• Wed. Oct 5th, 2022

64-bedroom hotel franchise in Crewe up for sale for £3.5million | Local News | New

ByStephanie M. Akbar

Sep 12, 2022

A 64-room hotel franchise near Crewe station has been put up for sale, costing an “experienced operator/investor” £3.5million.

Holiday Inn Express, Macon Way, is marketed by specialist commercial property advisers, the Manchester office of Christie & Co.

The 0.48 acre site, located behind a McDonald’s fast food joint, includes a bar, restaurant and parking lot.

Holiday Inn Express, Macon Way, is marketed by specialist commercial property advisers, the Manchester office of Christie & Co (Rightmove).

This three-storey property is just 500 meters from Crewe Railway Station and 800 meters from Apollo Health Sciences University Buckingham Campus, Crewe Green Road.

According to Google Reviews, Holiday Inn Express Crewe has an average rating of 3.5. This is made up of 442 reviews.

A Christie & Co sales brochure described the listing, saying: “Our clients have owned and operated the hotel for a number of years and are now looking to exit.

“We believe this is an ideal opportunity for an experienced operator/investor to take over a branded, ready-to-operate hotel business.

Holiday Inn Express Crewe is located just 500 meters from Crewe Rail Station (Ryan Parker).

“The operation is currently fully managed with a solid structure already in place.

“The hotel has a high turnover, with a high occupancy rate.

“Revenue comes from a variety of revenue streams.”

According to the brochure, Holiday Inn Express in Crewe’s turnover was £978,623 in 2020, making gross profit of £694,925.

The Macon Way Holiday Inn Express franchise is currently on a 20 year term which began in September 2012.

The 0.48 acre site of Holiday Inn Express is located behind a McDonald’s fast food outlet. It includes a bar, restaurant and parking (Wikimedia Commons).

As of April 2021, Holiday Inn had 601 hotels in the UK. 579 of these sites were in England.

Crewe Nub News has contacted IHG to comment on this £3.5m listing.

READ MORE: The car collides with a lamp post and comes to rest on a live wire in a serious collision near Crewe.

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