The Salutation: Gogglebox’s Steph and Dom Parker sell Sandwich mansion for £ 5million
Steph and Dom from Gogglebox were forced to sell their Sandwich mansion after tenants ran into debt of Â£ 1.8million.
The couple’s beloved home, a hotel called The Salutation, sold for Â£ 5million last week.
The house went on sale earlier this year, but TV characters were forced to cut the asking price by Â£ 250,000 after months without a buyer.
Read more: The Salutation: What happened to the Sandwich Hotel owned by Steph and Dom Parker from Gogglebox?
Steph and Dom Parker initially bought the property, which featured heavily on Channel 4 hit shows Gogglebox and Four in a Bed, for Â£ 2.6million in 2004.
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They spent several million pounds to restore the Grade I listed property and its gardens, before renting it out to John and Dorothy Fothergill in 2017 to become The Salutation Hotel.
The couple had a five-year lease and were in charge of the day-to-day management of the hotel.
Sadly, the couple accumulated debts of Â£ 1.8million and the hotel had to close before the COVID-19 pandemic, in January 2020.
The Parkers admitted that the company that ran the hotel would be wound up and guest deposits would be forfeited.
Dom and Steph still made good profits, having sold the house for Â£ 2.4million more than they paid.
Speaking to the Daily Mail, Dom said: âWe just fell in love with the place. It was like finding gold in a river. We just thought, ‘Oh my God. We must have it. “”
Steph and Dom left Gogglebox in 2016 and currently live in the Canary Islands in Spain.
Asked about their decision to sell the Kent property, Dom added: “Our lives have changed and evolved considerably and we are not in a position to return to Sandwich for good.”
He admitted that the couple “don’t have the energy to run it anymore.”
The Salutation closed early last year with 33 workers sent home after accumulating debts of Â£ 1.8million.
Earlier this year, accountants revealed the couple were only able to raise Â£ 26,405 to pay off creditors.
A report sent to Companies House found that hotel catering equipment, furniture company vehicles and stock were all sold, with Â£ 600 coming from the sale of potted plants and 12,961 Â£ from the sale of furniture.
However, most of the money has probably been swallowed up by accountants’ fees.
Debts include Â£ 1.4million owed to ‘investors’, Â£ 88,000 in taxes, Â£ 114,000 in staff salaries and the remainder to creditors for the provision of food, drink and services to the company. ‘hotel.
Dom said of the closure last year: âWe are sorry to confirm that The Salutation Hotel Ltd, which operates The Salutation, has indeed become insolvent.
âWe are in talks with other interested parties and aim to get the hotel back up and running very soon, under new management. “
However, the couple decided to put the hotel up for sale instead.
The former residence of Steph and Dom was built by Sir Edwin Lutyens in 1912 and consisted of 17 rooms in total.
The property had a whopping 3.7 acres of walled gardens, with some of its land even winning gold at the 2019 Chelsea Flower Show.
The hotel also has an on-site restaurant, run by Michelin-starred chef Shane Hughes.
Many guests booked just to meet Dom and Steph, who would often have been up all night drinking with customers.