Hotel for Sale
Colliers UK are offering for sale The Museum Hotel in Oxford.
The historic property, built in 1594, is a prominent high street hotel, positioned on St Aldates in the heart of Oxford city centre.
Museum Hotel is well-located to provide guests all that the city of Oxford has to offer, including The Oxford Museum, which is directly opposite, as well as Christ College and Christopher Wren’s clocktower which is under 500 feet away.
The Museum is an easy to operate, keyless, reception free, limited-service hotel in the heart of Oxford city centre. Museum Hotel has 10 en-suite, air-conditioned bedrooms, all equipped with modern amenities including keyless entry, flat-screen TV, Bluetooth speakers, Wi-Fi and work desks. The property also contains two lounges where guests can relax, one of them still having a 16th century original fireplace.
The hotel opened to trade in March 2017, and was, at that time, the first keyless entry hotel in the UK. The ground floor and basement of the property are occupied by Ladbrokes and used as a betting shop this lease currently generates a rental income of £51,000 per annum with a rent review due in December 2023.
Key Features:
- Central Oxford hotel with investment income
- 10 boutique bedrooms run on a keyless basis
- Retail investment generating £51,000pa
- Hotel revenue capable of £300k plus
- EPC – D
