Business property adviser Christie & Co has been appointed to oversee the sale of Oriel House Hotel & Spa, a former four-star hotel, and The Townhouse, a hotel in Durham, UK.
Oriel House Hotel & Spa sits on a 2.3-acre site on the outskirts of St Asaph, Wales, and has a history dating back to the 18th century.
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The hotel offers 38 bedrooms, a bar, a lounge, indoor and outdoor dining areas, function facilities, a gym, a spa, and a swimming pool.
The grounds feature gardens, patios, and a Japanese garden that serves as a setting for outdoor weddings.
The building’s origins as a boarding school have given way to a substantial hotel since its conversion in the 1970s.
Having undergone renovations and improvements under its current ownership, Oriel House is now being sold with vacant possession, with Christie & Co associate director Tom O’Malley handling the sale.
O’Malley said: “This sale presents an excellent opportunity for an experienced operator to acquire a closed hotel which requires little to no investment and is ready to start trading immediately.”
The freehold asking price for this expansive property is set at £1.8m ($2.26m).
In contrast, The Townhouse, situated in Durham, offers a hospitality experience with seven en-suite bedrooms, each with its unique theme and amenities.
The property includes a welcoming reception area, a bar, and a 30-cover restaurant that caters to both the public and guests.
Located near Durham’s historic castle and cathedral, The Townhouse is surrounded by shops, cafes, bars, and restaurants.
Christie & Co Hotels director Mark Worley is managing the sale of this centrally located hotel.
Worley said: “This is a great opportunity for a buyer to acquire a stylish hospitality business in the centre of this beautiful and historic city, with its stunning castle, the picturesque River Wear, and the jaw-dropping cathedral, a UNESCO World Heritage site, all within a short walk.
“As well as being a huge draw for tourism, Durham also boasts a highly regarded university, which helps to further swell visitor numbers, and the Townhouse is perfectly positioned to take full advantage.”
The Townhouse is on the market with a freehold asking price of £1.2m plus VAT.
