9 UK hotels

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
available either individually or as a group
9 UK hotels
For individual enquiries please contact the local representative as detailed in the relevant brochure.
For group/sub group enquiries please contact:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
www.christie.com
OFFICES ACROSS EUROPE
T: 01622 656000
E: [email protected]
T: 01473 256588
E: [email protected]
T: 020 8370 3100
E: [email protected]
Maidstone
Ipswich
Enfield
T: 020 7227 0700
E: [email protected]
T: 0141 352 7300
E: [email protected]
T: 0131 557 6666
E: [email protected]
London Corporate
Glasgow
Edinburgh
T: 020 7638 7777
E: [email protected]
T: 01392 285600
E: [email protected]
T: 0117 946 8500
E: [email protected]
London
Exeter
Bristol
T: 0113 389 2700
E: [email protected]
T: 01372 731330
E: [email protected]
T: 0121 456 1222
E: [email protected]
Leeds
Epsom
Birmingham
Manchester
T: 0161 833 3311
E: [email protected]
Milton Keynes
T: 01908 300950
E: [email protected]
Newcastle
Nottingham
T: 0115 948 3100
E: [email protected]
Winchester
T: 0191 222 1740
E: [email protected]
T: 01962 844455
E: [email protected]
Ref: J825
Hotel
Address
Tenure
Bedrooms
Swallow Hotel, Carlisle
London Road, Carlisle CA1 2NS
Freehold
92
Three Tuns Hotel, Durham
New Elvet, Durham DH1 3AQ
Freehold
50
Swallow Hotel, Gateshead
High West Street, Gateshead NE8 1PE
Long leasehold
103
Swallow Hotel, Glasgow
517 Paisley Road West, Glasgow G51 1RW
Freehold
116
Belstead Brook Hotel, Ipswich
Belstead Road, Ipswich IP2 9HB
Freehold
88
Imperial Hotel, Newcastle upon Tyne
Jesmond Road, Newcastle upon Tyne NE2 1PR
Freehold
122
Churchgate Hotel, Old Harlow
Churchgate Street Village, Old Harlow CM17 0JT
Freehold
85
Swallow Hotel, Preston
Preston New Road, Preston PR5 0UL
Freehold
78
Swallow Hotel, Stockton-on-Tees
John Walker Square, Stockton-on-Tees TS18 1AQ
Long leasehold
125
www.christie.com
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
Full details will be available very soon, please do check this PDF again or
contact Christie + Co for further information (contact details below).
available either individually or as a group
9 UK hotels
For individual enquiries please contact the local representative as detailed in the relevant brochure.
For group/sub group enquiries please contact:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
www.christie.com
OFFICES ACROSS EUROPE
Birmingham
Epsom
Leeds
T: 0121 456 1222
E: [email protected]
T: 01372 731330
E: [email protected]
T: 0113 389 2700
E: [email protected]
Bristol
Exeter
London
Manchester
T: 0117 946 8500
E: [email protected]
T: 01392 285600
E: [email protected]
T: 020 7638 7777
E: [email protected]
T: 0161 833 3311
E: [email protected]
Edinburgh
Glasgow
London Corporate
Milton Keynes
Nottingham
T: 0131 557 6666
E: [email protected]
T: 0141 352 7300
E: [email protected]
T: 020 7227 0700
E: [email protected]
T: 01908 300950
E: [email protected]
T: 0115 948 3100
E: [email protected]
Enfield
Ipswich
Maidstone
Newcastle
Winchester
T: 020 8370 3100
E: [email protected]
T: 01473 256588
E: [email protected]
T: 01622 656000
E: [email protected]
T: 0191 222 1740
E: [email protected]
T: 01962 844455
E: [email protected]
Ref: J825
Swallow Hotel, Carlisle
Public areas
• Reception
• Fairfield Lounge (120)
• Langsdale Restaurant (120)
Meeting/conference facilities
Swallow Hotel
London Road, Carlisle CA1 2NS
• Malvern Room (300)
• Cotswold Room (200)
• Mendip Room (150)
• 92 en suite bedrooms
• Pennine Room (30)
• Health and leisure club with swimming pool
• Chiltern Room (25)
• Car park with circa 300 spaces
• Cheviot Room (10)
• Substantial freehold site
• Fell Room (10)
• Eight meeting/conference rooms, accommodating
a maximum of 300 delegates
• Boardroom (12)
• Located approximately 1 mile from Carlisle city centre
Ancillary areas
• Fully fitted kitchen
Offers invited — Freehold
• Washing up area
Situation
• Walk-in fridge and freezer
The hotel is situated approximately 1 mile south of Carlisle city
centre, which has a total population of approximately 70,000 people
(2001 Census). Carlisle is an ancient city and has a historic centre
with several tourist attractions such as the castle, cathedral,
museum and city wall.
