Burnley hotel hits the market with £1.8m guide price

By
BE News Team

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The Oaks Hotel on the outskirts of Burnley has been put up for sale with a guide price of £1.8m.

The AA three-star hotel sits in around 3.5 acres of landscaped grounds and comprises 51 bedrooms and substantial public areas including the Quills restaurant, a residents’ bar and various lounges.

The hotel also boasts five function rooms and a two-level leisure club comprising a club lounge, swimming pool, air-conditioned gymnasium, sauna and steam rooms and spa bath.

Net turnover to the year ended October 2023 was £1,756,555 and included within the guide price is a detached lodge located at the entrance to the site.

Julian Troup, head of UK hotels agency at Colliers, which has been appointed to market the opportunity, said: “The Oaks Hotel is a high-profile country house hotel located in a prominent position on the outskirts of town. In addition to the existing going concern business, there is a substantial main building together with the attached leisure facility plus the detached lodge, we are confident of attracting strong interest from a diverse range of prospective buyers.”

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