UK: As chairman Robert Peel plans for retirement, Christie & Co has been appointed to sell the Peel Hotels portfolio.
Available for purchase are Crown & Mitre Hotel, George Hotel, Bull Hotel and Caledonian Hotel. The properties may be bought individually or as a group.
An Edwardian hotel in Carlisle, the Crown & Mitre features 91 bedrooms, a 41-cover restaurant, a bar and six function rooms including a 400-person ballroom.
George Hotel, located in Wallington, Oxfordshire, is a 16th century Grade II-listed coaching inn. The 39-key property offers a 50-cover restaurant and bar along with two function suites.
The company’s founding property, Peterborough’s Bull Hotel, is a 17th century Grade II-listed site. It features 118 rooms alongside a brasserie, bar and lounge, and five event suites with space for up to 250 guests.
Caledonian Hotel, in Newcastle’s Jesmond neighborhood, has 89 en suite rooms. Amenities include The Phoenix Bar & Restaurant, an alfresco terrace and seven event rooms for up to 100 guests.
“I believe that Peel Hotels offers really traditional, high-quality accommodation, our food and beverage offering is one of the best across the markets we operate in, and our hospitality team are second to none,” Peel said.
“As I prepare to wind down my direct involvement in running hotels, I can see the appeal for growing groups and owner operators to purchase these hotels along with their wonderful teams to build upon what I have created over recent decades,” he continued. “Along with all my staff, I am excited about what the next few months will offer as Christie & Co undertake their work.”
Jeremy Jones, head of brokerage – hotels at Christie & Co, said: “We are delighted to have been instructed to market these four hotels within Peel Hotels, which offer some of the best trading locations in their respective markets. Offering four-star, full-service accommodation across Newcastle, Carlisle, Peterborough and Wallingford, these hotels are available individually or on a multiple basis and offer an exciting opportunity to build upon the strong reputation which Peel Hotels have created through ongoing investment and exceptional levels of service.”
Highlights:
- Christie & Co has been appointed to market four Peel Hotels properties in England following chairman Robert Peel’s planned retirement.
- The portfolio includes: The Crown & Mitre Hotel in Carlisle (91 bedrooms), The George Hotel in Wallington (39 bedrooms), The Bull Hotel in Peterborough (118 bedrooms), and The Caledonian Hotel in Newcastle (89 bedrooms).
- Each property features food and beverage venues and function space.
- The hotels are available for purchase individually or as a group.
