Mercure Bush Hotel The Borough, Farnham GU9 7NN

Historic, boutique hotel located in affluent Farnham on the outskirts of the Hills. 94 en-suite bedrooms, spacious restaurant, bar and self-contained conference centre 2 Dedicated, Grade II listed, self-contained 3-star hotel conference located in the centre, affluent market accommodating town of Farnham up to 140 delegates

Spacious restaurant On-site parking and cosy bar for up to 55 cars overlooking the private gardens

Situated in the picturesque 94 traditional, Surrey Hills, en-suite an Area of bedrooms Outstanding Natural Beauty

3 Farnham Golf lub

ST A ST S Farnham astle A T L Mercure Farnham H LL Bush Hotel

R Mercure Farnham A A Lion and Lamb Yard Bush Hotel A M O S L U Shopping Centre T O L L O G F High Street S T 37 A - H S G S ion and amb ard U A Uniersity for the O S - Shopping entre R O reatie rts, Farnham O U B B T H H M T S A T H N R A F T S T G T S N S N St Andrew’s Church Farnham Station O St ndres hurch F R G

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T H Farnham L

F L O L R R Not to scale. For indicative purposes only.

LOCATION

The Hotel is situated on the outskirts of the Surrey Hills, in the Farnham Golf Club is 2.6 miles east of the Hotel. Other nearby Farnham is becoming increasingly popular as a commuter town affluent market town of Farnham. leisure attractions include Farnham Bird World at 3.0 miles away situated only 42 miles south west of Central London. Nearby from the Hotel, and the activity company Go Ape in Alice Holt towns include (11 miles), Basingstoke (16 miles) and Surrey Hills is a designated Area of Outstanding Natural Beauty Forest, 4.3 miles away. Reading (23 miles). There are also several highly regarded and attracts visitors worldwide for its remarkable scenery. The schools in the surrounding area. Hotel boasts excellent high street frontage in the centre of Farnborough Business Park is a mixed-use business Farnham amongst the town’s independent retailers along its environment located 6.0 miles north of the Hotel. Home to Situated in central Farnham, the Hotel benefits from excellent charming, cobbled and car-free lanes. both national and international companies it is a significant motorway access, being 9.5 miles away from the M3 motorway, draw for Farnham’s business activity. Nearby companies and as well as profiting from good links to the A31, A3 and M25. Farnham Castle, founded in 1138 and set within extensive business centres also include BAE Systems (5.6 miles), Royal Farnham Railway Station is located 0.3 miles away and offers gardens, is 0.4 miles from the Mercure Farnham Bush Hotel. Bank of Scotland (6.5miles), ESPA (0.9miles) and Nokia (8.7 regular train services to London Waterloo with a journey time Similarly Waverly Abbey is another opportunity to see local miles). Farnborough Airport, 5.3 miles from the Hotel, is also of 58 minutes. Farnham is well-situated for air travel, close to history close to the Hotel, just 2.5 miles away. used extensively for crew training, in addition to the popular major London Airports such as London Heathrow Airport (32 Farnborough Airshow. miles) and London Gatwick Airport (44 miles).

4 PROPERTY SUMMARY

Originally a 17th century coaching inn, the Grade II listed Mercure Farnham Bush Hotel retains its period feel through being a traditional, ivy-covered red brick mansion boasting landscaped gardens. The Hotel boasts stunning historic features with original wood beams throughout, a cobbled courtyard, fountain and illustrative paintings; yet the dedicated events space allows for a more contemporary feel in certain parts of the Hotel.

The Mercure Farnham Bush Hotel provides a charming destination for business or pleasure, whether it be weddings, events, corporate meetings or tourism.

ACCOMMODATION

The Hotel provides 94 traditional, en-suite bedrooms offering WiFi, flat screen TV, and tea and coffee making facilities. A range of accommodation options are offered including four-poster rooms, interconnecting rooms and rooms with enhanced accessibility.

Schedule of bedrooms

Bedroom Type Number Single Room 2 Classic Room 67 Family Room 7 Executive Room 18 Total 94

The Executive Rooms are more spacious than the Classic Rooms, offering a further upgrade to guests by providing a King-size bed, mini bar, a bathrobe and slippers, as well as enhanced complementary toiletries.

5 FOOD & BEVERAGE MEETINGS & EVENTS

The Garden Room restaurant overlooks the Hotel gardens, serving modern The Hotel provides six meeting and events rooms for up to 140 guests. These rooms are situated within a self- European cuisine in elegant surroundings for up to 60 covers. Its floor to ceiling contained leased conference centre, arranged over three floors. The conference centre is held on a 20 year lease windows provide a spacious setting, abundant with natural daylight. The 18th from January 23rd 2003. century Oak Lounge provides a more intimate setting to enjoy afternoon tea and a relaxed dining option, for up to 20 covers. Schedule of meetings rooms

Profiting from the traditional setting of the Hotel, the Coachman’s Bar maintains the Room Theatre U-shape Boardroom Banquet Area (m2) period feel and provides a cosy atmosphere. Whether for a wholesome lunch in front Bramley Room 140 50 45 90 125 of the open fire in the winter, or for a refreshing drink overlooking the gardens in the Dunsfield Room 0 0 10 0 26 summer, guests will find it easy to unwind. The Coachman’s Bar serves up to 16 covers. Room 40 23 22 30 49 Hambledon Room 20 15 16 0 36 CAR PARKING Room 70 35 35 60 95 Room 0 0 12 0 35

There is on-site car parking for up to 55 cars. All of the meeting rooms have ample natural light, high ceilings, air-conditioning and WiFi. Private dining is also available in the meeting rooms, with guests further profiting from the stunning surrounds of the Hotel’s private gardens.