• Laundry area
• Twelve staff bedrooms and management
offices, which are located on the first floor
Letting accommodation
Carlisle is easily accessed via junction 42 and 43 of the M6 motorway
and is located approximately 18 miles northeast of Penrith, 50 miles
southwest of Newcastle upon Tyne and 25 miles northeast of Keswick,
in the Lake District.
The bedroom accommodation is arranged over three floors and is
served by a passenger lift in the main house, which provides access
to the first and second floors. The hotel comprises 92 en suite
bedrooms, which are arranged as follows:
The property
• 46 standard double bedrooms
This purpose-built hotel comprises 92 bedrooms and is arranged over
three floors, with extensive conference, function, banqueting and
leisure facilities.
• 42 standard twin bedrooms
• 2 family bedrooms
• 2 standard single bedrooms
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
Leisure facilities
The hotel has extensive health and leisure facilities, which are located on the
ground floor. These facilities include two solariums, gym, swimming pool,
steam room, sauna and changing facilities.
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
Location map
*
External areas
<]JW`Ra
The hotel occupies a site area of approximately 3.8 acres and provides car
parking for approximately 300 vehicles.
The business
,J[UR\UN
Carlisle is the northernmost city in England and an important administrative
centre. Located in Cumbria — between the Scottish Borders and the Lake
District — the city acts as a gateway to the area’s many attractions, which
include Hadrian’s Wall. The hotel business benefits from its close proximity
to Harraby Green Business Park, which is a significant demand generator.
;X
JM
;X
JM
* <`JUUX`1X]NU
-JU
\]XW
6
X
WM
5X
M
XJ
W;
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £1,448,000.
*"
@R
P]X
W
Trading information
@J[`RLT;XJM
Tenure
Freehold.
,J[UN]XW
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
Martin Davis or Gavin Wright
Christie + Co, Acresfield, St Ann’s Square, Manchester M2 7HA
T: 0161 833 3311
F: 0161 835 2949
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 56/45697
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Three Tuns Hotel, Durham
Public areas
• Reception
• Tudor Bar (100)
• Elvet Bar (70)
Three Tuns Hotel
• Browns Restaurant (100)
New Elvet, Durham DH1 3AQ
• 7 function rooms, including the Elvet Suite, which accommodates a maximum of 350 people
• 50 en suite letting bedrooms
Letting accommodation
• Restaurant and bar
The bedroom accommodation is arranged over three floors. In total
the hotel comprises 50 en suite bedrooms, which are arranged as
follows:
• Conference and function facilities
• 26 standard double bedrooms • City centre location with car parking
• 15 single bedrooms
• High-profile trading location
• 6 standard triple bedrooms
Offers invited — Freehold
• 3 suites
• 16th Century coaching inn
Situation
The hotel was originally a coaching inn dating from the 16th Century.
It occupies an excellent position, fronting New Elvet in the historic centre of
Durham, close to the cathedral and university. The university is a key demand
generator for the hotel, as are Durham’s castle, cathedral, Gala Theatre and
botanical gardens, which all attract tourist business and are within walking
distance of the property.
Durham’s rail connections, via the East Coast Main Line, are excellent. A journey
to Edinburgh takes approximately 1.5 hours, whilst London is approximately
3 hours away. The A1(M), just to the east of the city, provides links with the
major conurbations of Teeside, Wearside and Tyneside. Newcastle Airport lies to
the north and Durham Tees Valley Airport to the south, both of which are about
25 miles away.
