Mercure Farnham Bush Hotel the Borough, Farnham GU9 7NN
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Mercure Farnham Bush Hotel The Borough, Farnham GU9 7NN Historic, boutique hotel located in affluent Farnham on the outskirts of the Surrey 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 Club Farnham Castle C ST A ST S Farnham Castle A T E LE Mercure Farnham H ILL Bush Hotel RD Mercure Farnham Y D A A C E D W Lion and Lamb Yard Bush Hotel A M O D S L U Shopping Centre T O L L O G F E W High Street S T 37 A - H S G S Lion and Lamb Yard U A University for the O S -P Shopping Centre R O Y Creative Arts, Farnham O U B B T HE H M T S A T H N R A F T S T G T S IN ES N St Andrew’s Church W W Farnham Station DO St Andrews Church F I R G R O V E T H Farnham IL I F L O L R D R D 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 Guildford (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. Elstead Room 40 23 22 30 49 Hambledon Room 20 15 16 0 36 CAR PARKING Haslemere Room 70 35 35 60 95 Tilford 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.