Hospitality Properties for sale in B15, Birmingham

Hospitality Properties for Sale Within 5 miles of the B15, Birmingham

More details for 144 High St, West Bromwich - Hospitality for Sale

Premier Inn West Bromwich Central Hotel - 144 High St

West Bromwich, B70 6JJ

Hospitality for Sale
£6,250,000
109,549 sq ft

Controlled Access
Restaurant
Smoke Detector

West Bromwich Hospitality for Sale

West Plaza comprises ten floors of hotel and office accommodation, extending to 93,582 sq. ft. (8,697.21 sq m). The hotel accommodation is situated over eight floors and incorporates 107 ensuite bedrooms. Currently operated by Vine Hotels, the site has traded as a hotel since 2000 and also offers office accommodation to the remaining floors. The property benefits from onsite car parking, goods lift access to all floors, and two 8 person passenger lifts. There is car parking to the front, first floor, and underground totalling 78 car parking spaces. - Established 107 bedroom hotel with additional office accommodation. - Producing £1,421,200 per annum inclusive of profit share. - Excellent potential for alternative use (STPP).

Contacts:

Bond Wolfe Agency

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

02/06/2026

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More details for Alcester Rd S, Birmingham - Hospitality for Sale

Travelodge Birmingham Metro Maypole Hotel - Alcester Rd S

Birmingham, B14 5JF

Hospitality for Sale
£6,245,000
30,647 sq ft

Restaurant

Birmingham Hospitality for Sale

This opportunity comprises a high-quality, long-income mixed-use investment anchored by Travelodge, occupying a prominent 1.092-acre freehold site in Maypole, Birmingham. The property provides a total of 38,519 sq ft of modern accommodation arranged as a 60-bed hotel above a strong retail parade fully let to national and established operators including Ladbrokes, Poundstretcher, InHealth and Subway. The asset produces a passing rent of £516,122 per annum with an estimated rental value of £576,806 per annum, supported by CPI-linked uplifts on key leases and vendor top-ups where applicable. The investment offers a WAULT of 9.64 years to break and 10.33 years to expiry, underpinned by the covenant strength of Travelodge Hotels Ltd and other nationally recognised occupiers. Situated on the heavily trafficked A435 Maypole Island, the scheme benefits from exceptional visibility and forms the focal point of the area’s retail offering alongside Sainsbury’s, Aldi and Starbucks. The property also includes a 64-space car park with EV charging, enhancing its long-term income resilience. Offers are invited based on £6,245,000, reflecting a 7.75% net initial yield and 8.66% reversionary yield.