St Modwen has sold a 1.47-acre site at its £10m The Hive at Widnes Waterfront in Cheshire to leisure group Whitbread.
The group, which paid St Modwen £975,000 for the site, will build a 60-bedroom Premier Inn hotel, plus a 7,500 sq ft Brewers Fayre restaurant.
St Modwen is developing The Hive in partnership with Halton borough council. The scheme will open in October 2011.
The Hive will also include a Reel Cinemas multiplex, a 36,000 sq ft ice rink, operated by Planet Ice, a Frankie & Benny’s restaurant and Widnes Superbowl.
Michelle Taylor, regional director at St Modwen, said: “This sale is yet another vote of confidence from a quality operator, in a scheme which has been highly successful to date.”
daniel.cunningham@estatesgazette.com
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