Hotel gutted by fire bought for £490k
A hotel gutted by a huge fire has been snapped up by a mystery buyer at auction for nearly £500,000.
The Mill Hotel in Alveley, near Bridgnorth, was sold for £490,000 through Cottons auctioneers – nearly double its original guide price.
But the identity of the new owners has not yet been revealed.
The site, which sits in 7.9 acres of land on the A442 Bridgnorth to Kidderminster road, was wrecked by arsonists in May.
The Mill, which was a popular wedding venue, closed unexpectedly last September as a result of the financial problems of its owner, Elysian Care, leaving brides-to-be struggling to find alternatives venues to get married.
Cottons said the new owners had exchanged contracts but would not officially complete on the deal before the middle of August.
Graham Hurry, clerk of Alveley Parish Council, said it was hoped a new hotel would be built on the same land following Tuesday's successful auction.
He said: "We believe the community would be very pleased if it was turned back into a hotel. If it came back like the Mill restored, along with a restaurant, it would be a very happy outcome for everyone.
"Any new hotel would of course need planning permission but the council would be very interested to see what the future plans are.
"When the hotel first closed people were very disappointed because it was a much loved facility.
"A lot of people had very happy and fond memories of the place."
The building dated back to the 16th century and was once a working flour mill.
