9 UK Hotels Available Either Individually Or As a Group

Ref: J825 Ref:

E: [email protected] E: [email protected] E: [email protected] E: E: [email protected] E: [email protected] E:

656000 01622 T: 256588 01473 T: 3100 8370 020 T: 844455 01962 T: 1740 222 0191 T:

Maidstone Ipswich Enfield Winchester Newcastle

E: [email protected] E: [email protected] E: edinburgh@christie.com E: E: [email protected] E: [email protected] E:

T: 020 7227 0700 7227 020 T: 7300 352 0141 T: 6666 557 0131 T: 3100 948 0115 T: 300950 01908 T:

London Corporate London Glasgow Edinburgh Nottingham Keynes Milton

E: [email protected] E: [email protected] E: [email protected] E: E: [email protected] E:

T: 020 7638 7777 7638 020 T: 285600 01392 T: 8500 946 0117 T: 3311 833 0161 T:

London Exeter Bristol Manchester

E: [email protected] E: [email protected] E: [email protected] E:

2700 389 0113 T: 731330 01372 T: 1222 456 0121 T:

Leeds Epsom Birmingham

OFFICES ACROSS EUROPE ACROSS OFFICES

www.christie.com

[email protected] or [email protected] E:

0750 7227 020 F:

0700 7227 020 T:

OEU SW1H London Street, Victoria 39 Co + Christie

Meredith Sebastian or Jones Jeremy

For group/sub group enquiries please contact: please enquiries group group/sub For

brochure. relevant the in detailed as representative local the contact please enquiries individual For

9 UK hotels available either individually or as a group

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com 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

Ref: J825 Ref:

E: [email protected] E: [email protected] E: [email protected] E: E: [email protected] E: [email protected] E:

T: 01622 656000 656000 01622 T: 256588 01473 T: 3100 8370 020 T: T: 01962 844455 844455 01962 T: 1740 222 0191 T:

Maidstone Ipswich Enfield Winchester Newcastle

E: [email protected] E: [email protected] E: [email protected] E: E: [email protected] E: [email protected] E:

T: 020 7227 0700 7227 020 T: 7300 352 0141 T: 6666 557 0131 T: T: 0115 948 3100 3100 948 0115 T: 300950 01908 T:

London Corporate London Glasgow Edinburgh Nottingham Keynes Milton

E: [email protected] E: [email protected] E: [email protected] E: E: [email protected] E:

T: 020 7638 7777 7638 020 T: 285600 01392 T: 8500 946 0117 T: T: 0161 833 3311 3311 833 0161 T:

London Exeter Bristol Manchester

E: [email protected] E: [email protected] E: [email protected] E:

T: 0113 389 2700 2700 389 0113 T: 731330 01372 T: 1222 456 0121 T:

Leeds Epsom Birmingham

OFFICES ACROSS EUROPE ACROSS OFFICES

www.christie.com

[email protected] or [email protected] E:

020 7227 0750 0750 7227 020 F:

020 7227 0700 0700 7227 020 T:

Christie + Co 39 Victoria Street, London SW1H OEU OEU SW1H London Street, Victoria 39 Co + Christie

Jeremy Jones or Sebastian Meredith Meredith Sebastian or Jones Jeremy

For group/sub group enquiries please contact: please enquiries group group/sub For For individual enquiries please contact the local representative as detailed in the relevant brochure. brochure. relevant the in detailed as representative local the contact please enquiries individual For

9 UK hotels available either individually or as a group

Full details will be available very soon, please do check this PDF again or contact Christie + Co for further information (contact details below).

