Auction House London

Lot 67

Hotel - Commercial Property 

The Castle Hotel

50 New Barns Road, Ely, Cambridgeshire, CB7 4PW

Sold for £625,000

A Freehold Hotel Investment Providing Seventeen Bedrooms Let on an FRI Producing £48,000 Per Annum


The property comprises a well located detached hotel arranged over ground and two upper floors.


The properties are situated on a residential road in Ely close to local shops and amenities also only 15 miles from the city of Cambridge. The open spaces of Roswell Pits Nature Reserve are within easy reach. Transport links are provided by Ely rail station.


Ground Floor
1x Superior Double Bedroom with en-suite
2x Split Level Double Bedroom with en-suite
1x Superior Family Suite (double and sofa bed) with shower room

First Floor
1x Twin Bedroom with en-suite
1x Double Four Poster Bedroom with en-suite
1x Double Bedroom with en-suite
2x Family Quad Bedroom (double and two singles) with en-suite
2x Triple Bedroom (double and single) with en-suite

Second Floor
3x Single Bedroom with shared bathroom
1x Triple Bedroom (three singles) with shared bathroom
2x Double Bedroom with shared bathroom


The property benefits from off street parking for multiple vehicles.


The property is subject to an 21 year FRI Lease from February 2017 with no breaks at a rent of £48,000 per annum (RPI-linked rent reviews every 3-years).

Current Rent Reserved

Current Rent Reserved £48,000 Per Annum


For the Hotels website please visit:

Joint Agent

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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