The property
The original coaching inn has been extended at various points in time. The
property now comprises a series of three-storey buildings, which have been
arranged around a central courtyard car park. There are seven retail units
included within the property, which front New Elvet and are separately let.
External areas
Approximately 40 car parking spaces. The business
The hotel benefits from predominantly business-related trade during
the week, with additional leisure-based custom at weekends.
Trading information
Trading information will be provided to interested parties upon
completion of a signed confidentiality agreement. However, Christie + Co is advised by the client that net sales for the financial
year ending 31 March 2008 were approximately £1,503,000.
Tenure
Freehold.
Branding
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding. Location map
*
*"
/[JV`NUUPJ]N
6XX[
Third party occupiers
There are seven retail units, which are let on a range of agreements and
generate various rents. Christie + Co is advised by the client that total rents
receivable are approximately £53,730 per annum and there are currently two
vacant units which are both under negotiation for a combined rent of £25,500.
,J[[_RUUN
*"
*"
Fire risk assessment
-^[QJV
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business. >WR_N[\R]bXO
-^[QJV
Licences
=Q[NN=^W\
1X]NU
<QN
[K^
[W;
XJM
*6
<X^
*
1RP
Q<
][N
N]
The hotel benefits from all the necessary licences for the conduct of the business.
]Q
;XJ
M
+
*"
*
*!
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
David Lee or Steve Rodell
Christie + Co Shakespeare House, 18 Shakespeare Street, Newcastle upon Tyne NE1 6AQ
T: 0191 222 1740
F: 0191 222 1749
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 64/4976
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Swallow Hotel, Gateshead
Public areas
• Reception
• Leisure club
• Hadrian’s Bar (35) and Restaurant (150)
• Bewick and Shipley Bar
Swallow Hotel
High West Street, Gateshead NE8 1PE
• Ravensworth Suite (300)
• Bewick Suite (100)
• Boardroom (12)
• 103 en suite letting bedrooms
Ancillary areas
• Landmark hotel building
• Reception and management office
• Meeting and function facilities with a maximum capacity of 300
• Further offices and a staff training room
• Leisure club, bar and restaurant
• Main kitchen
• 100 car parking spaces
• Staff canteen
• Rental income derived from retail units
Offers invited — Long leasehold
Situation
Letting accommodation
The bedroom accommodation is arranged over six upper floors and
has lift access. In total the hotel comprises 103 en suite bedrooms,
which are arranged as follows:
The hotel is a prominent landmark building in the centre of Gateshead,
approximately one mile from Newcastle’s Quayside. It is well placed to take
advantage of the Gateshead regeneration programme, which has already
transformed much of the area and continues to progress. Local attractions
include The Sage, Baltic Centre for Contemporary Art, MetroCentre, Gateshead
Athletics Stadium, The Angel of the North and Newcastle city centre, which is
one stop away on the Metro.
• 72 double bedrooms
The property
The hotel has health and leisure facilities, which are located
on the ground floor and include a swimming pool, spa bath
and gymnasium.
The hotel is a purpose-built seven-storey property, which dominates the
locality. There is an extensive car park and four self-contained retail units
fronting Bewick Road.
• 24 single bedrooms
• 3 standard triple bedrooms
• 4 suites
Leisure facilities
External areas
The hotel occupies a plot of approximately one acre. There is a small
amount of forecourt/drop-off parking. The main car park is separate
from the hotel building, with space for approximately 100 vehicles.
Third party occupiers
There is a telecommunications mast and four retail units which are let on a
range of agreements at various rental levels. Christie + Co is advised that
total rents receivable are approximately £35,703 per annum.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
M
];XJ
,XJ\
*"
Location map
*!
The business
*!
Trading information
Christie + Co understands the property is held on a 150-year ground lease
from Gateshead Metropolitan Council, effective from 21 March 1964 at a
passing rent of £1,600 per annum.
@N\]
;X
JM
*"
@J
UT
N[
`XXM;
XJM
*"
*!
