Thu, 01 Nov 2018 | COMMERCIAL PROPERTY
Victoria Hotel in the heart of the historic city of Oxford is up for sale. A family-run guest house, the hotel features 16 en-suite rooms over two floors, a bar and a restaurant that seats 70 people.
The hotel also has owner’s accommodation attached to the main hotel with three bedrooms.
Located a mile outside of the city centre, the hotel is a busy destination for business and leisure guests alike and an attractive stay for those looking to explore the rich history of Oxford including its renowned university, medieval architecture and lively atmosphere.
The sale is being handled by specialist business property adviser, Christie & Co, and the guide asking price is set at £2.5 million.
Tom Orchard, business agent at Christie & Co’s Reading office, said: "Victoria Hotel provides a fantastic opportunity to acquire a business which has potential to grow and will appeal to either a hands-on owner operator or a multiple operator looking to add to their portfolio.
"Hotels in Oxford make an extremely attractive investment due to the city’s reputation as a tourist, business, cultural and academic hotspot, drawing in a huge volume and range of visitors every year. Victoria Hotel’s proximity to the city centre is sure to make it even more appealing and we anticipate high levels of interest."
Set within almost half an acre of land, the hotel also contains parking facilities for up to 17 vehicles with two sizeable outbuildings that have potential - with the right renovations - to be used as additional accommodation units.
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