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JLL sells Deganwy’s Quay Hotel & Spa
Manchester, 26th November - The Quay Hotel & Spa, Deganwy has been sold, for an undisclosed sum, to a private buyer by JLL following a formal, competitive bidding process.
The purpose-built hotel, originally opened in 2007, has 74 guest bedrooms, leisure facilities and four meeting rooms. It benefits from a unique position on the attractive Deganwy Quay Marina, which offers views across Conwy Estuary to Conwy Castle and enjoys strong year-round demand.
The hotel was put on the market earlier this year following the administration of previous owner, Albemarle Leisure.
Alistair Greenhalgh, senior vice president – hotels & hospitality at JLL, based in Manchester, said: “The sale of the Quay continues to reflect the significant demand across the UK for quality hotel assets that we’ve seen throughout 2014.
“A deal was agreed on The Quay within two months of marketing and the sales process attracted both domestic and international interest driven both by the quality of the asset and its marina location.”
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