0J]N\QNJM
*
*
;XJ
M
* 6
<LX]]\
*!
M
Tenure
*!"
-^[QJV;XJ
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £1,767,000.
7N`LJ\]UN
^YXW=bWN
*!
The hotel currently trades in the economy to mid-market sector and benefits
from a good amount of corporate and repeat business. There is substantial
potential to further utilise the hotel’s restaurant and conference &
banqueting facilities.
*!!
*
<`JUUX`1X]NU
9J[
T
;X
JM
*!
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
David Lee or Steve Rodell
Christie + Co Shakespeare House, 18 Shakespeare Street, Newcastle upon Tyne NE1 6AQ
T: 0191 222 1740
F: 0191 222 1749
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 64/4977
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Swallow Hotel, Glasgow
Public areas
• Reception
• Readers Restaurant (110)
• Cocktail bar/lounge (60)
Swallow Hotel
517 Paisley Road West, Glasgow G51 1RW
• Albany Conference Suite (220), which can be subdivided into the Iona, Harris and Mull rooms
• Boardroom (24)
• Islay Suite (80)
• Bute Room (20)
• 116 en suite bedrooms
Ancillary areas
• Purpose-built city hotel
• Accounts, reservations and management offices
• Extensive conference and function facilities
• Main kitchen
• High-profile trading location off the M8 motorway
• Staff areas
• Close to the Ibrox Stadium
• Health and leisure club with swimming pool
Offers invited — Freehold
Situation
The hotel is located in South West Glasgow, close to the Ibrox Stadium (home of Rangers FC) and within easy reach of the headquarters of BBC
Scotland, Scottish Television and the Scottish Exhibition and Conference Centre
(SECC). The major shopping centres at Braehead and Silverburn are also nearby.
The hotel benefits from excellent road transport links. It is situated on Paisley
Road West, a short distance from junction 23 of the M8, which provides direct
links to Glasgow Airport and the city centre — which is just minutes away.
The property
The 116-bedroom hotel was purpose-built in 1978. The accommodation is
arranged across three floors in two connected buildings. The hotel also offers
versatile conference, function and banqueting facilities — the largest of which
accommodates 220 delegates.
Letting accommodation
The bedroom accommodation is arranged over three floors. In total the hotel comprises 116 en suite bedrooms, which
are arranged as follows:
• 99 standard double bedrooms
• 9 triple bedrooms
• 1 suite
• 7 single bedrooms
Leisure facilities
The hotel has a leisure club, which is also open to non-residents,
with a swimming pool, gymnasium, spa baths and changing rooms.
External areas
The hotel occupies a prominent site on Paisley Road West, with
the M8 motorway to the rear of the hotel. Occupying a site of
approximately two acres, the hotel has 150 car parking spaces.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
Location map
0UJ\PX`
<`JUUX`1X]NU
6!
The business
<`JUUX`1X]NU
0UJ\PX`
The hotel is well placed to develop
trade from a wide variety of business and
leisure sources. The Ibrox Stadium provides an excellent source of business for
the hotel, which benefits from substantial match-day income.
* + !
6
Trading information
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £2,258,000.
Tenure
Freehold.
+ !
*!
6!
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
Stuart Ferguson
Christie + Co 5 Logie Mill, Beaverbank Office Park, Edinburgh EH7 4HG
T: 0131 557 6666
F: 0131 557 6000
E: [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 68/46455
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Belstead Brook Hotel, Ipswich
Public areas
• Reception area
• Manor Restaurant (80)
• Garden Bar (40)
Belstead Brook Hotel
Belstead Road, Ipswich IP2 9HB
• 88 en suite letting bedrooms
• Restaurant (80), bar (40) and lounge (30)
• Extensive conference and function facilities
• Lounge (30)
• Willow Suite (180)
• Orwell Suite (40)
• Cornhill Suite (40)
• Brook Suite (25)
• Rotunda (25)
• Strategic location, close to the A12
Ancillary areas
• Extensive freehold site
Commercial kitchen and staff, service and office areas.
