Millhouses Park Lodge sells for £376,000

0
Have your say

Historic Park Lodge at Millhouses has sold at auction for £376,000 – £26,000 more than its guide price.

The Grade II-listed building, which dates from the 1890s, was at one time Abbeydale’s local police station but since 1998 the building has been occupied and let to Marco@Milanos.

The restaurant will be a permanent fixture at Park Lodge until at least 2023 after a new tenancy agreement was signed recently.

Lucy Crapper, property auctioneer at Blundells Auction House, said: “Park Lodge exceeded our vendor’s expectations due to its interesting history and the substantial investment that has been made into its upkeep.”

But a prime housing site at Norton failed to sell.

The land at Norton Lane, currently occupied by two church halls near St James Church, had a guide price of £430,000-plus.

Planning permission has been granted for three cottage-style bungalows and 10 two-bedroom apartments.

Lucy Crapper added: “Land is very popular but I think banks are reluctant to lend money to purchase land and this is therefore having a knock-on effect.

“The interest is still there and the land at Norton will be a great opportunity for someone in the future.”

In total, almost £1.3 million worth of property was sold at the auction.