Principal Hotel Group has brought to the market three profitable, regional De Vere hotels, located across the Midlands and North West of England, through Chrisie & Co, which can be acquired individually or as a group.
The sites are: Horwood Estate in Milton Keynes, Staverton Estate in Northamptonshire, and Cranage Estate in Cheshire (pictured), all of which are available free of brand and management.
Offering over 580 guest bedrooms altogether, the well-maintained sites also feature a range of leisure facilities, including an 18-hole championship golf course at Staverton Estate, sophisticated conference and banqueting facilities and extensive grounds.
Located in highly strategic trading locations along the M1 and M6 corridors, the hotels are easily accessible and receive high levels of trade from corporate and leisure guests. The properties each offer operating scale and great potential to take advantage of a range of substantial asset management and planning opportunities.
Jeremy Jones, Head of Brokerage – Hotels at Christie & Co commented, “We are delighted to present to the market such attractive, high yielding hotels. The scale of each of these properties leaves ample opportunity for new owners to build upon the already successful businesses and we anticipate high levels of interest from a range of buyers and investors.”