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Hotel opportunity in Southampton city centre

By James Russell: Hotel opportunity in Southampton city centre

October 27, 2014

The prominently located Southampton Park Hotel, fronting onto Cumberland Place in the Port of Southampton, home to the world’s two largest cruise line companies and commercial hub for national and international businesses, is being marketed freehold by Christie + Co’s Winchester office, with a guide price of £2,500,000.
The business is a popular venue providing extensive conference and banqueting facilities as well as offering 72 individually appointed guest bedrooms with en-suite facilities. The hotel attracts mid week corporate occupancy and at weekends is mainly occupied by leisure visitors to the area.

Ed Bellfield, Regional Director, who is handling this sale at Christie + Co, comments: “Southampton Park Hotel represents an excellent opportunity for a forward thinking individual or experienced operator to increase revenue and convert profitability in line with industry standards. The property also lends itself for redevelopment, either residential or commercial, subject to obtaining the necessary consents.”

For more information click here

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