Opus North, the leading Ilkley-based property development and investment company, has sold a landmark hotel on the seafront at Aberystwyth to Premier Inn Hotels for an undisclosed sum.
Terms have been agreed for the sale of the flagship Bay Hotel between Opus North and Whitbread Hotels and restaurants, who own the Premier Inn brand.
It is hoped that this new Premier Inn will act as a catalyst for the regeneration of the northern promenade area of Aberystwyth. The hotel will have 62 bedrooms, plus a restaurant on the ground floor.
Full press release, plus images of the new Premier Inn, attached.
For further information, please contact Robert Beaumont of Robert Beaumont Associates on 01423 323139 or 07710 127713< Back to News