Location: Overlooking the River Thames, Richmond, Surrey
Name: Hobart Hall Hotel
No. of Keys: Was 33, Scope for More
The Property: The building is in need of major repairs (which is a good thing) and has been empty for a number of years. In planning the re-structure, which will need new planning consent, there may well be scope for adding new rooms. The hotel sits on a river-front 0.62 acre site. The building comprises a GIA of around 16,216 sq. ft. (1,507 sq. mtrs.)
The Hotel will be sold by way of an asset sale of the freehold property.
Main Photo: Hobart Hall
Brand/Management: Totally Flag and Management Free
Tenure: Freehold…There is an Overage Provision on the property until 30 March 2031
with the Trigger Event being planning permission for the change of use from hotel to any C3 residential use.
Current Owner: A private hotel company
Guide Price: £7.5m
Date Posted: August 2019
Agent: The Hotel Property Team
THPT Comment: One couldn’t get a better location, Richmond-on-Thames, with the Thames running to the rear of the hotel. Not one for the faint-hearted in terms of the Grade II listed building needing complete refurb verging on rebuild.
Contact us for further information
This is a new feature on the THPT site…. 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 fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.