Christie & Co has been instructed to sell The Mour Hotel, a four-star hotel in Annesley, near Nottingham.
Located close to Junction 27 of the M1, the boutique-style hotel comprises 92 en-suite bedrooms over five floors, as well as a relaxed bar and restaurant, fitness suite, and function spaces with capacity for up to 150 which regularly host weddings, celebrations and conferences. The hotel also offers an outdoor terrace and large private car park.
The hotel was the first Dakota hotel, a boutique hotel chain co-founded by Ken McCulloch, the founder of Malmaison, and David Coulthard, the former Formula 1 driver. It was designed by award-winning Amanda Rosa and won Conde Nast hotel of the year. The hotel is independent of brand and currently operates on a ‘hands off’ basis, with the potential to introduce a brand under new ownership to further increase turnover.
Russel Allen, owner of The Mour Hotel, said: “After nearly two decades of ownership, this is a genuine retirement sale for me. The Mour Hotel has been a rewarding project and I’m proud of what we’ve built. It’s a strong, award-winning business and I believe there’s real opportunity for a new owner to take it even further.”
Matt Hill, senior business agent at Christie & Co, is managing the sale and said: “The Mour Hotel is a landmark well-positioned venue with a broad offering of facilities and strong financial performance.
“This, combined with its fantastic position, and potential to further grow the business, makes it a great opportunity for an experienced operator to add to their portfolio. Our recommendation would be to contact us for further information and view the site to appreciate its quality and value.”
Mour Hotel is on the market with an asking price of £7,250,000.
