Three Daish’s Group hotels hit the market
The Barrowfield Hotel in Newquay is listed for £2.8m, The County Hotel in Kendal for £1.8m and Daish’s Blackpool for £1.9m
Three hotels part of Daish’s Group portfolio of properties are currently being marketed by Savills.
The assets include the freehold of Barrowfield Hotel, Newquay, the freehold of County Hotel, Kendal and the freehold of Daish’s Blackpool. The assets are available individually or as a portfolio.
The Barrowfield Hotel is a coastal hotel with 80 en suite bedrooms, a 170-cover restaurant and a large ballroom which holds 130 people. The hotel also benefits from an indoor swimming pool, sauna and games room. Externally, the site extends to 0.6 acres and is located close to Newquay’s beaches and town centre. The guide price for this asset is £2.8m.
The County Hotel is an 18th century hotel situated in Kendal town centre, the gateway to the Lake District National Park. The hotel, which is 8.5 miles from Windermere, comprises 41 en suite bedrooms, a 75-cover restaurant as well as a coffee shop and bar. Located across the road from Kendal railway station, the hotel presents well having been recently refurbished. The guide price for this asset is £1.8m.
Daish’s Blackpool is an end terrace coastal hotel and comprises 72 en suite bedrooms, a 130-cover restaurant, bar, coffee shop and an entertainment room. The site benefits from panoramic sea views of the beach and is located close to Blackpool North railway station and Blackpool Tower on the North shore of the town. The guide price for this asset is £1.9m.
Tom Cunningham, director, Hotel Capital Markets, Savills, said: “We are pleased to have been appointed to sell a number of assets across the UK for our client. All three hotels sit in strong trading locations and offer an incoming purchaser excellent potential to capitalise on the sustained consumer demand for staycations.”
George Brown, managing director of Daish’s, said: “Whilst we will be sad to see such great assets go, and it is with a heavy heart that we put these on the market, we will continue to expand the Daish’s portfolio, looking for hotels that we feel offer a better fit for our customers.”
