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Bidding stalls on derelict pub

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Wednesday, September 26, 2012
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Stroud Life

BIDS did not meet the £500,000-plus price tag for a derelict pub.

The Bell and Castle in Horsley went under the hammer but it's still in the hands of owner Alex Kerr (pictured) after bidding stalled, short of the £575,000 and £450,000 guide prices.

Auctioneers David James and Partners said it is now available for sale by private treaty.

Mr Kerr had hoped to sell the pub which he started to pull down, as a plot in itself and three building plots with a guide price of £575,000.

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When that failed, three building plots available at a £450,000 guide price were put up but bidding pulled up short.

The 17th Century pub has been at the centre of a row between Mr Kerr, villagers and planners after he bought it in 2008.

He sparked outrage by removing tiles and taking down modern additions.

A government inspector then granted permission to allow him to partly demolish and rebuild it, add bed and breakfast facilities and build three new houses next to it.

In June Mr Kerr said his heart had gone out of the project because of ill health and "all the aggravation".

His original plans to replace the inn with a shop, cafe and housing were opposed by many in the village.

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