• Leisure club with indoor swimming pool
Offers invited — Freehold
Situation
The hotel is located a short drive from Ipswich town centre and close to the
A12/A14 trunk road interchange. Stansted Airport is easily accessible and rail
links, from Ipswich to London Liverpool Street, are excellent.
The county town of Ipswich has seen very significant development over
the last few years, including a new university, marina and extensive
residential developments.
The property
Partly dating from the 16th Century, the Belstead Brook Hotel has been
extensively developed to provide additional bedroom, conference and leisure
facilities. The hotel now offers a total of 88 en suite letting bedrooms, ranging
from executive garden and double bedrooms, to standard bedrooms and suites.
Letting accommodation
In total the hotel comprises 88 en suite letting bedrooms,
which are arranged as follows:
• 50 twin/double bedrooms
• 18 executive bedrooms
• 16 single bedrooms
• 2 family bedrooms
• 2 suites
Leisure facilities
The hotel has a leisure club with an indoor swimming pool,
spa, sauna and gymnasium. There are also beauty treatment
rooms and a solarium.
External areas
The hotel occupies a parkland setting of approximately
9 acres, with parking for around 130 vehicles.
Tenure
Freehold.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
+[JVOX[M
L
[`R
7X
Branding
XJM
Q;
The property is currently operated under management by Crerar Hotels
*
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
?JUUNb;XJM
*
Location map
* *
2Y\`RLQ
* @N\].WM;XJM
The business
/NUR
a
,QJW][b
The hotel is well placed to develop trade from a wide variety of business and
leisure sources, particularly in light of the development of the town and county
in general. The business has been serving Ipswich’s hospitality demand for
many years and is established within the local community and at a corporate
level, with potential for further growth.
\]X
*
+NU\]NJM+[XXT1X]NU
Trading information
,XYMXLT
Trading information will be provided to interested parties on completion of
a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £2,339,000.
+NU\]NJM
*
8[`NUU+[RMPN
*
K
`N
;XJ
M
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
Tim Gooding
Christie + Co, Wolsey House, 16-18 Princes Street, Ipswich, IP1 1QT
T: 01473 256588
F: 01473 230071
E: [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 14/46521
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Imperial Hotel, Newcastle upon Tyne
Public areas
• Reception
• Leisure club with a swimming pool
• Chapters Restaurant (80)
• Library Bar (50)
Imperial Hotel
• 7 meeting rooms, including the Rothbury Suite,
which can accommodate a maximum of 150 delegates
Jesmond Road, Newcastle upon Tyne NE2 1PR
Ancillary areas
• Prominent main road position
• Reception and management office
• Located in the popular Jesmond district of Newcastle
• Main kitchen
• Car parking for approximately 120 vehicles
Letting accommodation
• 122 en suite letting bedrooms
The letting accommodation is arranged over two floors and is
accessible by a lift. In total the hotel comprises 122 en suite
bedrooms, which are arranged as follows:
• Leisure club with swimming pool
• Bar restaurant and function rooms
Offers invited —
Freehold*
Situation
The hotel fronts the extremely busy Jesmond Road (a main arterial route)
and is a short drive from Newcastle city centre. Jesmond Metro station is
nearby, as is the vibrant Osborne Road, with its many bars and restaurants.
Newcastle Airport is approximately 20 minutes away by car. Newcastle is
well connected by railway via the East Coast Main Line.
The property
The hotel occupies a site of over an acre. A large proportion of the hotel was
purpose-built — providing 53 bedrooms and a car park. The leisure club, public
areas and remaining letting bedrooms are located in the older part of the hotel.
* A fire destroyed a section of the hotel in early 2008. An insurance claim
has been made and a full refurbishment is underway. It is anticipated that the
asset will be sold with the benefit of the refurbishment, which is scheduled for
completion in February 2009.
• 69 standard double/twin bedrooms
• 49 single bedrooms
• 3 standard triple bedrooms
• 1 suite
Leisure facilities
The hotel has health and leisure facilities, which are located
on the ground floor and include a swimming pool, spa bath
and gymnasium.
External areas
The external areas comprise a two-storey 120 space car park,
ancillary storage and a small yard at the rear of the property.
