Specialist hotel property adviser Christie & Co has confirmed the sale of the Torbay Hotel in Devon on behalf of Coast & Country Collection.
The Torbay Hotel, situated in the heart of Torquay and known for its 111 modern bedrooms, many with stunning harbour views, has been acquired by Caledonian Travel.
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Caledonian’s first deal of 2024 through Christie & Co
David McDonald, Caledonian’s finance director, stated that the addition of the hotel is a significant development as the group expands its presence in established UK resorts.
He expressed gratitude to Christie & Co for their assistance in the transaction – the first deal of 2024 for Caledonian through Christie.
Strategic sale of Coast & Country portfolio assets
Stephen Champion, director of Christie & Co’s hotel team, who facilitated the sale on behalf of the seller, highlighted the Torbay Hotel’s significance as a landmark near Torquay’s marina.
The property garnered substantial interest from both domestic and international hotel operators during its market launch.
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By GlobalDataThe Torbay Hotel is one of the 33 assets included in the Coast & Country portfolio, indicating the strong interest these hotels have received.
With only a limited number of assets still available, interested parties are encouraged to contact Jeremy Jones, head of hotel brokerage at Christie & Co, for further information on the remaining Coast & Country hotels on the market.
