The Best Western Connaught Hotel, a 3-star venue in Wolverhampton, has been sold through Knight Frank for an undisclosed price to an unknown buyer.
The hotel offers 60 en suite bedrooms, extensive conference facilities, as well as a bar and restaurant.
The property underwent an extensive refurbishment in 2019 and there is significant potential for redevelopment of the site.
The hotel is approximately one mile from the city centre and has excellent connectivity to the M6 and M54 motorways, as well as a city railway station that runs direct services to London, Birmingham, and Manchester.
Mark Chambers, Director at One Call Hospitality Consultants, said, “Having worked with our clients on the redevelopment and branding of the Connaught Hotel, we were pleased to work alongside Knight Frank as part of the eventual exit strategy.”