Hull branded hotel for sale as part of pan-European portfolio through Christie & Co
Specialist business property adviser, Christie & Co has brought to the market the Campanile Hull, as part of a wider Pan-European group of eight hotels, on behalf of leading European operator, Louvre Hotels Group.
Upon completion of the required rebrand, the Campanile Hull will operate under Louvre Hotels Group’s Kyriad Direct brand. The hotel comprises 48 bedrooms, a bar and restaurant, plus a meeting/function room with a capacity for 25 seated guests.
Ideally situated within Hull city centre, the hotel is located within walking distance on the Museum Quarter, home to the Wilberforce House Museum and the award winning The Deep, as well as a number of other attractions, including the Maritime Museum, KCOM Stadium and Hull Ice Arena.
Easily accessible via the M62 and A1079 route, the hotel is well connected to Bradford, Doncaster, Leeds, Beverley and York, attracting tourists throughout the year.
David Lee, Regional Director – North East at Christie & Co comments, “The hotel occupies a very central position in Hull city centre. There is scope for a more hands on operator to drive occupancy and rate forward, in addition to develop the food and beverage aspect of the operation. There is ample parking at the hotel, a catering kitchen and dedicated restaurant area.”
“Long leasehold city centre hotels are rarely available to buy so we expect good levels of interest to be shown in this opportunity. The hotel market remains buoyant in Yorkshire with several recent sales demonstrating activity in the market.”
The Campanile Hull is available on a long-term lease with over 100 years remaining and subject to a sale and franchise back. Christie & Co is inviting offers for the individual assets, sub groups or the whole portfolio.
For further information on all the sites, please contact David Lee on David.Lee@christie.com or +44 1133 892 727.