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Three Daish’s Group hotels up for sale

Daish’s Group has put a quarter of its portfolio on the market for a combined guide price of £6.65m.

 

The assets include the freehold of Barrowfield hotel in Newquay, the freehold of County hotel in Kendal, and the freehold of Daish’s Blackpool, which are available individually or as a trio.

 

The Barrowfield hotel is a coastal property with 80 rooms, a 170-cover restaurant, a ballroom with a capacity for 130 people and an indoor swimming pool, sauna and games room. The guide price for the site, which extends to 0.6 acres, is £2.85m.

 

The County hotel (pictured) near the Lake District National Park is an 18th-century building that has recently undergone refurbishment. With 41 rooms, a 75-cover restaurant, a coffee shop and a bar, the hotel has been valued at £1.85m.

 

Finally, Daish’s Blackpool is an end terrace coastal property with 72 rooms, a 130-cover restaurant, a coffee shop and entertainment room. The guide price for the hotel is £1.95m.

 

Tom Cunningham, director of hotel capital markets at Savills, which is acting on behalf of the seller, said: “We are pleased to have been appointed to sell a number of assets across the UK for our client. All three hotels sit in strong trading locations and offer an incoming purchaser excellent potential to capitalise on the sustained consumer demand for staycations.”

 

George Brown, managing director of Daish’s, added: “While we will be sad to see such great assets go, and it is with a heavy heart that we put these on the market, we will continue to expand the Daish’s portfolio, looking for hotels that we feel offer a better fit for our customers.”

 

Daish’s Group was founded with the purchase of Daish’s hotel on the Isle of Wight in 1979. It has since grown to 12 hotels in 10 UK resort destinations.

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