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com Swallow Hotel, Carlisle Public areas • Reception • Fairfield Lounge (120) • Langsdale Restaurant (120) Meeting/conference facilities • Malvern Room (300) Swallow Hotel • Cotswold Room (200) London Road, Carlisle CA1 2NS • 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 • Boardroom (12) a maximum of 300 delegates Ancillary areas • Located approximately 1 mile from Carlisle city centre • Fully fitted kitchen Offers invited — Freehold • Washing up area Situation • Walk-in fridge and freezer • Laundry area The hotel is situated approximately 1 mile south of Carlisle city centre, which has a total population of approximately 70,000 people • Twelve staff bedrooms and management (2001 Census). Carlisle is an ancient city and has a historic centre offices, which are located on the first floor with several tourist attractions such as the castle, cathedral, museum and city wall. Letting accommodation Carlisle is easily accessed via junction 42 and 43 of the M6 motorway The bedroom accommodation is arranged over three floors and is and is located approximately 18 miles northeast of Penrith, 50 miles served by a passenger lift in the main house, which provides access southwest of Newcastle upon Tyne and 25 miles northeast of Keswick, to the first and second floors. The hotel comprises 92 en suite in the Lake District. bedrooms, which are arranged as follows: The property • 46 standard double bedrooms • 42 standard twin bedrooms This purpose-built hotel comprises 92 bedrooms and is arranged over three floors, with extensive conference, function, banqueting and • 2 family bedrooms leisure facilities. • 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 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 Leisure facilities current management and branding. The hotel has extensive health and leisure facilities, which are located on the ground floor. These facilities include two solariums, gym, swimming pool, Location map steam room, sauna and changing facilities. External areas * The hotel occupies a site area of approximately 3.8 acres and provides car <]JW`Ra parking for approximately 300 vehicles. The business ,J[UR\UN Carlisle is the northernmost city in England and an important administrative @J[`RLT ;XJM 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. * <`JUUX` 1X]NU Trading information @RP]XW ;XJM Trading information will be provided to interested parties upon completion 6

-JU\]XW ;XJM of a signed confidentiality agreement. However, Christie + Co is advised by 5XWMXW ;XJM the client that net sales for the financial year ending 31 March 2008 were approximately £1,448,000. 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) • Browns Restaurant (100) Three Tuns Hotel • 7 function rooms, including the Elvet Suite, New Elvet, Durham DH1 3AQ which accommodates a maximum of 350 people

• 50 en suite letting bedrooms Letting accommodation • 16th Century coaching inn The bedroom accommodation is arranged over three floors. In total the hotel comprises 50 en suite bedrooms, which are arranged as • Restaurant and bar 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 Situation External areas Approximately 40 car parking spaces. 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 The business generator for the hotel, as are Durham’s castle, cathedral, Gala Theatre and The hotel benefits from predominantly business-related trade during botanical gardens, which all attract tourist business and are within walking the week, with additional leisure-based custom at weekends. distance of the property. Trading information 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 Trading information will be provided to interested parties upon 3 hours away. The A1(M), just to the east of the city, provides links with the completion of a signed confidentiality agreement. However, major conurbations of Teeside, Wearside and Tyneside. Newcastle Airport lies to Christie + Co is advised by the client that net sales for the financial the north and Durham Tees Valley Airport to the south, both of which are about year ending 31 March 2008 were approximately £1,503,000. 25 miles away. Tenure The property Freehold. 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. 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 ,J[[_RUUN 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. * " Fire risk assessment In accordance with the Regulatory Reform (Fire and Safety) Order 2005, -^[QJV WR_N[\R]b XO 1X]NU Licences -^[QJV *6 *! + The hotel benefits from all the necessary licences for the conduct of the business. *

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* 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]

