Bournemouth's Orchid hotel up for sale after falling into administration
The 34-bedroom Orchid hotel in Bournemouth has been put on the market after going into administration.
Previously owned by Rel Hotels, the property is being marketed by Savills for £900,000. Management company Legacy Hotels and Resorts have been appointed by the administrators Grant Thornton to operate the Asian-inspired hotel as a going concern throughout the sale process.
Located in the East Cliff area of Bournemouth, a short distance from the sea, the hotel includes a reception room, residents lounge, bar, function room, and dining room. It also includes onsite parking and a detached owners' house.
Martin Rogers, director at Savills, said: "We anticipate a high level of interest in the Orchid hotel, due to its excellent trading location and stylish modern interior. The owners' house is an added attraction for an owner/operator looking to acquire a good trading opportunity on the south coast."
Orchid hotel in Bournemouth goes into administration >>
By Janet Harmer
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