co.uk
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT THIS HAS BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
LOT 271 – THE LOWTHER HOTEL, AIRE STREET, GOOLE, EAST RIDING OF YORKSHIRE
The vendors have informed us the property is currently full, with all 15 serviced apartments let out. (Dated 4th April 2023)
15 Bedroom Hotel & Former Entertainment Complex
Offering extensive accommodation and numerous possibilities
Description
The Lowther Hotel is a substantial Grade II* listed building which still stands on the same footprint since building started in 1824 for Sir Edward Banks, one of the contractors responsible for building the new canal and docks for the Aire & Calder Navigation Company. Although the hotel has now closed, its 15 ensuite rooms, all with mini kitchens are all currently offered for let as serviced apartments with a minimum term of one month, for between £150 - £185 per week. This attractive building proudly displays a blue plaque which was presented by the Goole Civic Society for being the oldest hotel in the country. Standing at the end of Aire Street occupying a substantial plot and was originally known as The Banks Arms Hotel. The
property has been renovated and refurbished throughout in recent years and formed part of an extensive entertainment complex in the area. This charming property still retains many period features throughout including murals depicting the docks for which it overlooks, the turned staircase and balustrade, high ceilings and sash windows. The ground floor was turned into an 800 capacity nightclub. To the basement there are large cellars incorporating the laundry and beer cellar. The hotel sits on a large triangular plot a fronted by the hotel with a large cobbled courtyard to the rear. Adjacent to the hotel is the Coach House Public House with the main bar and two large function rooms above. A separate building to the side was previously used as a takeaway and restaurant. Beyond which is the car parking area. This extensive property is steeped in history and offers an excellent investment potential which could be utilised in many different ways. Goole sits along the M62 corridor and well positioned for commuting to Leeds and Hull. It is a fast growing town with major investment attracting companies like Siemens. The hotel is just a short walk away with an array of shops, market, bus and train station.
Accommodation
The Lowther Hotel
Basement: Laundry, Beer Cellars and Storage Rooms.
Ground Floor (Night Club): Entrance Lobby, Hallway, Main Bar with Stage, Two Further Dance/Function Rooms with Bar Areas, Cloakroom, Disabled WC, Ladies and Gents Toilet Facilities with a separate Ground Floor access and Staircase to the Hotel Rooms and Office on the upper floors.
First Floor: Landing, 5 X En Suite Rooms, Office and the Mural Function Room.
Second Floor: Landing, 10 X En Suite Rooms and Boiler Room.
The Coach House
Ground Floor: Entrance Lobby, Bar with Seating Area, Disabled WC, Ladies and Gents WCs, Kitchen with Dry Area & Bar Store.
First Floor: Function Room.
Second Floor: Function Room.
Former Takeaway
Shop/ Sales Area, Side Room and WC.
External: Rear Cobbled Courtyard with Outside Seating Area, Gazebo, Water Fountain, Large Car Park and Bin Storage Area.
Tenure:
Freehold
EPC Rating: N/A
Please Note:
The photos are from when the property was fully open and to be used for guidance only.
Viewings:
W H Brown Northern Auction Centre, 38 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE. Tel. 01302 710490.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
LOT 271 – THE LOWTHER HOTEL, AIRE STREET, GOOLE, EAST RIDING OF YORKSHIRE
The vendors have informed us the property is currently full, with all 15 serviced apartments let out. (Dated 4th April 2023)
15 Bedroom Hotel & Former Entertainment Complex
Offering extensive accommodation and numerous possibilities
Description
The Lowther Hotel is a substantial Grade II* listed building which still stands on the same footprint since building started in 1824 for Sir Edward Banks, one of the contractors responsible for building the new canal and docks for the Aire & Calder Navigation Company. Although the hotel has now closed, its 15 ensuite rooms, all with mini kitchens are all currently offered for let as serviced apartments with a minimum term of one month, for between £150 - £185 per week. This attractive building proudly displays a blue plaque which was presented by the Goole Civic Society for being the oldest hotel in the country. Standing at the end of Aire Street occupying a substantial plot and was originally known as The Banks Arms Hotel. The
property has been renovated and refurbished throughout in recent years and formed part of an extensive entertainment complex in the area. This charming property still retains many period features throughout including murals depicting the docks for which it overlooks, the turned staircase and balustrade, high ceilings and sash windows. The ground floor was turned into an 800 capacity nightclub. To the basement there are large cellars incorporating the laundry and beer cellar. The hotel sits on a large triangular plot a fronted by the hotel with a large cobbled courtyard to the rear. Adjacent to the hotel is the Coach House Public House with the main bar and two large function rooms above. A separate building to the side was previously used as a takeaway and restaurant. Beyond which is the car parking area. This extensive property is steeped in history and offers an excellent investment potential which could be utilised in many different ways. Goole sits along the M62 corridor and well positioned for commuting to Leeds and Hull. It is a fast growing town with major investment attracting companies like Siemens. The hotel is just a short walk away with an array of shops, market, bus and train station.
Accommodation
The Lowther Hotel
Basement: Laundry, Beer Cellars and Storage Rooms.
Ground Floor (Night Club): Entrance Lobby, Hallway, Main Bar with Stage, Two Further Dance/Function Rooms with Bar Areas, Cloakroom, Disabled WC, Ladies and Gents Toilet Facilities with a separate Ground Floor access and Staircase to the Hotel Rooms and Office on the upper floors.
First Floor: Landing, 5 X En Suite Rooms, Office and the Mural Function Room.
Second Floor: Landing, 10 X En Suite Rooms and Boiler Room.
The Coach House
Ground Floor: Entrance Lobby, Bar with Seating Area, Disabled WC, Ladies and Gents WCs, Kitchen with Dry Area & Bar Store.
First Floor: Function Room.
Second Floor: Function Room.
Former Takeaway
Shop/ Sales Area, Side Room and WC.
External: Rear Cobbled Courtyard with Outside Seating Area, Gazebo, Water Fountain, Large Car Park and Bin Storage Area.
Tenure:
Freehold
EPC Rating: N/A
Please Note:
The photos are from when the property was fully open and to be used for guidance only.
Viewings:
W H Brown Northern Auction Centre, 38 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE. Tel. 01302 710490.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: Please contact Auction centre
Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.
lot infomation last updated: 27th April 2023 at 10:25 AM
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