Luxury Northumberland hotel Otterburn Hall sells for £300,000 at auction

 Otterburn Hall Hotel

UK Hotels for Sale, read article by Sara Nichol published in chroniclelive

A luxury Northumberland hotel which closed without warning three years ago has been sold at auction for £300,000.

Four star Otterburn Hall Hotel went under the hammer at the Agents Property Auction, at Newcastle’s Marriott Hotel, on Monday.

And the 25-bedroom property, which also boast two bars, large kitchens and reception rooms, narrowly made its reserve price of £300,000.

In the auction catalogue, the description of the hall read: “A rare and unusual opportunity to purchase a magnificent 25 bedroomed, Grade II listed hotel, within the Otterburn Hall Estate on the edge of the village of Otterburn and surrounded by the magnificent countryside of Northumberland National Park.

“The hotel closed in 2012 but benefits from considerable updating to the bedrooms and en-suite facilities, although is in need of some further updating.

Otterburn Hall

“A magnificent wedding venue, this property forms part of a larger leisure complex.”

Michael Fox, business valuation manager at Rook Matthews Sayer, previously said: “The site itself it in beautiful grounds with amazing views.

“There is huge potential to turn each individual building in to a possible hotel or even there is possibilities to turn it into a some sort of residential conversion.”

Also going under the hammer were the 22-bedroomed Otterburn Hall Annexe, which fetched £145,000, and the 18-bedroomed Coach House, which went to £100,000.

Auctioneer Richard Francis auctions Otterburn Hall

A number of holiday lodges on the estate were also up for sale, with one selling for £34,000.

The hotel was bought by London-based Angel Group from the YMCA in 2002.

The Angel Group was set up in 1999 by multi-millionaire Julia Davey, who is 17th on the list of Britain’s top 50 businesswomen and the 15th-richest in property. Mrs Davey, who has operated in the care and accommodation of asylum seekers, has business interests in London, Eastern Europe, Cyprus and Israel.

In 2011 she was said to have business assets of £80m and a further £51m in property and personal wealth.

In 2002, it was widely rumoured that the Otterburn Hall Hotel was to be used to house asylum seekers.

Up to 250 were thought to be lined up to go there before the rumours were finally scotched in 2003.

Since then, the hotel was built up into one of the North East’s most opulent venues until its closed its doors in 2012.

The closure left around 30 staff out of work and a string of weddings cancelled

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