Former convent with development potential comes to market for £4 million

15 March 2017

Savills and Colston & Colston, on behalf of the joint receivers, Damian Webb and Phillip Rodney Sykes of RSM Restructuring Advisory LLP, have brought to market a former convent in the South Cotswolds at guide price of £4 million. The Grade II listed property, which is currently trading as a 14-bedroom hotel, has approved planning permission and listed building consent for up to 44 bedrooms. 

Dating back to the mid 17th Century, the property comprises a series of interlinked buildings set on a site of approximately 12.8 acres (5.16 hectares).  Internally, the main property offers 33,358 sq ft (3,099 sq m) of space and features 14 completed hotel bedrooms as well as a restaurant. The Lodge, a 2,481 sq ft (230 sq m) dwelling attached to the main building, is currently used as owner’s accommodation with four bedrooms and two reception rooms.

Martin Rogers, head of UK hotel transactions at Savills, comments: “This former convent is steeped in history and provides a fantastic opportunity to create a striking hotel in an area of the UK which is very popular with tourists.  The existing consent provides scope for developing the hotel business, while the property could also suit an alternative use, subject to securing planning permission.”  


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James Greenslade

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