Three Star Hotel, 130+ Rooms, Buckinghamshire, Off Market for Sale

Location: Just North of Milton Keynes, Close to M1

Name: TBA – Unbranded

No. of Keys: 130+

The Property: The hotel has recently undergone a multi-million-pound refurbishment programme of the bedrooms and public areas. 60,000 sq. ft of conference space with 26 dedicated meeting and event spaces, with a capacity to hold from 2 to 200 guests.

The hotel’s stylish bedrooms have extra comfy beds with soft and relaxing linen, large TV’s with multi channels and fresh modern open plan bathrooms with complimentary toiletries.

The hotel offers guests free parking, wifi and unlimited tea and coffee during your stay.

They provide a comfortable and inviting Bar & Kitchen restaurant with open kitchen, destination seating and central bar with mood lighting, and pride themselves on the team of excellent chefs….”who have created mouth-watering dishes using the best local ingredients”.

Main Photo: Typical bedroom at this hotel

Tenure: Freehold

Brand/Management: No Flag affiliation

Yield/Financial: Previous and current year’s accounts available upon signing a NDA

Guide Price: £12m

Guide Price per Key: £86,000

Date Posted: May 2019

THPT Comment: Great opportunity and at a great price, close to both corporate offices and leisure attractions and being flag-free worth an inspection visit. Currently three-star but could easily achieve four-star status. Current owner is not hands on, so room for profit improvement.

Contact us for further information

 


This is a new feature on the THPT site…. Hotel owners can be naturally reticent in publicising their hotel is for sale…for confidentiality reasons, for staff and current client reasons, so the hotels 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@thpt.co.uk.