Holiday Inn properties for sale

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More than 20 Holiday Inn hotels across the UK have been put up for sale through Christie and Co.

Offers in excess of £70m are being sought for the portfolio which covers 21 properties stretching from Washington, Tyne & Wear to Portsmouth — and many points between.

The vendors, Italian conglomerate, LRG which currently owns a total of 61 Holiday Inn-branded properties across the UK, are also accepting bids for individual hotels or small groups, with guide prices available on application.

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Jeremy Jones, Director of Corporate Hotels at Christie + Co, said all the properties had attracted “strong interest"

They are being offered free of management and with an interim Holiday Inn franchise agreement until the end of this year.

The full list of hotels is:

Holiday Inn Ashford, Kent
Holiday Inn Rochester
Holiday Inn Birmingham (M6 J7)
Holiday Inn Stoke-on-Trent (M6 J15)
Holiday Inn Chester South
Holiday Inn Haydock (M6 J23)
Holiday Inn Lancaster
Holiday inn Runcorn
Holiday Inn Warrington
Holiday Inn Colchester
Holiday Inn Ipswich
Holiday Inn Norwich
Holiday Inn Derby/Nottingham
Holiday Inn Rugby/Northampton
Holiday Inn Taunton (M5 J25)
Holiday Inn Swindon
Holiday Inn Leeds Brighouse
Holiday Inn Leeds/Wakefield (M1 J40)
Holiday Inn York
Holiday Inn Portsmouth
Holiday Inn Washington

 

Offers for any, some or all the hotels, should be made by 12 noon on Wednesday 11 June in writing to jeremy.jones@christie.com or by recorded delivery to Jeremy Jones, Director, Christie + Co, Whitefriars House, 6 Carmelite Street, London EC4Y 0BS.

 

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