Trending
SPR Redfire Limited has acquired the Apple Tree Hotel near Nether Stowey in Somerset for an undisclosed sum, with plans to provide accommodation for workers at Hinkley Point C nuclear power station.
The property was sold by Simon and Gillian Brice, who had owned the property since 2001 after they decided to retire.
The hotel features 16-bedrooms, a bar, restaurant and a separate three-bedroom house.
SPR Redfire said: “We are proud to bring the Apple Tree Hotel into the SPR Redfire portfolio. Demand is here, and growing, and we’re delivering real solutions.
“There’s an urgent need for high-quality contractor accommodation for Hinkley Point C and Gravity, but our vision goes further. We want to provide modern, reliable places to stay today, while laying the groundwork for smarter, community-focused social housing across Somerset in the future.”
Stephen Champion, director – Hotels at Christie and Co, who handled the sale, added: “The number of workers in the UK involved in the construction of Hinkley Point C has now reached 18,000, marking a major milestone in the development of one of the UK’s most significant infrastructure projects.
“In line with this growth, there has been a notable increase in demand for hotels located within the catchment area of the power station. Investors are actively seeking opportunities to capitalise on the rising need for accommodation, driven by the influx of workers and associated economic activity in the region.”
SPR Redfire Limited has acquired the Apple Tree Hotel near Nether Stowey in Somerset for an undisclosed sum, with plans to provide accommodation for workers at Hinkley Point C nuclear power station.
The property was sold by Simon and Gillian Brice, who had owned the property since 2001 after they decided to retire.
The hotel features 16-bedrooms, a bar, restaurant and a separate three-bedroom house.
SPR Redfire said: “We are proud to bring the Apple Tree Hotel into the SPR Redfire portfolio. Demand is here, and growing, and we’re delivering real solutions.
“There’s an urgent need for high-quality contractor accommodation for Hinkley Point C and Gravity, but our vision goes further. We want to provide modern, reliable places to stay today, while laying the groundwork for smarter, community-focused social housing across Somerset in the future.”
Stephen Champion, director – Hotels at Christie and Co, who handled the sale, added: “The number of workers in the UK involved in the construction of Hinkley Point C has now reached 18,000, marking a major milestone in the development of one of the UK’s most significant infrastructure projects.
“In line with this growth, there has been a notable increase in demand for hotels located within the catchment area of the power station. Investors are actively seeking opportunities to capitalise on the rising need for accommodation, driven by the influx of workers and associated economic activity in the region.”
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.
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
