Hotel For Sale – Ibis Styles Birmingham Oldbury
Christie & Co are pleased to offer for sale the Ibis Styles Birmingham Oldbury, located in close proximity to Dudley.
A modern, purpose built hotel located close to Junction 2 of the M5 motorway, fronting a busy main road.
The Ibis Styles Birmingham Oldbury underwent a full refurbishment in August 2018.
The property comprises 75 en-suite letting bedrooms split across two floors, gym facilities, meeting space, function hall (unused since 2018) and a bar/restaurant. Externally, there is car parking for approximately 52 vehicles.
The property is situated just off the Junction two of the M5 motorway, on the busy A4123 Wolverhampton Road and is just 100 metres from Birchley Island. The immediate area is a mix of industrial, retail, office and residential uses. Located within close proximity to Birchley Island are a number of large retail warehouses including; ASDA, McDonalds, B&M Bargains and Dunelm, together with a number of offices.
The property is located approximately 3.5 miles from Dudley, 5 miles from Birmingham, 9 miles from Wolverhampton and 10 miles from Walsall. The closest rail link is one mile away, Sandwell & Dudley.
The Investment Opportunity
Superbly located within close proximity of the busy M5, the Ibis Styles Birmingham Oldbury is well run by an experienced team and provides new owners with the opportunity to acquire a busy hotel that is trading at a high level. The well specified hotel, which includes ample F&B and conferencing facilities, has the opportunity to create up to nine additional letting bedrooms by converting the gym.
Trading Information
For the trading year ended 31st January 2023, the business produced net sales of £1,460,089 and a net profit of £580,620. Further trading information will be provided to genuinely interested parties who have viewed the premises.
