The elegant fully licensed three-star Westcliff Hotel in Westcliff, South Essex has been sold in an off market deal by leisure property specialist Fleurets. The hotel has been acquired for an undisclosed sum by MGM Muthu Hotels, part of M.G Muthu Group from India. Last December, Fleurets was instructed by the vendor on a confidential basis to put the hotel up for sale with an asking price of £1.8 million.
Fleurets Director Bob Whittle said “the Westcliff Hotel is a charming, well maintained and long-established hotel business with 55 en-suite letting bedrooms, many with sea views. There is also a spacious reception lounge, split level bar, 70-cover restaurant, two function suites and three syndicate rooms.”
Commanding a unique clifftop position, the Westcliff Hotel in Westcliff-on-Sea enjoys superb views across the Thames Estuary and is just a short walk from the popular Cliff’s Pavilion live theatre and within ½ mile of two railway stations providing a link to central London in just over 30 minutes. London Southend Airport is within a 15-minute drive.
The hotel represents the second UK asset of MGM Muthu Hotels, as Mr Kailayapillai Ranjan of Highgate Asset Management – who exclusively represents MGM Muthu Hotels in acquiring assets across UK and Europe – facilitated the acquisition through Fleurets of the Belstead Brook Muthu Hotel earlier in the year.
MGM Muthu Hotels, a Global Hotels group operates a total of 15 other properties in Portugal, Spain, India, Singapore, UK and the Caribbean, also has interests in other sectors including logistics, mining, construction and restaurants.
