Leading property consultancy Lambert Smith Hampton (LSH) have completed the sale of Bredbury Hall Hotel & Country Club located in Stockport on the instructions of Anthony Collier and Ben Woolrych, the Joint Administrators of Newco Ventures Limited.
LSH in association with FRP Advisory Trading Limited are delighted to have acted in the sale of the unique and unbranded Bredbury Hall Hotel & Country Club to Vine Hotels, an independent multiple hotel group who operate 10 hotels across the UK.
The 149-bedroom independent hotel was closed for trading throughout the sales process due to the Covid-19 pandemic was sold off a guide asking price of offers in the region of £5,250,000 for the freehold interest in the property. Following a full open marketing campaign conducted by LSH, the property generated significant interest from a number of suitors which resulted in numerous offers being made.
As well as boasting 149 bedrooms, the property also features extensive conferencing and banqueting facilities with capacities ranging from 6 to 200, a lounge, bar and brasserie with approximately 60 covers and a recently refurbished restaurant with approximately 200 covers. Furthermore, the property boasts an impressive 16th Century Barn, formerly traded as a renowned regional nightclub with a capacity for 900 guests which presents an opportunity to be re-purposed either as a wedding venue or spa and leisure facility.
Situated in Bredbury, Stockport, the hotel is well positioned to take full advantage of the business opportunities provided from the Stockport and Greater Manchester vicinities. Located just two miles from Stockport Town Centre, twelve miles from Manchester City Centre and ten miles from Manchester Airport, the property boasts excellent transport links with Junctions 25 and 27 of the M60 motorway just a short drive away.
Martin Davis, Director – Hotels & Leisure at Lambert Smith Hampton said:
“We are delighted to have completed the sale of Bredbury Hall Hotel & Country Club following significant interest for this excellent investment opportunity. We firmly believe that this opportunity offers so much potential to the new incoming owners, Vine Hotels”.
“The hotel offers a number of potential opportunities, none more so than the re-purposing of the 16th Century barn which could be utilised as either a wedding venue or spa and leisure facility as government restrictions continue to ease over the coming weeks and months”.
Peter Broadbent, Senior Manager, Restructuring Advisory at FRP Advisory added:
“We are delighted to have completed the sale of Bredbury Hall Hotel and Country Club, a well renowned venue in the North West. A strong level of interest was received over the course of the marketing process which reflects both the Hotel’s inherent popularity and the potential for a prospective purchaser”.
For further information, please contact Martin Davis.
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