International real estate advisor Savills, on behalf of Hotel Collection Hotel No. 17 Limited,has brought to market The Cheltenham Park Hotel in Gloucestershire at a guide price of £8 million.
The Grade II listed property was built as a private home for the Lord family in the mid 19th Century and first became a hotel in the 1920s, before being commandeered by American military forces during World War II. Following a sympathetic restoration and modern extensions, it now comprises 152 bedrooms, a leisure club, restaurant and extensive function rooms.
Located on Cirencester Road in Cheltenham, the hotel offers easy access to the Cotswolds plus views over Lilleybrook Golf Course and the countryside beyond.
Martin Rogers, director of hotels, leisure and trading at Savills, comments: “This stunning Georgian manor house is just two miles from Cheltenham which is hugely popular with tourists thanks to its racecourse, fashionable retailers and close proximity to the Cotswolds. It offers a diverse revenue stream and long term income could be further enhanced by extending the wedding and events facilities or adding spa treatment rooms.”
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