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The Sheffield Metropolitan Hotel has been placed on the market for £2.5m on behalf of the Royal Bank of Scotland (RBS).
Located in the Quayside District of Sheffield, the 111-bedroom hotel features a large open plan brasserie-style restaurant, large bar, meeting suite, bike store and 12 car parking spaces.
Julian Troup, head of UK hotels at Colliers International, which is handling the sale, said: “The Sheffield Metropolitan provides a rare opportunity to acquire a large city centre hotel with opportunities to substantially increase trade.
“The Sheffield Metropolitan is in the heart of a regeneration zone which will see the corridor linking the Riverside Business District and Castlegate area to the rest of the city centre transformed, as the traditional city core continues to expand.
“For the right buyer, there exists an exciting opportunity to reconfigure the ground floor of the hotel to make the most of these new surroundings.”
Colliers International said that the 10-storey hotel also benefits from plans by Sheffield City Council to invest £3.6m into regenerating the city’s riverside business district and principal hotel area.
