Hotel for Sale – The Heights Hotel
Christie & Co are pleased to market for sale The Heights Hotel, located in Portland, Dorset in the UK.
Key Features include:
- 54 en suite bedrooms
- Spectacular sea views
- Restaurant & Café
- Function rooms
- Profitable business
- Significant upside. Energy Rating D
Property Description
The Heights Hotel is situated in one of Dorset’s most stunning locations, benefiting from far reaching views from many of the hotels public areas and rooms.
It has 54 comfortable bedrooms and benefits from a range of customers including private leisure, business and coach groups.
There are a number of dining options at the hotel, with The View Café open from 9am to 5pm seven days a week serving a range of hot and cold drinks, meals and snacks. The café is popular with both residents and non residents, who travel to the café to take in the stunning location. During the summer months, the café also has a separate ice cream parlour which is accessible from the outside of the hotel.
Investment Opportunities
The hotel has extensive function rooms and meeting facilities, with the largest room having a 160 person capacity in a theatre layout. The hotel focuses on business events and does not host weddings, so this could be an area of the business that could be further developed.
There is a significant opportunity to enlarge the accommodation facilities, with planning consent having been granted for the conversion of the former squash court block into 16 additional letting bedrooms. There is also a redundant basement that housed the former sauna and steam room, which could be repurposed. Our client has also investigated a number of green initiatives, including a mini wind farm and electric car charging, and has outlined contracts for the installation of these facilities which can be passed onto the new owners.
There is also significant space surrounding the hotel to allow for further extensions subject to planning.
The hotel is run by a full team of staff who handle all the day to day operations.
Location
Portland is a tied island that marks the southernmost point on the Jurassic Coast and is joined to the mainland by Chesil Beach and the Portland Beach Road. The Heights Hotel is located in the centre of the Island in an elevated position with uninterrupted and spectacular panoramic sea views. The larger town of Weymouth is just a short drive away on the mainland and has mainline rail links.
For more information contact the exclusive selling agent, Stephen Champion, from Christie & Co UK.
