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Bournemouth’s Metro Palace Court Hotel sold for £14m
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American Amusements has sold the Metro Palace Court Hotel in Bournemouth as part of its strategy to dispose of non-core business interests and expand into the family entertainment and amusements sector.
It currently operates eight entertainment centres, including the recently-acquired Sudbury Bowl and Horsham Family Entertainment Centre.
The Metro Palace Court Hotel, which American Amusements will continue to operate until January 2006, has been acquired for £14m by GSC Property Holdings through Edward Symmons Hospitality & Leisure. American Amusements has retained a 35-year lease on the property’s car park.
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American Amusements has sold the Metro Palace Court Hotel in Bournemouth as part of its strategy to dispose of non-core business interests and expand into the family entertainment and amusements sector.
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141205-Metro-Palace-court.jpg
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