Endangered Building Auction

The Waterloo Hotel in Smethwick and Wingfield Station in Derbyshire have been included in the list of the ten most endangered buildings. Today the Waterloo Hotel will be sold at auction.

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Endangered pub sells for £150,000

The Waterloo Hotel in Smethwick was opened by Mitchell’s and Butler in 1907 and today the Grade II listed building went under the hammer selling for £150,000.

The brewery wanted an impressive venue in which to showcase their products, and decorated the Waterloo to the highest standard Credit: ITV Central

The buyer Zafar Rashid, a solicitor from Perry Barr, already owns a similar property in Sheffield.

It is thought the cost of making the property habitable could run into hundreds of thousands Credit: ITV Central

He says he is not yet sure what he will do with the place, but he is not worried about the cost of repairs.

"Obviously we factored that in to the price before bidding. I do love these old Victorian buildings for their character. I'm very pleased with the price," he said.

Because the building is Grade II listed not much can be altered on the inside or the out Credit: ITV Central
The exterior features elaborate terra cotta detail in classic Edwardian baroque style, with colourful tile work throughout the interior Credit: ITV Central

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