Savills | CONFIDENTIAL BATH PORTFOLIO, Boutique Hotel Portfolio | Property for sale
Guide price £3,850,000

CONFIDENTIAL BATH PORTFOLIOBoutique Hotel Portfolio

  • Freehold

Key features

  • Two excellent properties in strong trading locations
  • Boutique products finished to a high standard throughout
  • Convenient locations for the city centre
  • Currently run under management
  • Staff / manager’s accommodation at each property

Savills is delighted to offer to the market confidentially, a small Bath hotel portfolio at a guide price of £3.85 million showing a 9.1% yield on 2019 trade.

About this property

  • Key highlights of the portfolio are as follows:

    • Two excellent properties in strong trading locations
    • Boutique products finished to a high standard throughout
    • Convenient locations for the city centre
    • Currently run under management
    • Staff / manager’s accommodation at each property
    • Turnover in the region of £680,000 for YE 2019
    • EBITDA in excess of £352,000 for YE 2019
    • 2021 Occupancy May – June of 95% with ADR of over £148
    • Business on books for June – July already showing 80% occupancy and £161 ADR