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BDL Select’s regional portfolio on the market for £28.25m

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BDL Select’s regional portfolio on the market for £28.25m

The final three hotels in the BDL Select portfolio have been put up for sale with a combined price of £28.25m.

All three hotels are currently operated by Redefine/BDL Hotels and can be purchased individually, in part or as a group.

The properties include the 148-bedroom Langstone hotel on Hayling Island, near Portsmouth, for £14.5m; the 113-bedroom Swan hotel (pictured) in Bedford (£11.75m); and the 30-bedroom Rosslea Hall hotel in Helensborough, Argyll and Bute (£2m).

Rosslea Hall

Earlier this year BDL Select sold the 110-bedroom Best Western Marks Tey hotel in Colchester off a guide price of £5.75m, the 95-bedroom DoubleTree by Hilton Dundee (guide price: £5.5m) and the 73-bedroom Best Western Grosvenor hotel in Stratford-upon-Avon, Warwickshire.

Langstone hotel
Langstone hotel

JLL’s Hotels & Hospitality Group are marketing the current three hotels on the market.

Gavin Wright, a director of JLL, said: “These hotels have a number of asset management opportunities and represent a significant opportunity to acquire with the benefit of an established track record that appeals both to business traveller and leisure guests.”

Marks Tey hotel marks final sale of BDL Select Portfolio disposal >>

Paten Hotels’ portfolio of three hotels to be sold >>

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