The joint fixed charge receivers have put the long leasehold of the former Belfry Hotel in Nottingham up for sale.
The four-star hotel, which offers significant potential for refurbishment and repositioning, is being sold with full vacant possession,.
The Belfry comprises 120 guest bedrooms arranged over four floors as well as 10 conference and meeting rooms, a bar, restaurant and comprehensive leisure amenities, including a fully equipped gym, fitness studio and indoor spa.
There is on-site parking for 240 cars at the hotel, which is located on Nottingham Business Park.
Tom Cunningham, UK regional director, hotel capital markets at Savills Manchester, which has been appointed to market the opportunity, said: “This is a rare opportunity to purchase the long leasehold in a prominent local hotel, with potential for a wide range of uses including weddings and conferencing.”
