Colliers has been appointed sole advisor to market for sale the freehold interest in the Oxford Witney Hotel in close proximity to Oxford and the Cotswolds with a number of asset management opportunities to drive revenue and capitalise on the post Covid recovery.
Key highlights for your consideration:
- Freehold property.
- 115 ensuite bedrooms, with an average room size of 25 sqm. Six bedrooms were added in 2017 with a further 22 rooms being added in December 2018 through conversion of former office space.
- The hotel features 163 sqm meeting and event space which is well located to capitalise on the post-covid recovery offering easy and onsite free parking for guests.
- Leisure facilities including swimming pool with external membership base.
- The property is available unencumbered from management, presenting various asset management opportunities, including rebranding, repositioning and retaining on a new management agreement, to further drive revenue and ADR growth.
- Located directly off the A40 which connects Oxford to the Cotswolds, providing access to several leisure and tourist attractions and only 10 miles from Oxford city centre.
- Opportunity to add additional rooms, however this would be subject to planning.