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 • Ravensworth Suite (300) Swallow Hotel • Bewick Suite (100) High West Street, Gateshead NE8 1PE • 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 Letting accommodation Offers invited — Long leasehold The bedroom accommodation is arranged over six upper floors and has lift access. In total the hotel comprises 103 en suite bedrooms, Situation which are arranged as follows: The hotel is a prominent landmark building in the centre of Gateshead, • 72 double bedrooms approximately one mile from Newcastle’s Quayside. It is well placed to take advantage of the Gateshead regeneration programme, which has already • 24 single bedrooms transformed much of the area and continues to progress. Local attractions • 3 standard triple bedrooms include The Sage, Baltic Centre for Contemporary Art, MetroCentre, Gateshead Athletics Stadium, The Angel of the North and Newcastle city centre, which is • 4 suites one stop away on the Metro. Leisure facilities The property The hotel has health and leisure facilities, which are located on the ground floor and include a swimming pool, spa bath The hotel is a purpose-built seven-storey property, which dominates the and gymnasium. locality. There is an extensive car park and four self-contained retail units fronting Bewick Road. 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 ﬁ ve people are employed within the business. Licences The hotel beneﬁ ts 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 fi xtures and fi ttings will be excluded from the sale. The hotel is to be sold free of the current management and branding. *" ,XJ\] ;XJM Location map *! *!! *! * The business *! 7N`LJ\]UN The hotel currently trades in the economy to mid-market sector and benefi ts *!" *" from a good amount of corporate and repeat business. There is substantial @N\] ;XJM ^YXW =bWN potential to further utilise the hotel’s restaurant and conference & @JUTN[ ;XJM banqueting facilities.

Trading information

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 fi t 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 specifi c fi ttings; (d) Dimensions (where given) are approximate and should be verifi ed by an acquirer; and (e) Any accounts or fi nancial 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) • Albany Conference Suite (220), which can be subdivided into the Iona, Harris and Mull rooms Swallow Hotel • Boardroom (24) 517 Paisley Road West, Glasgow G51 1RW • 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 Letting accommodation • Health and leisure club with swimming pool The bedroom accommodation is arranged over three floors. In total the hotel comprises 116 en suite bedrooms, which Offers invited — Freehold are arranged as follows: Situation • 99 standard double bedrooms • 9 triple bedrooms 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 • 1 suite Scotland, Scottish Television and the Scottish Exhibition and Conference Centre (SECC). The major shopping centres at Braehead and Silverburn are also nearby. • 7 single bedrooms

The hotel benefits from excellent road transport links. It is situated on Paisley Leisure facilities Road West, a short distance from junction 23 of the M8, which provides direct The hotel has a leisure club, which is also open to non-residents, links to Glasgow Airport and the city centre — which is just minutes away. with a swimming pool, gymnasium, spa baths and changing rooms. The property External areas The 116-bedroom hotel was purpose-built in 1978. The accommodation is The hotel occupies a prominent site on Paisley Road West, with arranged across three floors in two connected buildings. The hotel also offers the M8 motorway to the rear of the hotel. Occupying a site of versatile conference, function and banqueting facilities — the largest of which approximately two acres, the hotel has 150 car parking spaces. accommodates 220 delegates. 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.

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The business <`JUUX` 1X]NU * The hotel is well placed to develop0UJ\PX` trade from a wide variety of business and leisure sources. The Ibrox Stadium provides an excellent source of business for + ! 6 the hotel, which benefits from substantial match-day income. 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. 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]

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com Belstead Brook Hotel, Ipswich Public areas • Reception area • Manor Restaurant (80) • Garden Bar (40) • Lounge (30) Belstead Brook Hotel • Willow Suite (180) Belstead Road, Ipswich IP2 9HB • Orwell Suite (40) • Cornhill Suite (40) • 88 en suite letting bedrooms • Brook Suite (25) • Restaurant (80), bar (40) and lounge (30) • Rotunda (25) • Extensive conference and function facilities • 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 Letting accommodation Offers invited — Freehold In total the hotel comprises 88 en suite letting bedrooms, which are arranged as follows: Situation • 50 twin/double bedrooms The hotel is located a short drive from Ipswich town centre and close to the • 18 executive bedrooms A12/A14 trunk road interchange. Stansted Airport is easily accessible and rail links, from Ipswich to London Liverpool Street, are excellent. • 16 single bedrooms

The county town of Ipswich has seen very significant development over • 2 family bedrooms the last few years, including a new university, marina and extensive • 2 suites residential developments. Leisure facilities The property The hotel has a leisure club with an indoor swimming pool, Partly dating from the 16th Century, the Belstead Brook Hotel has been spa, sauna and gymnasium. There are also beauty treatment extensively developed to provide additional bedroom, conference and leisure rooms and a solarium. 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. 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 Branding 7X[`RLQ ;XJM

The property is currently operated* under management by Crerar Hotels under the Swallow Hotels brand. All associated brands and branded fixtures ?JUUNb ;XJM and fittings will be excluded from the sale. The hotel is to be sold free of the * current management and branding.

