News Elementor

RECENT NEWS

Larchbay offloads historic Farnham hotel for £12m

An undisclosed hotel group has acquired The Bush Hotel Farnham from Larchbay off a guide price of £12m.

The four-star country house hotel dates back to 1618 and features 95 guest bedrooms and landscaped gardens in the Surrey market town.

The property has planning permission for 35 more bedrooms and a 100-capacity orangery to support future business development.

Larchbay owned and operated the hotel for eight years and recently completed a refurbishment and rebranding of the site as an independent business.

The transaction was managed by real estate advisor Knight Frank and Simon Stevens Associates.

John Chesterman of Larchbay said: “It has been a privilege to own and operate this historic establishment over the past eight years, during which time we have undertaken a successful refurbishment and re-branding to an independent hotel to further enhance its offer.

“We are proud to hand the business over in such a strong trading position and look forward to following its continued success under new ownership. We would like to thank our fantastic on site team for all their hard work day in and day out and for putting the Bush Hotel firmly back into the heart of the community.”

He added: “We’d also like to thank both Knight Frank and Simon Stevens Associates for their professionalism and support throughout the sale process, and for attracting such a high-quality and diverse pool of investors and operators to consider this opportunity.”

Partner at Knight Frank, Matthew Smith, said: “The Bush Hotel Farnham presented an excellent opportunity to acquire a well-established country house hotel in a prime Home Counties location. With hotel and leisure investment activity remaining robust as we move into 2026, the asset’s impressive trading performance and clear potential for further growth generated considerable buyer interest. We are delighted to have successfully completed the transaction alongside Simon Stevens Associates.”

Source link

An undisclosed hotel group has acquired The Bush Hotel Farnham from Larchbay off a guide price of £12m.

The four-star country house hotel dates back to 1618 and features 95 guest bedrooms and landscaped gardens in the Surrey market town.

The property has planning permission for 35 more bedrooms and a 100-capacity orangery to support future business development.

Larchbay owned and operated the hotel for eight years and recently completed a refurbishment and rebranding of the site as an independent business.

The transaction was managed by real estate advisor Knight Frank and Simon Stevens Associates.

John Chesterman of Larchbay said: “It has been a privilege to own and operate this historic establishment over the past eight years, during which time we have undertaken a successful refurbishment and re-branding to an independent hotel to further enhance its offer.

“We are proud to hand the business over in such a strong trading position and look forward to following its continued success under new ownership. We would like to thank our fantastic on site team for all their hard work day in and day out and for putting the Bush Hotel firmly back into the heart of the community.”

He added: “We’d also like to thank both Knight Frank and Simon Stevens Associates for their professionalism and support throughout the sale process, and for attracting such a high-quality and diverse pool of investors and operators to consider this opportunity.”

Partner at Knight Frank, Matthew Smith, said: “The Bush Hotel Farnham presented an excellent opportunity to acquire a well-established country house hotel in a prime Home Counties location. With hotel and leisure investment activity remaining robust as we move into 2026, the asset’s impressive trading performance and clear potential for further growth generated considerable buyer interest. We are delighted to have successfully completed the transaction alongside Simon Stevens Associates.”

Source link

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

admin

RECENT POSTS

CATEGORIES

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE US

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution

Copyright BlazeThemes. 2023