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Bournemouth's Park Central hotel sells for around £4m

23 February 2010 by
Bournemouth's Park Central hotel sells for around £4m

The freehold of the 60-bedroom Park Central hotel in Bournemouth has been bought by Heritage Properties & Hotels, for a sum in the region of £4m.

Located on the seafront, the hotel joins four other properties in the Heritage portfolio, which is owned by the Hughes family. They include Newbury Manor and The Crab at Chieveley, both in Berkshire; Churston Court Inn in Brixham, Devon; and the Park House Hotel in Shifnal, Shropshire.

A newly-built restaurant at the hotel will open as a seafood eatery in the spring and be known as The Crab at Bournemouth.

"This is an exceptional opportunity to create a destination hotel and restaurant, which should be a huge success considering the award-winning reputation the Hughes family have already achieved elsewhere," said Simon Stevens, director of Christie & Co.

Peel buys Bournemouth hotel for £8.25m >>

Two Bournemouth hotels sell for a combined £1m-plus >>

Bournemouth hotel bought by restaurateur >>

By Janet Harmer

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