Doncaster budget hotel price is cut

THE selling price of a Doncaster hotel has been slashed by almost a third to encourage a quick sale in a sluggish market, say agents.

Restover Lodge on Ten Pound Walk, Hyde Park, was on the market for £550,000 for the long leasehold interest but marketing agent Colliers International in Leeds is now seeking offers of around £400,000 for the 62-bedroom site.

Agent Peter Bean said: “Run on a simple room-only basis with shared facilities, the hotel has diverse customer appeal.

“Its location on the edge of the town centre, immediately off the M18 link road, means it is easily accessible for those visiting the town, as well as for visitors to nearby industrial and retail operations and the racecourse and Championship football ground.”