The freehold of a prominent, popular and profitable hotel in the centre of Southampton is being marketed for sale by hospitality and leisure specialists Christie + Co. Offers are being invited over £3m as a trading business.
The Southampton Park Hotel is currently owned and operated by Akkeron Hotels having purchased the property as part of the New Forest based Forestdale Hotels at the end of 2010. The hotel is now surplus to Akkeron Hotel’s future plans.
The property is conveniently located for all the amenities and attractions of one of Britain’s busiest ports — and also boasts leisure facilities of its own.
The 72-room, 3 AA-star hotel overlooks Watts Park in Southampton and offers quick access to the Civic Centre, the main retail area (including West Quay Shopping Centre), as well as the aquatic attractions of the harbour itself. Southampton is host to Europe’s largest on-water boat show each September and a prominent port for cruise ships, bringing a further source of revenue to hoteliers and other hospitality providers in the area.
As well as its convenient location, Southampton Park Hotel has its own leisure club with a swimming pool and gym — the private members’ club currently comprises around 250 members.
The popularity of the hotel also extends to conferencing and banqueting facilities, attracting excellent mid-week corporate occupancy as well as weekend leisure and tourist trade.
Ed Bellfield, Director of Christie + Co, says: “Southampton Park Hotel represents an excellent opportunity for a forward-thinking individual or experienced operator prepared to invest in its potential. There are real opportunities to grow both turnover and profit from this enviably located business.”