Topland Group sells Hallmark Hotel Bournemouth West Cliff

UK: The Topland Group has sold Hallmark Hotel Bournemouth West Cliff to new owners

The Topland Group has announced the sale of Hallmark Hotel Bournemouth West Cliff to new owners.

The hotel has been sold to Motoring and Leisure Services (MLS) following an extensive marketing campaign. Numerous offers were made on the property from both hotel investors and operators. The MLS portfolio also operates Ghyll Manor Hotel in Horsham, as well as a number of other holiday cottages and attractions.

The property features a bar, restaurant, lounge, five meeting rooms, spa and leisure facilities, and 83 bedrooms. It is a popular wedding venue.

Alex Campbell, director in Christie & Co’s Corporate Hotels team, said; “I am delighted to have been part of the sale of such a high-profile business within Bournemouth. The marketing process attracted a significant level of interest from both hotel investors and operators, with numerous offers submitted for the freehold trading going concern. The market in Bournemouth for hotels remains robust with demand outstripping supply for good quality, well located, hotel businesses.”

GVA advised MLS on the freehold purchase. David Creamore, GVA, said: “The West Cliff hotel represents a significant investment for MLS. Bournemouth is one of the top leisure destinations on the south coast with a cosmopolitan and cultural town centre that offers a wealth of bars and restaurants. Tourism accounts for some 15% of the town’s total economy – or £501 million per annum – and the hotel sector remains a robust yardstick of overall interest.”

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