The Royal British Legion has instructed Colliers International’s Hotels Agency team to sell four of its coastal break centre hotels in Bridlington (North Yorkshire), Southport (Merseyside), Weston-Super-Mare (Somerset) and Portrush (Northern Ireland).
The properties are now closed and in excellent condition having received significant investment from the charity and can be purchased individually or for a combined guide price of £4.175 million.
All four properties have extensive public areas, are furnished to an extremely high quality throughout and have the potential to be turned into alternative uses (STPP).
- Byng House, 30 Promenade, Southport, has 36 en-suite letting bedrooms and if an owner would like to purchase this as an individual asset, offers are being sought in the region of £1,650,000.
- Somerset Legion House, 57 Beach Road, Weston-Super-Mare, Somerset, has 47 en-suite bedrooms and can be purchased for £1,200,000.
- Alderson House, 70 Marine Drive South, Bridlington, East Yorkshire, has 26 en-suite bedrooms and can be purchased for £800,000.
- Bennet House, 17 Lansdowne Crescent, Portrush, Northern Ireland, has 15 en-suite bedrooms and can be purchased for £525,000.
Robert Smithson, Surveyor in Hotels Agency at Colliers International commented: “The high-quality finish of the properties would lend themselves well to a ‘boutique’ style of operation and the extensive public areas would also make the properties suitable for exclusive-use weddings or functions. There is also an opportunity for a new owner to capitalise on the renaissance of the UK ‘staycation’ market; particularly in the wake of COVID-19 where coastal and country hotels are considered to be the markets, which will bounce back the quickest.”