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Sidholme Hotel brought to market for £1.9m

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In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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The Sidholme Hotel in Devon has been brought to the property market off a guide price of £1.9m.

The Grade II listed hotel dates back to 1826 and retains many of its original architectural features, including the music room with neo-classical style interior with fine chandeliers and vaulted ceiling. It also benefits from a range of public areas including lounges, conference room, restaurant and a terrace for alfresco dining.

The property is located in the Elysian Fields part of Sidmouth and occupies a secluded position within 5.2 acres of private gardens and grounds.

The site comprises of the main building which provides 46 ensuite rooms, a separate block which provides 25 bedrooms and nine bathrooms, a detached building which houses an indoor swimming pool and a three bedroom owners’/managers’ bungalow.

James Greenslade, associate director in the hotels team at Savills Exeter, said: “This is an impressive building that is full of history and uniquely positioned near to the town and seafront, surrounded in an idyllic setting.

“The popular seaside town of Sidmouth regularly attracts tourists looking for easy access to the coastline and picturesque villages in East Devon.”

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