The Gables Hotel in Falfield is located just half a mile from Junction 14 of the M5 and offers easy access to Bristol, Gloucester, Cheltenham and the Cotswolds.
It is being marketed by Enterprise Hotels & Hospitality and Simon Stevens Associates with a guide price of £1.75 million for the freehold.
The Gables includes a Marco’s New York Italian restaurant with seating for 80 guests, a refurbished bar for 40, and a patio area.
Its eight ground-floor meeting rooms can accommodate more than 200 delegates.
Gavin Wright, founder of Enterprise Hotels & Hospitality, said: “We are delighted to present to the market The Gables Hotel on behalf of Webb Hotels.
“This hotel offers a unique opportunity for an existing operator to grow the business through a variety of asset management initiatives.
“With its strategic location, and scope for further development subject to planning permission, the property is ideally positioned for both operational enhancement and long-term value creation.
“The Gables Hotel presents a compelling proposition for investors seeking a foothold in the South West hospitality market.”
The site also includes parking for around 104 vehicles and two EV chargers.
There is potential for expansion, subject to planning, with existing designs for a new entrance, 20 additional bedrooms and a spa facility.
The total site covers approximately 1.8 acres.
Simon Stevens, founder of Simon Stevens Associates, said: “Given the scale and character of this property, it represents an exceptional real estate opportunity for a future owner to reposition the business.
“With the potential benefit of alternative branding, currently Best Western, this asset is well placed to strengthen its identity and maximise performance.”
The Gables Hotel is being marketed as a freehold asset sale.
Falfield is a village and a civil parish in the Charfield Ward, located at the northern border of South Gloucestershire.
Falfield appears on maps going back to 1577, where it appears as Fayleffeld.