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Three Ibis hotels in the North of England and the Midlands have been sold to an owner-operator on behalf of offshore owners for an undisclosed sum.
The properties include the Ibis Lincoln on Whisby Road, which has around 86 rooms, a bar and restaurant, conference space and free parking, and the Ibis Chesterfield North in Barlborough, which also has 86 rooms, meeting facilities, a restaurant and 24-hour snack service.
The sale also includes the Ibis Rotherham East, located off Junction 1 of the M18, which offers 86 rooms, a café, 24-hour bar, meeting rooms and parking with electric vehicle charging, also has been sold.
Christie and Co handled the entire sales process.
David Lee, regional director – hotels at Christie and Co, said: “We are pleased to report this sizable transaction which generated significant interest. Limited service hotels continue to be very popular with all types of investors.”
Three Ibis hotels in the North of England and the Midlands have been sold to an owner-operator on behalf of offshore owners for an undisclosed sum.
The properties include the Ibis Lincoln on Whisby Road, which has around 86 rooms, a bar and restaurant, conference space and free parking, and the Ibis Chesterfield North in Barlborough, which also has 86 rooms, meeting facilities, a restaurant and 24-hour snack service.
The sale also includes the Ibis Rotherham East, located off Junction 1 of the M18, which offers 86 rooms, a café, 24-hour bar, meeting rooms and parking with electric vehicle charging, also has been sold.
Christie and Co handled the entire sales process.
David Lee, regional director – hotels at Christie and Co, said: “We are pleased to report this sizable transaction which generated significant interest. Limited service hotels continue to be very popular with all types of investors.”
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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