Hotel for Sale – Waterfront Southport Hotel
Christie & Co and joint agent, Savills are pleased to bring to market the Waterfront Southport Hotel, on behalf of Paul Davies and Sandra Mundy of James Cowper Kreston, the Administrators of Waterfront Hotels (Southport) Limited and Waterfront Southport Properties Limited, the beneficial owners of the hotel.
The Waterfront Southport Hotel provides a prime opportunity to acquire a hotel unencumbered by brand and management located in a well -known seaside town. Purpose built in 2008, this full service hotel provides 131 bedrooms and an adjacent leisure wing. In 2019/2020, the hotel received significant capital investment of c. £2,500,000. The refurbishment included the reception area, lounge, bar/restaurant, large function suite and two floors of hotel bedrooms (fourth and fifth floor) including the hotel corridors – 65 bedrooms in total.
The adjacent building is arranged over ground and two upper floors and comprises four ground floor commercial units which are currently vacant. The property extends to c.40,000 sq ft and is suitable for redevelopment –subject to the necessary planning consents.
Southport is a popular seaside town in the Northwest of England. It is situated on the Irish Sea coast and is a gateway to the coast and the Ribble Estuary. Formby and Preston are located approximately 8.3 miles and 18.8 miles away. Southport is ideally located as a base to access England’s ‘Golf Coast’ and within twenty minutes of six championship golf courses, including Royal Birkdale, Hillside and Southport & Ainsdale, making it an attractive place to stay for golfing retreats.
*Strong location on Southport’s promenade with views of the Marine Lake
*131 en-suite bedrooms
*120 space basement carpark
*Five conference rooms
*Extensive F&B facilities
*Development opportunity with options for alternative uses
Offers are invited for the hotel on a long leasehold basis, with 235 years left on the lease.