Opportunity to acquire Bournemouth’s leading four-star hotel
Specialist business property advisor, Christie & Co is pleased to bring to the open market, The Norfolk Royale Hotel in Bournemouth, presenting a fantastic opportunity to acquire an award-winning AA four-star hotel in a premier South Coast resort.
Originally converted from two imposing Victorian Villas and formerly the home of the Duke of Norfolk, The Norfolk Royale Hotel has been restored to Edwardian grandeur.
The hotel is extremely popular with leisure guests, with Bournemouth now considered to be the go-to south coast seaside resort due to its seven miles of pristine beaches, elegant Victorian architecture and buzzing nightlife.
The property sits in the centre of the seaside town, just a short stroll from the award-winning beaches and the resort’s main tourist attractions, including Bournemouth Pier, Bournemouth Gardens, Poole Harbour, The Russell-Coates Museum and Bournemouth International Centre, an award-winning conference centre which draws in a steady stream of corporate business.
Guests staying in one of the 95 well-appointed and fully equipped en suite bedrooms and suites have exclusive access to the hotel’s gardens and leisure facilities, including an indoor swimming pool, sauna, steam room and jacuzzi. The property also features six function/banqueting suites, making it a hotspot for weddings and events.
Ed Bellfield, Regional Director – Hotels at Christie & Co comments, “The Norfolk Royale Hotel has an established reputation, appealing to predominantly leisure guests due to its close proximity to seven miles of golden beaches and the New Forest National Park, There is significant scope for an experienced owner/operator to invest in the site and benefit from its exceptionally unique and iconic location in the heart of Bournemouth.
“We expect the property to appeal to a wide range of buyers including those looking to purchase a single asset as well as those looking to expand their current portfolio. We also anticipate high levels of interest from both national and international investors attracted to the UK hotel ‘staycation’ market.
The Norfolk Royale Hotel is on the market on a freehold basis, with a guide price of £8,500,000.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 07721 420 656 or E: bronte.hughes@christie.com
Contact the Project Team:
Ed Bellfield, Regional Director - Hospitality South
M +44 (0) 7713 061171 or E: ed.bellfield@christie.com
Jeremy Jones, Head of Hotels – Brokerage
P: +44 7764 241284 or E: Jeremy.jones@christie.com
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