Location map *

* 2Y\`RLQ * @N\] .WM ;XJM The business /NURa\]X`N ;XJM The hotel is well placed to develop trade from a wide variety of business and ,QJW][b 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. +NU\]NJM +[XXT 1X]NU Trading information ,XYMXLT Trading information will be provided to interested parties on completion of +NU\]NJM * a signed confidentiality agreement. However, Christie + Co is advised by 8[`NUU +[RMPN the client that net sales for the financial year ending 31 March 2008 were approximately £2,339,000. *

K 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]

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) • 7 meeting rooms, including the Rothbury Suite, Imperial Hotel 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 • Leisure club with swimming pool accessible by a lift. In total the hotel comprises 122 en suite bedrooms, which are arranged as follows: • Bar restaurant and function rooms • 69 standard double/twin bedrooms * Offers invited — Freehold • 49 single bedrooms Situation • 3 standard triple bedrooms • 1 suite 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. Leisure facilities Newcastle Airport is approximately 20 minutes away by car. Newcastle is The hotel has health and leisure facilities, which are located well connected by railway via the East Coast Main Line. on the ground floor and include a swimming pool, spa bath and gymnasium. The property The hotel occupies a site of over an acre. A large proportion of the hotel was External areas purpose-built — providing 53 bedrooms and a car park. The leisure club, public The external areas comprise a two-storey 120 space car park, areas and remaining letting bedrooms are located in the older part of the hotel. ancillary storage and a small yard at the rear of the property. * 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 The business asset will be sold with the benefit of the refurbishment, which is scheduledfor Since the fire, the hotel has traded with 53 bedrooms on a bed and completion in February 2009. 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.

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9J[T ;XJM Tenure 0J]N\QNJM -^[QJV ;XJM * Freehold. *! *! * Third party occupiers 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]

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) • Essex Room (70) Churchgate Hotel • Kent Room (40) Churchgate Street Village, Old Harlow CM17 0JT • Hampshire Room (12) • Norfolk Room (10) • 85 en suite letting bedrooms • Cambridge Room (10) • Bar and restaurant (80) • Small boardroom (4) • Extensive function and conference facilities • 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. • 23 twin bedrooms Dating from 1651, the hotel retains much of its original charm although the • 22 single bedrooms property has been substantially improved and extended over the years. • 9 suites The hotel benefits from excellent road transport links and from the area’s strong commercial activity. Old Harlow is located directly off the M11 • 1 four-poster bedroom at junction 7, close to the interchange with the M25. Leisure facilities The property The hotel has a leisure club including a swimming pool, spa, Constructed around a substantial 17th Century house, the property has been sauna and gymnasium. There are also beauty treatment rooms extended and developed to provide additional bedroom, conference and leisure and a solarium. facilities. The hotel has adequate surface car parking. External areas Public areas The property is set in landscaped grounds and has car parking • Reception area for approximately 120 vehicles. • The Chantry Bar • The Manor Restaurant (80) 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.

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0RUMNW @Jb 9J[T 1RUU 5XWMXW ;XJM Trading information ,Q^[LQPJ]N 1X]NU * ,Q^[LQPJ]N Trading information will be provided to interested parties on completion of +! <][NN] a signed confidentiality agreement. However, Christie + Co is advised by 0RUMNW @Jb the client that net sales for the financial year ending 31 March 2008 were approximately £2,297,000.

