Hilton Maidstone on the market for £12.5m
The 146-bedroom Hilton Maidstone hotel in Kent has been put on the market for offers in excess of £12.5m.
The purpose-built hotel is set within 6.2 acres of land and has eight meeting rooms, a bar, restaurant, health club, swimming pool and approximately 300 car parking spaces. During 2019 the hotel saw turnover of approximately £5.4m and it is understood to be currently owned by Freelance Properties.
Henry Jackson, head of hotel agency at Knight Frank, which is marketing the property, said: "There is an exciting opportunity next year to reposition and rebrand the property upon the expiry of the lease with Hilton. A number of brands have expressed an interest in the branding opportunity upon the expiry of the occupational lease, currently in place to Hilton Group which is set to expire on 31 December 2021."