A "stunning" historic building in the centre of Newmarket is set to go up for sale at an auction.
The Rutland Arms Hotel in Newmarket will under the hammer on Thursday, December 14, at auctioneers Allsop's December sale.
The Grade II-listed 17th century building - which has planning permission to create a 72-bedroom boutique hotel - has a guide price of £1.75-plus million.
Fully consented plans for the building include part refurbishment and part new build to create the new hotel.
They also include the creation of public areas including four meeting rooms, bar/lounges, restaurant areas and a courtyard.
A new building to the rear would house 44 of the 72 guest bedrooms. Allsops says the site offers possible further potential - subject to planning.
The sale include a dedicated private car park for 17 vehicles, accessed via a council car park
"The property has been fully stripped back, ready for work to begin and the sale is to include complete design package, said the agents.
Review Hotels Ltd - owner of the town’s four-red star Bedford Lodge Hotel & Spa - acquired the three-star, 46-bedroom hotel for an undisclosed sum in 2018.
In September, the owners put the hotel up for sale has been put on the market with a price tag of £2,250,000 as they were no longer in a position to progress with the extension and renovation project.
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