* 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]

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com Swallow Hotel, Preston Public areas • Reception • Horatio’s Restaurant (120) • Lounge bar (100) • Nelson Function Bar (250) Swallow Hotel Ancillary areas Preston New Road, Preston PR5 0UL • Fully fitted catering kitchen • Walk-in fridge and freezer • 78 en suite bedrooms • Basement • Prominent main road location • Cellar • Health and leisure club with swimming pool • Washing up area • Car park (200) • Laundry room • Very extensive site extending to approximately 49 acres • Eight meeting/conference rooms, accommodating a Meeting/conference facilities maximum of 250 delegates Nelson Suite (175) Offers invited — Freehold Britannia Room (70) Situation Pendle Room (50) Bowland Room (40) 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 Victory Room (30) city status in 2002, making it England’s newest city. The city is located in the Portsmouth Room (36) centre of Lancashire’s business and transport network and it is growing both physically and in terms of profile. From a traditional manufacturing background Hardy Room (10) in textiles and engineering, Preston’s employment structure has diversified to Collingwood Room (10) establish a strong economic and retail base. The city is located approximately 30 miles northwest of Manchester city centre. Letting accommodation The property The bedroom accommodation is arranged over the ground and first floors and is served by a passenger lift to all floors. In total The purpose-built hotel comprises 78 bedrooms and is arranged over two the hotel comprises 78 en suite bedrooms, which are arranged as floors. The numerous facilities include conference and function suites and a follows: leisure club with swimming pool. • 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 property is currently operated under management by Crerar Hotels under the Swallow Hotels brand. All associated brands and branded fixtures The hotel’s leisure facilities are located on the ground floor and include a and fittings will be excluded from the sale. The hotel is to be sold free of the swimming pool, spa, steam room/sauna, gym and changing facilities. 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 6 * <`JUUX` 1X]NU 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 *" 6 United Utilities and BAE Systems, are situated in close proximity to the hotel. * 9[N\]XW *LL[RWP]XW +UJLTK^[W Trading information * Trading information will be provided to interested parties upon completion *! of a signed confidentiality agreement. However, Christie + Co is advised by 6 the client that net sales for the financial year ending 31 March 2008 were 6 approximately £1,285,000. 6 * Tenure ,UJb]XWUN`XXM\ 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. 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]

AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com Swallow Hotel, Stockton-on-Tees Public areas • Main reception • Portcullis Restaurant (80) • Cocktail bar (60) • 8 conference and banqueting rooms, which include the Four Seasons Suite (accommodating a maximum of 300) Swallow Hotel • 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 Letting accommodation a maximum of 300 delegates The bedroom accommodation is arranged over the five upper floors • Leisure club with swimming pool and is served by two passenger lifts. In total the hotel comprises 125 en suite bedrooms, which are arranged as follows: Offers invited — Long leasehold • 73 standard double bedrooms Situation • 48 standard twin bedrooms The hotel is located adjacent to the Castlegate Shopping Centre, which was • 4 suites 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 Leisure facilities 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. The hotel has health and leisure facilities including a swimming pool, For further details, visit www.teesvalleyregeneration.co.uk. spa bath and gymnasium in the basement area, with separate access from the car park. 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. 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 The business and fittings will be excluded from the sale. The hotel is to be sold free of the The hotel enjoys a dominant trading position and is extremely well known current management and branding. 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 Location map from commercially-driven business.

Trading information + * Trading information will be provided to interested parties upon completion -^[QJV ;XJM of a signed confidentiality agreement. However, Christie + Co is advised by *" /UNN]K[RMPN ;XJM the client that net sales for the financial year ending 31 March 2008 were approximately £1,789,000. <]XLT]XWXW=NN\ Tenure The hotel is held long leasehold for a term of 125 years from 1 January 1974 <`JUUX` 1X]NU ;R_N[\RMN 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. * * * *

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AGENCY | VALUATION SERVICES | INVESTMENT | CONSULTANCY www.christie.com