Highly rated hotel near M5 at Bromsgrove for sale at £600,000+
A popular hotel that has been put up for sale close to the M5 motorway in north Worcestershire is already attracting keen interest from potential new owners.
The Bluemont Hotel, on the A38 Worcester Road in Bromsgrove, is being marketed for offers over £600,000 by Bond Wolfe Commercial, the leading Midlands property agency.
The established hotel, which has 27 en suite guest bedrooms, is currently run by a full-time manager and part-time cleaning staff, and reported a £152,586 turnover for the year ending 31 March 2020.
It is renowned as a useful place to stay for business reps and families heading north or south, and scores a high 8.6 out of 10 on the Booking.com website.
James Mattin, chief executive of Bond Wolfe Commercial, said: “The Bluemont Hotel occupies a prominent position next to The Swan public house on the main A38 Worcester Road, halfway between Bromsgrove and Droitwich.
“The property has close and easy access to Junction 5 of the M5 and is perfectly located to serve visitors to attractions such as the Avoncroft Museum, Cadbury World, the Steam Rally at Hanbury or the iconic Cheltenham Races.
“The guest rooms are currently spaced over the ground, first and second floors with a substantial customer car park to the front.
“There are also large grounds to the side and rear that provide excellent scope for further extension or additional development, subject to any necessary planning consent.”
The Bluemont Hotel is around 20 miles from Birmingham, 22 miles from Stratford, and 27 miles from Birmingham International Airport.
Mr Mattin added: “Despite the devastating impact the global pandemic has had on the hotel industry over the last 12 months, we are delighted by the initial response we have had to the Bluemont Hotel coming to market.
“There is clearly still an appetite from investors to park their money in assets like this so we are confident of concluding a swift sale.
“Full trading information will be made available to potential purchasers following a formal viewing of the property.”
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For further information, please contact:
James Mattin, Chief Executive,
Bond Wolfe Commercial, West Plaza, 8th Floor, High Street, West Bromwich B70 6JJ
0121 525 0600 or 0121 524 1172,
Issued by ASAP PR, 01608 651203, mobile: 07990 978257, www.asap-pr.com
Bond Wolfe Commercial is an established commercial property practice based in West Bromwich. Its services include commercial property sales and lettings, property investment and development throughout the West Midlands.