6 ACCORHOTELS & MERCURE HOTELS

AccorHotels is widely recognised as one of the world’s leading hotel operators. With over 48 years in the hospitality industry, the French listed company is currently present in 92 countries worldwide, with 3,942 hotels and 524,955 bedrooms. In June 2016, the Group’s pipeline extended to over 173,696 rooms. AccorHotels reported revenues of €5,581 million in 2015.

AccorHotels’ Mercure Hotels brand is the second largest midscale hotel brand in the world, with approximately 738 hotels, representing a total of c.93,992 hotel rooms, currently operational across 56 countries worldwide. Within Europe, there are approximately 541 Mercure hotels currently operating, of which 80 are in the UK. Mercure Hotels provides a strong quality commitment, international network and central locations which welcome corporate and leisure guests alike.

In addition to Mercure Hotels, AccorHotels offers 22 successful brands across the globe. Over the years, these brands have become prevalent in their individual target markets; from Raffles, Fairmont and Sofitel in the luxury tier, to Ibis and hotelF1 in the budget sector; Adagio providing an exceptional serviced apartment offering, to the forthcoming Jo&Joe hostel brand; AccorHotels provides a full complement of brand to accommodate all hotel guests.

The Hotel is available with the benefit of the existing management agreement with AccorHotels under the Mercure Hotels brand. There is opportunity to convert to a franchise agreement on 12 months’ notice (without further termination fees).

7 TENURE ADDITIONAL INCOME VIEWINGS

The Hotel is freehold and the conference centre leasehold. The Hotel benefits from the additional revenue of four shops All enquiries and appointments are to be made strictly through and one residential flat. sole selling agents Savills.

INVENTORY & STOCK Martin Rogers Rob Stapleton STAFF ACCOMMODATION 0207 409 8039 0207 409 8029 Fixtures, fittings and equipment are included in the sale with 07972 000 267 07972 000 230 general stock at valuation on completion. There is allocated staff accommodation comprising five [email protected] [email protected] bedrooms. Oliver Armitstead Georgie Liggins SERVICES 0207 409 9919 0207 877 4655 TUPE 07887 993 696 07807 999 628 Mains electric, gas and water. WiFi is available throughout. [email protected] [email protected] The purchaser will be required to comply with the relevant legislation in respect of current employees. LICENCES The Hotel has Premises and Civil Wedding Licences. RATEABLE VALUE

The Hotel and premises have a rateable value of £280,000. FUTURE POTENTIAL Potential for the development of four residential units through VAT reconfiguration of the car park, subject to planning consent. Should any transaction carried out as a result of your interest in the Property be deemed a chargeable supply for VAT purposes, such tax will be payable by the purchaser in addition to the sale price.

DISCLAIMER This confidential document (the “Brochure”) has been compiled by Savills on behalf of the owner or lessor of this property (the “Vendor”). The Brochure has been prepared as a general guide to the property and business operated at the property for a prospective purchaser and is being made available for information purposes only to those who have professional experience with this type of transaction and are considering acquiring the property by way of an asset or share purchase (a “Potential Acquirer”) (the “Proposed Transaction”). If you are not sure that you fit in this description you should take relevant independent advice before proceeding further. This Brochure, together with any other information provided to you in connection with it or the Proposed Transaction, is being provided on a strictly confidential basis solely for the purpose of deciding whether or not you wish to proceed with a further investigation of the Proposed Transaction. Savills, on its behalf and for the Vendor, together with the Vendor’s and Savills’s subsidiaries, affiliates, directors, officers, employees, advisers and agents (“Affiliates”) gives notice that: (i) this Brochure is made without any responsibility on their part and each of them expressly disclaims any and all liability for any loss, damage, cost, expenses or other claims for compensation (except in the case of fraud) arising from, or based on, or relating to, any information contained in, or inaccuracies or omissions from, this Brochure or any other information of whatever kind made available to the Potential Acquirer; (ii) the provision of this Brochure does not remove the need for the Potential Acquirer to make appropriate searches, enquiries and inspections, nor does the Brochure constitute part of any offer or contract; (iii) neither the Vendor nor its Affiliates makes or gives, and neither Savills nor its Affiliates has any authority to make or give, any representation or warranty whatsoever, express or implied, as to the accuracy, currency, reliability, reasonableness or completeness of, any information contained in this Brochure or in relation to the property or the business operated at it and any Potential Acquirer will be required to acknowledge in any sale and purchase agreement, if and when executed, that it has not relied on or been induced to enter into such agreement by any of the same except as expressly provided in such agreement; (iv) the information in this Brochure has not been verified and does not purport to be comprehensive or to contain all of the information that a Potential Acquirer may require or desire in connection with the Proposed Transaction; and (v) the issue of this Brochure shall not be taken as any form of commitment on the part of the Vendor, Savills or their respective Affiliates to proceed with any negotiations. All photographs are historic. Maps and plans are not to scale. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. In furnishing this Brochure, neither the Vendor, Savills nor their respective Affiliates or any other person undertake any obligation to provide any additional information or to update this Brochure or to correct any inaccuracies that may become apparent. The Vendor and Savills and their respective Affiliates reserve the right without prior notice or liability at any time: (i) to negotiate with one or more Potential Acquirers and to enter into a definitive agreement for the Proposed Transaction with any of them; and (ii) to change the procedure or timetable for, or to terminate negotiations relating to, the Proposed Transaction (without giving any reason for doing so). Designed and Produced by Savills Commercial Marketing: 020 7499 8644 | October 2016