Final bids called for Surrey hotel
Property News - Final bids called for Surrey hotel
Global Property Advisors Colliers International is seeking best and final offers in the region of £2 million, for the freehold interest, of the Farnham House Hotel in Surrey, with a deadline of 30th January 2015.
Set in 4 acres of secluded grounds, the hotel comprises 24 en suite letting bedrooms (including two suites), two conference and banqueting rooms, a restaurant and bar. The sale also includes a five bedroom staff house located within the grounds.
Paul Barrasford, Director of Hotels Agency, Colliers International, said “The business continues to trade well and the hotel is to be sold on a fully open and trading basis. This stunning property is a long established and popular wedding venue with an excellent team of staff. The trading performance remains very strong as it has done for many years. There is also clear scope for a new owner to further capitalise on the hotel’s significant trading potential.”
Farnham House is one the last remaining units to be sold from the Hollybourne Hotels portfolio. The call for final bids on Farnham House Hotel follows the recent sale of three other hotels in the portfolio with a fourth currently under offer.