Own two large West Midland hotels as they go up for sale for over £6.5 million
Two large hotels in in the West MIdlands are for sale and you can buy them as a pair for £6.5m - or individually
Enterprise Hotels & Hospitality is selling two large hotels and they are priced at £6.5m-plus as a pair.
There are options to buy them individually also.
The first is Best Western Stoke City Centre Hotel which is a 135-bedroom venue at 66 Trinity Street in Hanley, Staffordshire, on the market for offers over £3.75 million.
The second is Quality Hotel Coventry which is an 80-bedroom venue on the Birmingham Road near Allesley, north-west of Coventry, on the market for offers over £2.75 million.
Enterprise Hotels & Hospitality has been appointed as the sole advisor to sell both hotels on behalf of Prince Hotels Ltd.
Gavin Wright, founder of Enterprise Hotels & Hospitality, said: “We are delighted to have been appointed to offer the freehold interests in both hotels via asset sales, either together as a package or as individual purchases.
“The Best Western Stoke City Centre Hotel is a substantial, centrally located property with 135 en suite bedrooms, extensive public areas and leisure facilities, plus significant onsite parking.
“This is a rare opportunity to acquire a hotel in a prominent Midlands location, close to Alton Towers, one of the UK’s most popular theme parks, and around 45 miles equidistant between Manchester and Birmingham.
“The Quality Hotel Coventry is an eye-catching property fronting the A45 Birmingham Road with 80 en suite bedrooms, again with plenty of onsite parking.
“The hotel’s location will be further strengthened by its proximity to the new HS2 Interchange Terminal, one of the most significant transport hubs being built in the UK. This will serve Solihull and the wider West Midlands, becoming a major gateway for high-speed rail passengers.
“This is a unique investment opportunity in a prime West Midlands location that is unencumbered by management, providing new owners with complete operational flexibility.”
A bit more about Best Western Stoke City Centre Hotel
The Best Western Stoke City Centre Hotel’s 135 bedrooms are on the ground and three upper floors, with a guest lift to all floors, plus a two-storey annexe.
There is a restaurant, two bars, lounges and multiple guest seating zones, with leisure facilities including an indoor swimming pool, sauna, steam room, jacuzzi and gym.
The hotel has 11 flexible meeting and conference rooms with natural daylight for between 15 and 250 delegates, plus parking for up to 150 vehicles on a plot of approximately 1.6-acres.
The hotel is in the city centre, within walking distance of theatres, shops, casino, restaurant and bars, and well-connected via the M6 motorway north and south.
The Best Western Stoke City Centre Hotel has been owned by Prince Hotels since 2000 and currently operates under a Best Western franchise agreement.
A bit more about The Quality Hotel in Coventry
The Quality Hotel Coventry’s 80 en suite bedrooms are on the ground and first floor.
The restaurant has 50 covers, with room for another 60 in the bar area. There are four meeting and event suites for up to 170 guests, with natural daylight and adaptable layouts for corporate meetings, training sessions, weddings and private events.
The property has parking for up to 100 vehicles on a roadside plot of approximately 2.5 acres.
The strategic location on the A45 corridor is around 3.5 miles from Coventry city centre, with good access to the NEC, Birmingham International Airport and key regional transport links.
The Quality Hotel Coventry has been owned by Prince Hotels since 1997 and currently operates under a Choice Hotels franchise agreement, trading as a Quality Hotel.
Franchising options
Mr Wright said options for both hotels include continuing existing franchises, rebranding under alternative franchises, or potential alternative uses, subject to gaining the relevant planning permissions.
He added: “This flexibility provides meaningful scope for repositioning, brand enhancement, and value optimisation.”
Any potential purchasers interested in either or both sites can contact Mr Wright by emailing gavin@enterprisehotels.co.uk.
