100 Room Hotel North-West of Birmingham For Sale
Location: Close to M6, 20 miles North-west from Birmingham
Name: TBA – Under a Major Brand
No. of Keys: 100
The Property: Contemporary build 12-storey hotel, with roof-top bar and restaurant with great views. The location is between town and countryside of outstanding natural beauty, whilst being just 20 mins from Birmingham, the UK’s second biggest city.
Meeting space for upto 200 pax. All bedrooms fully air-conditioned. Besides the hotel, there are 20+ apartments and an 8 unit commercial retail property, with potential to add more rooms, subject to planning.
Great occupancy
Main Photo: The countryside close to the hotel
Tenure: Freehold
Brand/Management: Is branded under of of the Big 6 brands
Current Owner: Private family
Yield/Financial: Previous audited accounts available upon signing an NDA/LOI
Guide Price: £13.5m – 8% yield on current EBITDA
Date Posted: August 2019
THPT Comment: The hotel has recently been refurbished, trading well and throwing off a decent return.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.