Summary
Portfolio sale of two of the finest hotels in central England.
Location
The Abbey Hotel, Hither Green Lane, Dagnell End Road, Redditch, Worcestershire, B98 9BE
Specification
Lea Marston Hotel & Spa is set in 54 acres of North Warwickshire countryside. This purpose built hotel offers the 9-hole Marston Lakes golf course, a 9 hole Par 3 course and a wealth of leisure facilities. Lea Marston positions itself as a 4 star hotel with excellent conferences and meeting facilities.
Located in the affluent suburb of Sutton Coldfield approximately 1 mile off junction 9 of the M42, just 13 miles north-east of Birmingham City Centre and 10 miles from Birmingham Airport and National Exhibition Centre.
Approximately 6 miles from the hotel is the popular Drayton Manor Theme Park Resort and Zoo which hosts circa 1.5 million visitors each year. The park covers 280 acres and includes The Shockwave, Europe’s only stand up coaster.
The Abbey Hotel is set in 160 acres of Worcestershire countryside this purpose built hotel offers a championship standard 18-hole golf course and extensive leisure facilities. The Abbey Hotel positions itself as a 4 star hotel with excellent conferences and meeting facilities.
Located approximately 2 miles north-east of Redditch town centre just off the A441 Birmingham Road. The hotel has excellent connectivity within close proximity to the M42 and M5 motorway, approximately 17 miles south-west of Birmingham City Centre and 15 miles from Birmingham Airport and National Exhibition Centre.
Less than 10 miles from the hotel is Cadbury World which is one of Birmingham’s largest leisure attractions - welcoming over 640,000 visitors each year.
Investment Highlights
- Unique opportunity to acquire two award winning purpose built freehold 4 star hotels benefiting from excellent general and on-line reputations
- Providing a total of 216 en suite guest bedrooms including suites and executive rooms
- Set in approximately 160 acres of Worcestershire and 54 acres North Warwickshire countryside
- Both hotels benefit from golf courses (one Championship standard) and both have large floodlit driving ranges
- Extensive leisure facilities, Spa and Health Clubs with membership approaching 5,000 across the two sites
- Established conference, wedding and banqueting trade with 16 rooms across both Hotels accommodating up to 170 in one suite
- Significant potential from identified capital investment projects which include increasing bedroom stocks, energy reduction / generation option and reconfiguring internal existing office space
- Gross internal area of Lea Marston Hotel approximately 86,000 sq. ft. (8,000m²) and The Abbey Hotel 75,000 sq. ft. (7,000m²)
- Located within close proximity to Birmingham, the regional capital of the Midlands region which is firmly established as the UK's second city
- Birmingham, the UK's largest economic centre outside of London is located within 20 minutes' drive from both hotels and generates extremely strong corporate and leisure demand
- Excellent connectivity to the motorway network and within close proximity to Birmingham Airport, Birmingham International Railway Station and the National Exhibition Centre
- Owned by the same private company for over 25 years