Description
A freehold 15 bedroom hotel with bar, restaurant, function room and owners accommodation with two bedrooms, offered with vacant possession upon completion. The hotel was trading until relatively recently and we are advised many fixtures and fittings will be included within the sale giving a new owner the scope to reopen with minimal expense and effort. There has been a recent refurbishment to the premises and it presents well. Interested parties are encouraged to inspect the legal pack and view the premises to appreciate this opportunity.
The Springfield Hotel occupies a prominent position on Beach Road in the highly desirable coastal village of Fairbourne, ideally located between the sea and the foothills of Snowdonia Eryri National Park with many local attractions and beauty spots to explore. This prime setting benefits from strong year-round tourism, driven by both domestic and international visitors.
The property is situated just moments from the coastline, with direct access to the expansive sands of Fairbourne Beach, one of the region’s most popular tourist destinations, attracting significant seasonal footfall and repeat visitors.
The wider area is well-established as a leisure and holiday hotspot, with nearby attractions including the seaside town of Barmouth, Fairbourne steam railway, Fairbourne golf course and Cader Idris. These key draws underpin consistent visitor numbers and support a robust hospitality market.
Connectivity is provided via the A493 coastal route, linking the property to regional centres such as Barmouth and Porthmadog, while nearby rail services further enhance accessibility for tourists.
Combining a high-visibility coastal position with proximity to major tourist attractions, The Springfield Hotel is ideally located to capitalise on the strong and enduring demand for accommodation within this established holiday destination.
_https_www.springfieldfairbourne.co.uk/
Costs
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.5% of the purchase price inc. VAT
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
