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NEWSWIRE

Two Seas Hotels Acquires Damons Hotel in Lincoln

12/12/2024 12:06:00

Fleurets, is pleased to announce the successful sale of the Damons Hotel in Lincoln, which completed in just two months.

The freehold of the 48-bedroom hotel has been acquired by Two Seas Hotels, marking the latest expansion of the group's growing portfolio of properties.

Two Seas Hotels Director, Imran Zaman, commented on the sale: "We are thrilled to welcome Damons Hotel to our portfolio. This property represents an excellent opportunity, and we are exploring a rebranding strategy to enhance its identity and appeal."

Alistair Greenhalgh, Fleurets North West Divisional Director, added: "It is clear that market confidence has returned to the hotel transactional sector, as this sale attracted significant interest and was completed within two months of the agreement being finalised. This is a clear example of our ability to transact hotels in a swift and successful manner. We cater to a wide range of buyer requirements across various hotel classes."

For hotel and pub owners considering a sale, please get in touch today.

Fleurets welcomes inquiries at 0161 683 5445 or via email at northwest@fleurets.com