UK: Global property developer Knight Frank has brought two hotels, Highgate House and Woodside Hotel, to the market on behalf of their owner, Sundial Group.
Both hotels are seated deep in the countryside, with a combined focus on conferences and other events.
Sundial was initially founded in the 1960s, with the acquisition of Highgate House, focusing on high-quality events and top-notch Hospitality. The company developed the two properties over the years to focus on corporate events, and are now hoping to move on to the next phase of their business.
Tim Chudley, managing director at Sundial Hotels, said: “We have enjoyed the past 60 years as guardians of these wonderful businesses, and as a family have decided to find the best way to pass on the Sundial legacy to new owners that will invest and continue to employ our wonderful people, hosting memorable meetings and events for our clients. We look forward to continuing business as usual in the meantime before handing over to the right new owners for the next phase of the business.”
Both hotels are nestled with over five acres of grounds and feature unique, versatile events facilities. Unique features for each includes an 1860 Victorian country house and a Putt Golf course for Woodside Hotel, and a Sauna and over 20 syndicate rooms at Highgate House.
Henry Jackson, head of Hotel Agency at Knight Frank said: “The combination of the multi-faceted leisure and corporate business facilities, strong accommodation offering, and peaceful yet accessible locations that these hotels boast should demonstrate their versatility and appeal to investors. There is also the opportunity for further value to be derived from their potential for alternative use case subject to planning as well as the option to reposition and rebrand.”