17 March 2016

Holiday Inn Express Birmingham-Walsall comes to market

Specialist business property adviser Christie & Co has been exclusively retained to act in the sale of the Holiday Inn Express, Birmingham-Walsall.

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Situated on the Tempus Ten business park, the hotel enjoys a prominent trading location just off junction 10 of the M6 motorway, a 20 minute drive from Birmingham city centre and Birmingham Airport.

This purpose-built air conditioned hotel benefits from 120 modern guest rooms arranged over four floors, with a modern bar and lounge/restaurant area on the ground floor.

The hotel is being offered for sale on a long-leasehold basis and is available with the benefit of a franchise agreement with InterContinental Hotels Group PLC.

Jeremy Jones, Head of Brokerage – Hotels at Christie & Co commented: “The hotel is prominently located and is available with the benefit of the market leading Holiday Inn Express branding under a franchise agreement. The most popular provider of franchised limited service hotels in the UK with 136 hotels, we anticipate strong interest from existing and new franchisees in addition to the wider investment community.”

Substantial offers in excess of £6.85m for the long leasehold interest are invited.