The business
Since the fire, the hotel has traded with 53 bedrooms on a bed and
breakfast only basis. The business is situated in a highly fashionable
part of Newcastle and previously benefitted from good levels of
business and leisure trade. Once the refurbishment is complete and
all the original facilities are re-established, there is great potential to
position the hotel in the mid-market sector.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
Location map
*!"
*!
Trading information
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £1,856,000 (this figure was affected by the fire damage).
@N\];
X
JM
6
8\KX[WN;M
*
1X]NU
*!!
7N`LJ\]UN
^YXW=bWN
*"
@JUT
N[
;XJ
<LX]]\`
XXM;
XJM
*"
*
Freehold.
0J]N\QNJM
*!
9J[
T
;X
JM
JM
*
M
*!
-^[QJV;X
Tenure
Third party occupiers
,XJ\
2VYN[RJU *!
*!
M
];XJ
*"
There is a vacant retail unit.
The photographs in this brochure were taken before a fire destroyed a section of the hotel in early 2008.
Please see details under “The property”.
*!
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
David Lee or Steve Rodell
Christie + Co Shakespeare House, 18 Shakespeare Street, Newcastle upon Tyne NE1 6AQ
T: 0191 222 1740
F: 0191 222 1749
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 64/4978
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Churchgate Hotel, Old Harlow
Meeting/conference facilities
The hotel has seven conference/function and meeting
rooms — the majority of which are air-conditioned:
• Hertford Suite (160)
Churchgate Hotel
Churchgate Street Village, Old Harlow CM17 0JT
• Essex Room (70)
• Kent Room (40)
• Hampshire Room (12)
• Norfolk Room (10)
• 85 en suite letting bedrooms
• Bar and restaurant (80)
• Extensive function and conference facilities
• Cambridge Room (10)
• Small boardroom (4)
• Parking for 120 vehicles
Ancillary areas
• Leisure facilities with swimming pool
Full commercial kitchen with service and storage areas.
• Set in landscaped grounds
Letting accommodation
Offers invited — Freehold
In total the hotel comprises 85 en suite bedrooms,
which are arranged over two floors as follows:
Situation
• 30 double bedrooms
The hotel is located in Old Harlow, approximately 25 miles from central London.
Dating from 1651, the hotel retains much of its original charm although the
property has been substantially improved and extended over the years.
• 23 twin bedrooms
The hotel benefits from excellent road transport links and from the area’s
strong commercial activity. Old Harlow is located directly off the M11
at junction 7, close to the interchange with the M25.
The property
Constructed around a substantial 17th Century house, the property has been
extended and developed to provide additional bedroom, conference and leisure
facilities. The hotel has adequate surface car parking.
Public areas
• Reception area
• The Chantry Bar
• The Manor Restaurant (80)
• 22 single bedrooms
• 9 suites
• 1 four-poster bedroom
Leisure facilities
The hotel has a leisure club including a swimming pool, spa,
sauna and gymnasium. There are also beauty treatment rooms
and a solarium.
External areas
The property is set in landscaped grounds and has car parking
for approximately 120 vehicles.
Tenure
Freehold.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
Location map
9[RX[
b
*_N
8UM1J[UX`
P;XJM
<QNN[RW
,Q^[LQPJ]N1X]NU
+!
Jb
0RUMNW@
*
MN
W
@
Jb
M
8UM;XJ
N
\*_
XQW
*
5XWMXW;XJM
Trading information will be provided to interested parties on completion of
a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £2,297,000.
M
;XJ
+^[b
6^UKN[[b0[NNW
9J[T1RUU
b
@J
NW
0RUM
<]3
Given the location of the property, the business has significant potential for
further development. Revenue streams come from a wide variety of corporate
and leisure sources, including the very high proportion of local pharmaceuticalfocused organisations, which are situated in and around Harlow.
Trading information
+!
