Four-Star Country House 43-Key Hotel, With Planning to Add 70 Rooms and Extended Spa, an Hour From London – Surrey Hills Exceptional Price
Location: Surrey, an hour from London by train…South of Guildford
Name: TBA
Guide Price: £6.25m
Price per Key: £145,350
No. of Keys: 43 currently with planning consent to add 70 or 82 more!
The Opportunity:
This hotel has been well-known for some fifty years, with a mostly good reputation (slightly up and down!) and in reasonable decorative order…but with serious upside opportunity….
Potential to convert staff accommodation to 12 more rooms
Planning consent to add 70 rooms
Planning consent to build new conference/wedding event space
Planning to extend the Spa
3 bedroom bungalow and garden – to keep as owner’s accommodation, sell-off or convert to guest lodge/s
The hotel sits in 16 acres of grounds with fab views over the Surrey Hills. Currently there is main meeting room that can hold 200 guests
Flag & Management: Free to new owner
Main Photo: The pool at the current Spa
Financials: 2018/19 financial available after EOI
Tenure: Freehold
Agent: Agents have been appointed, so THPT would need to act for the buyer…we add value as we know a lot about this hotel and it’s history
Date Posted: November 2021
THPT Comment: This is a truly remarkable deal – good looking hotel, plenty of upside by extending, great location and a fab (for the buyer) price!
Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each week we mail the opportunities posted in that period, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all.
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