The Georgian Hotel in Haslemere has gone on the market for almost £2.5m as administrators step in to sell the property.
The Grade-II listed hotel is being sold on behalf of joint administrators Henry Shinners and Mark Ford of Smith & Williamson, with sellers Christie + Co expecting the property to ‘appeal to wide range of buyers’.
The hotel went into administration in March for the second time in three years. The hotel was previously owned by Hollybourne Hotels, but went into administration in February 2014. It was then acquired by current owners Sarah Burke and Mark McVeigh in May 2015 who operated it under Lionhouse Hotels.
Now the property is calling for new ownership once again.
Located on the High Street of the affluent market town of Haslemere, the 43-bed hotel is home to a spa, restaurant, bar and meeting room facilities.
It caters for corporate events as well as private functions and dinners, and is also fully licensed for civil marriages and partnerships. Christie & Co is marketing the hotel off a guide price of £2,499,500.
Ed Bellfield, regional director at Christie & Co comments: “The Georgian Hotel has an established reputation, appealing to both leisure and corporate guests due to its proximity to Guildford, the A3 and the South Downs National Park. There is significant scope for an experienced owner/operator to invest in the site and benefit from its exceptionally unique location.
“We expect the property to appeal to a wide range of buyers including those looking to purchase a single asset as well as those looking to expand their current portfolio. We also anticipate high levels of interest from both national and international investors attracted to the UK market.”