A 51-bedroom hotel with a restaurant and spa in East Lancashire has hit the market.
The Oaks Hotel in Colne Road, Reedley, has been listed for offers in the region of £1.8 million by real estate advisors Colliers.
The AA three-star hotel sits on around 3.5 acres of landscaped grounds and has 51 bedrooms as well as substantial public areas including Quills restaurant, residents’ bar Archives, and various lounges.
There is also extensive function space including the Bowland Suite, Prestbury Suite, Pendle View Suite, Altham Suite, and the Oakleigh Suite.
The hotel also boasts a two-level leisure club including a lounge, swimming pool, air-conditioned gym, sauna, steam rooms, and spa bath.
Included in the price is a detached lodge at the entrance to the site.
Julian Troup, head of UK hotels agency at Colliers, said: “The Oaks Hotel is a high-profile country house hotel located in a prominent position on the outskirts of town.
“In addition to the existing going concern business, there is a substantial main building together with the attached leisure facility, plus the detached lodge, we are confident of attracting strong interest from a diverse range of prospective buyers.”
Net turnover for the year ending October 2023 was £1,765,555.
Anyone interested in the property is asked to contact Colliers.
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