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26 August 2020 | Hotels

Christie & Co reduce asking price for charming Georgian-style hotel in Worcestershire

Specialist business property adviser, Christie & Co, have reduced the asking price for the freehold interest in Gainsborough House Hotel, Kidderminster.

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Situated within the Wyre Forest district of the beautiful Worcerstershire county, Gainsborough House Hotel is well positioned approximately 0.5 miles from Kidderminster town centre and a short drive from the idyllic town of Bewdley. With easy access to larger neighbouring towns – Worcester and Birmingham, the hotel is well-liked by both business and leisure guests.

The hotel also benefits from local tourist attractions including Severn Valley Railway, West Midlands Safari Park, Black Country Museum and Cadbury World, making it a popular place for families to stay throughout the year.
The charming Grade II listed Georgian House sits on a 1.39-acre site and comprises 42 modern ensuite rooms, with the potential to expand. The property also houses six conference and function spaces, a lounge bar and restaurant with capacity for 70 pax, as well as substantial car parking provision for 80+ vehicles.

Joshua Sullivan, Senior Business Agent in Christie & Co’s Birmingham office is handling the sale and comments, “The hotel is situated in a convenient location close to several key demand generators, which provides the business with strong leisure trade. The property has been kept in good order under the current ownership and has benefited from regular investment. The sale presents an opportunity for a new entrant, or an existing operator, to capitalise upon this and acquire a reputable hotel with branding opportunities at an attractive price point ”

Gainsborough House Hotel is now being offered off an asking price of £2,150,000.

For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 72270794 or E: bronte.hughes@christie.com
 
Contact the agent:
Joshua Sullivan, Senior Business Agent – Hotels and Licensed
P: +44 (0) 7967 371 962 or E: joshua.sullivan@christie.com