JM
0RU
*
<]J]RXW;XJM
The business
X[;X
<QNN
[RWP;
XJM
6JW
,Q^[LQPJ]N
<][NN]
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
Tim Gooding
Christie + Co, Wolsey House, 16-18 Princes Street, Ipswich, IP1 1QT
T: 01473 256588
F: 01473 230071
E: [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 14/46520
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Swallow Hotel, Preston
Public areas
• Reception
• Horatio’s Restaurant (120)
• Lounge bar (100)
Swallow Hotel
Preston New Road, Preston PR5 0UL
• 78 en suite bedrooms
• Prominent main road location
• Health and leisure club with swimming pool
• Car park (200)
• Very extensive site extending to approximately 49 acres
• Nelson Function Bar (250)
Ancillary areas
• Fully fitted catering kitchen
• Walk-in fridge and freezer
• Basement
• Cellar
• Washing up area
• Laundry room
• Eight meeting/conference rooms, accommodating a
maximum of 250 delegates
Meeting/conference facilities
Offers invited — Freehold
Britannia Room (70)
Situation
Pendle Room (50)
Situated on the outskirts of Preston, the hotel is located on the busy A59 and
within easy reach of junction 31 of the M6 motorway. Preston was awarded
city status in 2002, making it England’s newest city. The city is located in the
centre of Lancashire’s business and transport network and it is growing both
physically and in terms of profile. From a traditional manufacturing background
in textiles and engineering, Preston’s employment structure has diversified to
establish a strong economic and retail base. The city is located approximately
30 miles northwest of Manchester city centre.
The property
The purpose-built hotel comprises 78 bedrooms and is arranged over two
floors. The numerous facilities include conference and function suites and a
leisure club with swimming pool.
Nelson Suite (175)
Bowland Room (40)
Victory Room (30)
Portsmouth Room (36)
Hardy Room (10)
Collingwood Room (10)
Letting accommodation
The bedroom accommodation is arranged over the ground and
first floors and is served by a passenger lift to all floors. In total
the hotel comprises 78 en suite bedrooms, which are arranged as
follows:
• 47 standard double bedrooms
• 25 standard twin bedrooms
• 6 standard single bedrooms
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
Leisure facilities
The hotel’s leisure facilities are located on the ground floor and include a
swimming pool, spa, steam room/sauna, gym and changing facilities.
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
External areas
Location map
The hotel is situated in a prominent A-road location. Occupying a site of
approximately 49 acres, the property has extensive car parking facilities for
approximately 200 vehicles. The site includes 40 acres of pasture land to the
rear of the hotel.
The business
*"
Located on the outskirts of Preston’s city centre, in the heart of Lancashire, the
hotel is within close proximity of the Lake District. Large companies, including
United Utilities and BAE Systems, are situated in close proximity to the hotel.
Tenure
Freehold.
Third party occupiers
The extensive site includes 44 acres of agricultural land, which is subject to a
third party agreement. Christie + Co is advised that the annual rent received is
in the order of £1,000.
<`JUUX`1X]NU
*"
*"
6
*
9[N\]XW
Trading information
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £1,285,000.
6
*
*LL[RWP]XW
+UJLTK^[W
*
*!
6
6
6
*
,UJb]XWUN`XXM\
No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
Martin Davis or Gavin Wright
Christie + Co, Acresfield, St Ann’s Square, Manchester M2 7HA
T: 0161 833 3311
F: 0161 835 2949
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 56/46325
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com
Swallow Hotel, Stockton-on-Tees
Public areas
• Main reception
• Portcullis Restaurant (80)
• Cocktail bar (60)
Swallow Hotel
• 8 conference and banqueting rooms, which include the
Four Seasons Suite (accommodating a maximum of 300)
• Leisure club with a swimming pool, spa bath and gymnasium
John Walker Square, Stockton-on-Tees TS18 1AQ
• Unused ‘Ashes’ bar
• 125 en suite bedrooms
Ancillary areas
• Prominent town centre location
• Main kitchen
• Situated adjacent to Castlegate Shopping Centre
• Staff lift and stairs
• Bar and restaurant (80)
• Various offices, stores and housekeeping facilities in the basement area
• Conference and function facilities, accommodating
a maximum of 300 delegates
Letting accommodation
• Leisure club with swimming pool
Offers invited — Long leasehold
The bedroom accommodation is arranged over the five upper floors
and is served by two passenger lifts. In total the hotel comprises 125
en suite bedrooms, which are arranged as follows:
• 73 standard double bedrooms
Situation
• 48 standard twin bedrooms
The hotel is located adjacent to the Castlegate Shopping Centre, which was
developed in 1972 as the town’s only major covered shopping centre. Attracting
approximately 12 million visitors a year, Castlegate is situated in the heart of
Stockton’s main retail and leisure district. The Tees Valley is currently subject
to a number of major regeneration projects, which are transforming the region.
