Learn more about this property online at:
https://www.colliers.com/p-gbr3017697
https://www.colliers.com/p-gbr3017697
- For sale
For Sale
£6,000,000 GBP
Available for sale for only the 2nd time in 46 years, interest is expected from those looking to reopen the hotel business OR redevelop the property for alternative use.
The Best Western Calcot Hotel is located on the arterial A4, less than 1 mile from Junction 12 of the M4 and around 3.5 miles west of the city centre.
Privately owned and operated, the property has traded for many years under the Best Western brand. Pre COVID, the business was performing well (YE 2019 T/O: £2.1m) ; yet still with significant scope to increase revenues. The hotel has remained closed since March 2020 lockdown.
Offers in the region of £6m are sought for the freehold interest in the property and business. Consideration will be given to unconditional and conditional offers.
The Best Western Calcot Hotel is located on the arterial A4, less than 1 mile from Junction 12 of the M4 and around 3.5 miles west of the city centre.
Privately owned and operated, the property has traded for many years under the Best Western brand. Pre COVID, the business was performing well (YE 2019 T/O: £2.1m) ; yet still with significant scope to increase revenues. The hotel has remained closed since March 2020 lockdown.
Offers in the region of £6m are sought for the freehold interest in the property and business. Consideration will be given to unconditional and conditional offers.
