Holiday Inn Birmingham - Walsall M6, Jct.10 has been sold by Christie & Co on behalf of Canada Life Ltd.
This hotel, which will be continue to be managed by Kew Green Hotels, has 156 bedrooms and has undergone extensive investment across the bedrooms and public areas.
The venue benefits from health and leisure facilities including a swimming pool, as well as extensive conference and meeting facilities.
The hotel regularly serves a number of local, regional and national clients and is popular for meetings and event functions.
Canada Life Ltd, who rebranded the hotel to a Holiday Inn in 2011, have sold to CL Capital, an Asian-based investment fund.
Alex Campbell, Director at Christie & Co, commented, “The Holiday Inn Birmingham-Walsall M6, Jct. 10 presented an ideal opportunity for an investor or operator to acquire a freehold hotel subject to a franchise agreement with one of the world’s leading hotel brands.
'We received strong interest from domestic and international investors for the property, highlighting the demand for strongly performing hotels in the UK regional markets.'
