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Prima portfolio of regional country house hotels for sale

By James Russell: Prima portfolio of regional country house hotels for sale

September 9, 2015

Ryan Grant, Lee Causer, and Catherine Williamson of AlixPartners Services UK LLP (AlixPartners), the Joint Administrators of Fontenhall Limited, Nunsmere Hall Limited and Prima Hotels Limited, have appointed Savills, to market the Prima portfolio of regional country house hotels for a guide price in excess of £18 million.  The four properties are also available as individual assets, with two based in Cheshire, one in South Yorkshire and one in Leicestershire.

The Grade II listed Hellaby Hall Hotel near Rotherham (pictured above) is the largest of the portfolio with 89 bedrooms and conference or event facilities catering for up to 500 guests.  Dating back to the 17th Century and with many of its original Jacobean features retained, the hotel also features a restaurant, health and leisure club with two gyms, a swimming pool and health spa.

The Grade II listed Quorn Country Hotel in Quorn is the only 4-star venue in the area.  Set within 4 acres (1.62 hectares) of gardens on the banks of the River Soar, it offers wedding and conference facilities for up to 300 guests.

In Wilmslow, the 4-star Stanneylands Hotel comprises 55 bedrooms plus conference and event facilities, a restaurant and popular bar.  It combines a picturesque setting among mature woodlands and open fields with a drive time of just 10 minutes to Manchester Airport and 20 minutes to Manchester city centre.

Also in Cheshire, the Nunsmere Hall Hotel is a former manor house which dates back to the 1900s and has retained much of its historic architecture.  Located close to Cheshire Polo Club and Oulton Park,  it is surrounded by a lake and features 36 individually designed bedrooms plus a restaurant, bar and conference and events facilities.

Excellent investment

Martin Rogers, director of regional hotel transactions at Savills, comments: “This portfolio of regional country house hotels provides a diverse mix of bedroom, dining, conferencing, health and leisure facilities.  Each is well-established within its market and has a strong trading record, making them an excellent investment as either a portfolio or individual assets.”

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