Long-standing Torquay hotel sold through Christie & Co
Specialist business property adviser, Christie & Co is pleased to announce Tor Park Hotel in Torquay, Devon has been sold.
Situated in a quiet area of Torquay half a mile from the seafront and town centre and caters to both coach groups and private leisure guests. The property was built in the 1870s and features 63 en suite bedrooms and extensive public areas including a large restaurant, bar and ballroom.
The business was available free and clear of current management and branding.
Stephen Champion, Director in Christie & Co’s South West Hotels Team who handled the sale, comments, “The hotel attracted interest from buyers across a wide variety of sectors and for a host of different uses, however, we are pleased to announce that the new owner plans to keep the Tor Park Hotel trading as a hotel. This is a prime example of continued confidence in the South West hospitality sector, with buyers still keen to acquire well positioned assets across the region.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
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