Stage One Project Appraisal V.1.
(for display only)
Location
Hatfield Peverel main line station approx. 3 miles approx. (London Liverpool Street approx. 40 minutes) Maldon town centre 2.7 miles approx. Chelmsford City Centre 9.5 miles approx. Elm Green Preparatory School 6 miles approx. Maldon Court Preparatory School 2 miles approx. New Hall School approx. 8 miles. Excellent main road links (A12/M25 & A414/M11)
The Asset
Key features
* Imposing Country Residence c.15th Century * Impressive Entrance Atrium
* Four spacious receptions * Six bedrooms and four bathrooms
* Bespoke kitchen/family room * Detached Grade II Listed Essex Barn
* Garaging, cinema room, gym * Beautiful established landscaped gardens
* Swimming Pool and Pool House * Plot extending to one acre approx.
Property Description
Dating from the 15th Century, Beavis Hall is a grand country residence with historic additions in 1664, 1700s, and 2006. The hall boasts an impressive Atrium connecting to a barn, offering well-maintained living space in a secluded Conservation Area. Accessed by a private driveway from a gated entrance, the landscaped gardens span around an acre, featuring a Grade II Listed Essex Barn, gym, garaging, cinema room, and an outdoor pool with pool house. The estate is meticulously maintained with hardwood windows, wood/tile floors, and underfloor heating.
The main residence's Atrium leads to a sizable family room, bespoke kitchen, pantry, and cloakroom. The kitchen showcases shaker-style units, granite tops, a breakfast bar, and a four-oven Aga. Opposite are reception rooms, one a study/music room with garden access. The main reception boasts exposed beams, an original fireplace with a wood-burning stove, and a separate sitting room with exposed beams and a large window. A ground-floor bathroom, utility room, and potential Annex-style space are also present.
The first floor offers a principal bedroom with a vaulted ceiling, balcony, and en-suite, and an adjacent fourth bedroom with a stylish en-suite. Above the reception is a spacious second bedroom with an en-suite/dressing area, plus three more bedrooms and a cloakroom.
The serene setting features mature trees, lawns, seating areas, brick walls, pathways, an ornamental pond, a patio, and ample parking. The Essex Barn has oak timbered framing, a gym mezzanine, a garage, a workshop, and a cinema room. The garden's pool area has a Pool House with a shower room and kitchen, plus a Summerhouse. Nearby are the River Blackwater, Hythe Quay, and rail services. Chelmsford City and Stansted Airport are accessible.
Property highlights include surround sound, feature lighting, an Air Source Heat Pump for the pool, biodegradable drainage, and 3-phase electric to the Barn. Tenure: Freehold, EPC Rating: exempt, Maldon District Council Band: G, Fibre Broadband, private drainage, Air Source Heat Pump for the pool.
Details
Set back from the main road on its own private carriage drive and originally constructed in the 1840’s as two large family homes, the buildings were converted into their current hotel format in the mid 1960’s. The original Grade II listed stucco façade including the attractive portico entrances, first floor balconies with period ironwork and plaster detailing were retained, reinforced and pinned onto a modern steel frame structure. At the same time, a substantial rear extension was constructed and subsequently double glazing was introduced into the original front façade. Public areas comprise reception lobby, restaurant, bar, mezzanine lounge, private dining room and courtyard as well as ladies’ and gents’ facilities.
Asking £1.7m
Tenure - Freehold
Commercial Assessment V.1.
Our initial analysis of the potential of the subject property is based on the leveraging of current capacity and existing facilities. We conducted a comparative study of three nearby hotels - Park Grand, Norfolk Towers, and Chilworth - to determine average rate forecasts. These hotels serve as local benchmarks, providing a conservative basis for our projections, although we believe that the introduction of a new boutique hotel concept could exceed these rates.
Upon exploring the property and its surroundings, we discovered that the asset has been on the market for an extended period. The attached original marketing material from the current agent, Colliers, dates back to 2017 and offers valuable historical insights into the property, the road, and the area. Initially advertised for sale at £25 million, the property is currently marketed at "offers over £18 million," indicating a significant price reduction. This suggests that the owners are likely motivated to sell, potentially due to an aborted sale or several unsuccessful attempts.
The property's previous use as a 1-star backpackers hotel is evident from the interior photos provided in the previous brochure. This presents an exciting opportunity for substantial commercial uplift, showcasing the property's potential for improvement and value enhancement.
With this information, we believe that the property holds substantial potential for successful investment and development. Our initial projections show promising opportunities for growth and profitability, considering the size, available facilities, and current market conditions. As we explore this opportunity further, it's essential to consider the motivations of the current owners and how we can leverage this information to negotiate a favourable deal and asses whether to drive the project towards successful completion.
For reference, the previous Hotels.com listing for additional internal photos: see >
