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Allesley Hotel sold on behalf of Princeton Hotels

By James Russell: Allesley Hotel sold on behalf of Princeton Hotels

July 20, 2010

Acting on behalf of Princeton Hotels and Investments Limited, Christie + Co has sold the 90-bedroom Allesley Hotel, near Coventry, to Talash Hotels Limited, for an undisclosed sum.

Set within a five-acre site, the hotel, which is situated approximately two miles from Coventry city centre and near Birmingham Airport and the NEC, also features a 90-cover restaurant, an 80-cover lounge bar and 500-space car park.

The hotel’s original building dates back to the 17th Century with a purpose-built extension added in the 1970s. The extension now houses the majority of the hotel’s 15 meeting and function rooms, which have capacity for up to 450 people.

Talash Hotels also currently operates the 63-bedroom Best Western Falstaff Hotel in Leamington Spa.

Jonathan Parrish, Director at Christie + Co, said: “The Allesley was the city’s premier event hotel in its heyday and offers an excellent opportunity to target Coventry’s lucrative weddings and functions market which is very much on the new owners’ agenda as they embark on a major refurbishment programme.”

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