For further details, visit www.teesvalleyregeneration.co.uk.
• 4 suites
The property
The 125-bedroom purpose-built property is adjacent to a large multi-storey
car park, which provides direct access to the hotel (at level 6). There is a
main ground floor reception from the High Street and lifts to all floors.
The conference and banqueting suites are at first floor level and the
leisure facilities are at ground floor/basement level.
Leisure facilities
The hotel has health and leisure facilities including a swimming pool,
spa bath and gymnasium in the basement area, with separate access
from the car park.
Fire risk assessment
In accordance with the Regulatory Reform (Fire and Safety) Order 2005,
Christie + Co has assumed that an adequate Fire Risk Assessment has been
carried out, where more than five people are employed within the business.
Licences
The hotel benefits from all the necessary licences for the conduct of
the business.
Branding
The business
The hotel enjoys a dominant trading position and is extremely well known
in the area. As the principal function venue in the local vicinity, the function
business contributes to the weekend trade. During the week the hotel benefits
from commercially-driven business.
The property is currently operated under management by Crerar Hotels
under the Swallow Hotels brand. All associated brands and branded fixtures
and fittings will be excluded from the sale. The hotel is to be sold free of the
current management and branding.
Location map
+ Trading information
-^
Trading information will be provided to interested parties upon completion
of a signed confidentiality agreement. However, Christie + Co is advised by
the client that net sales for the financial year ending 31 March 2008 were
approximately £1,789,000.
*
/UNN
]K[R
M
XJ
;
JV
[Q
*"
MPN
;X
JM
<]XLT]XWXW=NN\
Tenure
<`JUUX`1X]NU
The hotel is held long leasehold for a term of 125 years from 1 January 1974
and is subject to stepped annual rent increases. Christie + Co is advised that,
as of 29 November 2008, the passing rent will be £214,100.
RMN
N[\
;R_
*
*
;XJ
M
*
*
XJM
=QX[WJKb;
BJ[V
*
*"
*
*
* No direct approach may be made to the business.
For an appointment to view the hotel, please contact:
David Lee or Steve Rodell
Christie + Co Shakespeare House, 18 Shakespeare Street, Newcastle upon Tyne NE1 6AQ
T: 0191 222 1740
F: 0191 222 1749
E: [email protected] or [email protected]
Or for group/sub group enquiries:
Jeremy Jones or Sebastian Meredith
Christie + Co 39 Victoria Street, London SW1H OEU
T:020 7227 0700
F: 020 7227 0750
E: [email protected] or [email protected]
Conditions of Christie + Co’s particulars. These sales particulars are prepared as a general guide to the property/properties (which expression includes business and trade content, if
any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you
are not sure that you fit this description, you should take relevant independent advice before proceeding further. Christie + Co for itself and for the vendors, owners or landlords of
the property (together the “Client”) whose agent Christie + Co is, give notice that: (a) These particulars are made without responsibility on the part of Christie + Co or the Client;
they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be
relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description
therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie + Co nor any of its employees has
any authority to make or give, any representation or warranty whatever in relation to the property; (c) Christie + Co has not carried out a detailed survey, nor tested the services,
appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration
information provided to an acquirer are provided on behalf of the Client by Christie + Co, and Christie + Co cannot therefore offer any guarantee of their completeness or accuracy,
and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed
to be correct at the date of publication but their accuracy is not guaranteed. Subject to Contract. Copyright Reserved Christie + Co. October 2008.
Ref: 64/4979
AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY
www.christie.com