Hotel Felix on the market for £8.5 million

George Sell By George Sell
04 September 2018 | Updated 04 September 2018

UK: Hotel Felix, a 52-key converted Victorian villa in Cambridge, is up for sale.

The property, set in landscaped grounds, was fully renovated in 2002 and has planning consent, granted in 2018, for an extension to provide a further 16 bedrooms and new reception area.

Its three dining facilities cater for a combined 200 covers on site: the 2 AA Rosette Graffiti Restaurant, the Orangery, and the seasonal Garden Terrace, all of which are available for private hire. There is extensive on-site car parking.

Hotel Felix is situated north of the city centre, and within the North West Cambridge Development vicinity, which is a substantial 150 hectare development by the University of Cambridge, incorporating new homes, accommodation for post graduate students, and 100,000 square metres of academic research and development space.

Henry Jackson of Knight Frank LLP comments: "The hotel is currently owned by Cassel Hotels, and is available for the first time in its history, as the owners are looking for a new purchaser to drive the business forward."

Jeremy Jones at Christie & Co said: "The Hotel Felix represents a unique opportunity for an investor to acquire a substantial, unencumbered freehold hotel in Cambridge, one of the most sought after hotel markets in the UK. With significant asset management and value enhancement options, we anticipate a strong level of interest from domestic and international purchasers."

The freehold of Hotel Felix is available with no third-party management for offers, in excess of £8,500,000, for 100 per cent of the issued share capital of the company.

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