Real estate investment manager AJ Capital Partners has put the Graduate by Hilton Cambridge hotel up for sale for £60m-£65m+.
The hotel, which is held on a long leasehold basis, comprises 148 keys and in 2021 underwent a comprehensive, multi-million-pound refurbishment.
The on-site amenity provision includes a fitness centre with swimming pool, more than 430 sq m of event space, a full-service restaurant and a café and bar concept, and 151 parking spaces on a generous riverside site.
The hotel, which occupies a prime location on the banks of River Cam, is surrounded by the University of Cambridge and within walking distance to several of its colleges.
Miles Auger, head of UK hotels at CBRE, which has been appointed to market the opportunity, said: “Graduate Cambridge represents an opportunity to acquire a recently refurbished hotel in one of the UK’s most competitive and internationally recognised markets. Given Cambridge’s demand profile and limited future supply, we expect to see strong interest from domestic and global capital.”
