Christie & Co sell Holiday Inn Birmingham-Walsall M6, JCT. 10
Specialist business property adviser, Christie & Co, has sold the Holiday Inn Birmingham - Walsall M6, Jct.10 on behalf of Canada Life Ltd.
This hotel has 156 bedrooms and is strategically located with excellent transportation links nationally. The hotel has undergone extensive investment across the bedrooms and public areas and benefits from health and leisure facilities including a swimming pool as well as extensive conference and meeting facilities. The hotel regularly serves a number of local, regional and national clients and is popular for meetings and event functions.
Canada Life Ltd, who rebranded the hotel to a Holiday Inn in 2011, have sold to CL Capital, an Asian based investment fund.
Alex Campbell, Director at Christie & Co comments, “The Holiday Inn Birmingham-Walsall M6, Jct. 10 presented an ideal opportunity for an investor or operator to acquire a freehold hotel subject to
a franchise agreement with one of the world’s leading hotel brands. We received strong interest from domestic and international investors for the property, highlighting the demand for strongly performing hotels in the UK regional markets.”
Kew Green Hotels will continue to manage the hotel.
Canada Life Limited were advised by Taylor Wessing LLP. CL Capital were advised by Proskauer Rose LLP.