Ardoe House Hotel & Spa sold to MSB Admiral

/, Business News, Property News/Ardoe House Hotel & Spa sold to MSB Admiral

Ardoe House Hotel & Spa sold to MSB Admiral

Amaris Hospitality has sold Ardoe House Hotel & Spa to MSB Admiral which has another property located in Brandon, Warwickshire.

The hotel, set within 30 acres of grounds, comprises 120 en-suite bedrooms, a large commercial gym with swimming pool and spa area, nine meeting and conference rooms with one of the largest conference spaces in the city (capacity for 750 delegates), a restaurant and bar area and extensive parking.

Kerr Young, Director, JLL’s Hotels & Hospitality Group who acted on behalf of the seller said: “We are delighted to have successfully brokered the sale of Ardoe House Hotel via an off market process. This was the fourth hotel that JLL brokered in Aberdeen during 2017 and provides further evidence that investors, both domestic and overseas, believe in the long term prospects in the Aberdeen Hotel market that has been impacted by short term trading volatility following the recent oil price fluctuations.”

By |2018-01-09T10:38:44+00:00January 8th, 2018|Aberdeen, Business News, Property News|Comments Off on Ardoe House Hotel & Spa sold to MSB Admiral

About the Author:

SBNN