COLLIERS International has been appointed to sell the Eden Arms Hotel, near Durham, on behalf of Shearings Leisure Group, and is seeking offers in the region of £1.65m.
Originally a 17th century coaching inn, the 44-bedroom property also comprises a bar; large recently-refurbished restaurant; well-appointed function facilities plus a leisure club with a fully-equipped gym, indoor heated pool, sauna, steam room and spa.
In addition, there are a wide range of outbuildings incorporated within the site which are ideal for further development, especially since the property benefits from planning consent to develop three residential dwellings.
“Although part of a larger group, the hotel is an established and successful business in its own right," said Robert Smithson, a surveyor in the Hotels Agency team at Colliers International. "This is due to a recent refurbishment programme, increased private leisure interests and the popularity of this hotel amongst local clientele for a wide array of corporate and private events.
"From both an operational and property perspective, there are exciting value-added opportunities.”
The Eden Arms Hotel l is available on an individual or cluster basis. The other hotels for sale in the portfolio include Strathmore Hotel in Morecambe, and the Portpatrick Hotel in Portpatrick.
- For more information contact Robert.smithson@colliers.com
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