Hotel for sale in Hartlepool


A hotel has been put on the market in Hartlepool, but its owners are insisting that business is still good and the sale is simply to “test the market”.

The Best Western Grand Hotel has a restaurant, bar, conference and banqueting facility and a ballroom, which the selling agents describe as 'the most impressive room in the hotel'.

An asking price of £2.5 million has been put on the property, but Keith Donkin, director of the owners of the hotel Tavistock Leisure, stressed that it is still “business as normal”. Speaking to the Hartlepool Mail, he added that the property was “performing well”, noting that the 50-room property has an average occupancy of 72 per cent during the week, rising close to 100 per cent on weekends.

Mr Donkin elaborated: “We bought the Grand Hotel and invested £1 million in it, and got it into a strong position which it is now. The reason we have put it up for sale is to continue with the business model which is buying failing sites and refurbishing them, selling them on and moving on to the next one.”

The building itself was constructed in 1899 and has previously been owned by North Eastern Railway, West Hartlepool Hotels and Consort, the UK's largest group of independent hotels. Tavistock Leisure took over in 2007.

Share this article

Latest Businesses for Sale

Digital Marketing Agency in Web & Mobile App Design & Development
West Midlands, UK

Designs and develops websites and business critical web / mobile applications. Employs 19 talented and experienced in-house designers and developers. Operates from freehold premises. Our client is offering the business for sale to facilitate growth....

Asking Price: Offers Invited
Turnover: £1,000,000


Provider of Home Care
Yorkshire and the Humber, UK

Offers a variety of services including domestic assistance, medication administration, companionship and palliative care, as part of a 24/7 service. Care Quality Commission with a rating of ‘Good’ in all domains. Contractually provides its services t...

Asking Price: Offers Invited
Turnover: £1,300,000


Fast Food Chain Restaurant
UK Wide

Currently operates from a number of restaurants, all of which are situated in prominent trading locations and benefit from high levels of footfall. Long-standing brand with a multitude of excellent reviews online. All dishes are prepared in store by...

Asking Price: Offers Invited
Turnover: £6,100,000


View more businesses for sale

News Search

Latest News


MBO at Derby rail sector recruiter | MBO/MBI

There has been a seven-figure management buyout (MBO) at Der...


Scunthorpe construction group call in administrators | ADMINISTRATION

Scunthorpe-based Clugston Group and Clugston Construction ha...


KPMG agrees to sell pensions arm | DIVISION SALE

Professional services network KPMG has announced that it has...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Award-winning Lancashire hotel enters administration | ADMINISTRATION

A hotel voted as one of the best in Lancashire last year has...


Best Western Mount Sorrel hotel for sale following administration | BUSINESS SALE

A buyer is being sought for The Best Western Mount Sorrel ho...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources