Mercure Salisbury White Hart Hotel 1 St John’s Street, Salisbury SP1 2SD Attractive 4-star Georgian hotel with prominent location in the cathedral city of Salisbury. 68 en-suite bedrooms, stylish restaurant, bar and well-appointed conferencing and events suites 2 Grade II* listed, 4-star hotel located in the medieval cathedral city of Salisbury Elegant restaurant with separate bar and private dining Situated in the heart of Wiltshire offering good links to Southampton and Bournemouth Airports On-site parking for up to 70 cars Conference and events suites for up to 110 delegates 68 beautifully appointed, ensuite bedrooms 3 W CASTLE RD Salisbury Station City Hall City Hall Salisbury FIS HE RT O N Salisbury Salisbury Playhouse Salisbury Playhouse ST Market Place BROWN ST M I L L RD Market Place Salisbury Cathedral Salisbury Arts Centre CHURCHILL WAY E UR CH AY W ILL H C NEW S T Mercure Salisbury White Hart Hotel AY S Salisbury Cathedral SOUTHA MPT ON RD W The Salisbury Museum EXETE R ST High Street CH Mercure Salisbury White Hart Hotel L IL CH R U Not to scale. For indicative purposes only. LOCATION The Hotel occupies a prominent location in the heart of the medieval city overlooking the 13th century Salisbury Cathedral. Known as ‘the city in the countryside’, Salisbury is distinctive for its quintessentially British rural influences, whilst also offering numerous contemporary retail and leisure outlets. The Hotel is surrounded by historic streets boasting boutique stores and is within close proximity to events held at Salisbury Playhouse and City Hall. The bustling Charter Market can be enjoyed bi-weekly in the Market Place. Stonehenge, a world-renowned prehistoric monument, which forms part of a UNESCO World Heritage Site, is located only 9.5 miles north of Salisbury. The striking Jurassic coast and Beaulieu’s National Motor Museum, which exhibits some of television and film’s most famous vehicles, are also nearby. The established zoo and adventure park Longleat is 26.3 miles away from the Hotel. In spite of its character as a market town, Salisbury is home to several major corporate occupiers. Nearby major businesses include Chemring, HPI, Quilter, Friends Life and Pearson Phoenix. 4 High quality commercial space is offered in business districts such as Solstice Park, and small and medium sized firms also play a large part in Salisbury’s growing business activity. Salisbury benefits from good transport links throughout the South West and lies on the intersection of the A30, A36 and A338. Salisbury Railway Station is located within 0.6 miles of the Hotel and provides direct trains to London Waterloo Railway Station with a journey time of 1 hour and 22 minutes. Both Southampton Airport and Bournemouth Airport are located within close proximity of the Hotel at circa 24 miles and 25 miles respectively. PROPERTY SUMMARY ACCOMMODATION The Mercure Salisbury White Hart Hotel is instantly recognisable with its iconic stone pillared entrance and ornate White Hart statue. The Hotel provides 68 beautifully appointed, en-suite bedrooms. All of the bedrooms are equipped with WiFi, TV, and tea and coffee making facilities. 20 bedrooms were fully refurbished in 2008 and also provide airconditioning. The Grade II* listed, Georgian property transports guests back to the 17th century in keeping with the rest of the historic city. Original features are interspersed throughout the tastefully designed hotel, whilst modern amenities are available throughout. The Hotel has welcomed many notable guests including Charles Dickens, Sir Walter Raleigh and Mark Twain. Located in the only city within Wiltshire, the Mercure Salisbury White Hart Hotel enjoys a prime location in the heart of the Salisbury Conservation Area. The attractive, 4-star hotel offers 68 charming en-suite bedrooms, Squires restaurant overlooking a private courtyard, Spires bar and modern, well appointed conferencing and events suites. Schedule of bedrooms Bedroom Type Classic Single Room Classic Double Room Privilege Room Executive Room Total Number 14 40 8 6 68 Privilege Rooms offer an upgrade on Classic Rooms with a minibar, espresso machine and enhanced toiletries. Executive Rooms further include a safe and upgraded bathroom amenities. The four-poster honeymoon suite is located directly above the projecting Georgian portico, providing a unique place to enjoy a private breakfast. 5 FOOD & BEVERAGE MEETINGS & EVENTS Squires Restaurant offers a traditional dining experience in a refined, elegant setting reflecting the Georgian history of the property. The restaurant serves hearty British fare in a cosy environment for up to 110 covers. The Mercure Salisbury White Hart Hotel offers three dedicated conference and events suites for up to 110 delegates. Events can also be held in the elegant Squires Restaurant, which offers a dance floor and overlooks the Hotel’s secluded courtyard. Spires Bar & Lounge is a more informal dining experience where guests can relax in comfortable armchairs by a log fire or enjoy a traditional Wiltshire afternoon tea in the tranquil, enclosed courtyard. The bar and lounge can hold up to 80 guests between them. Schedule of meetings rooms Room St John Suite St Anne Suite St Nicholas Suite Squires Restaurant Private dining can also be provided in all of the conference and events suites. CAR PARKING Theatre 110 0 20 110 U-shape 24 16 8 40 Boardroom 30 20 10 45 Banquet 60 20 0 110 Area (m2) 88 42 17 n/a All of the suites are located on the ground floor making them fully accessible, and offer air-conditioning, WiFi, ample natural daylight and state-of-the-art audio visual equipment. There is on-site car parking offered for up to 70 cars. 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 LICENCES VIEWINGS The Property is held freehold. The Hotel has Premises and Civil Wedding Licences. All enquiries and appointments are to be made strictly through sole selling agents Savills. FUTURE POTENTIAL TUPE Planning permission submitted for approval for a 29 additional bedroom extension, new reception and function room. There is potential for the development of five residential units through reconfiguration of the car park, subject to planning consent. The purchaser will be required to comply with the relevant legislation in respect of current employees. Martin Rogers 0207 409 8039 07972 000 267 [email protected] Rob Stapleton 0207 409 8029 07972 000 230 [email protected] INVENTORY & STOCK The Hotel and premises have a rateable value of £215,000. Oliver Armitstead 0207 409 9919 07887 993 696 [email protected] Georgie Liggins 0207 877 4655 07807 999 628 [email protected] Fixtures, fittings and equipment are included in the sale with general stock at valuation on completion. VAT SERVICES 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. RATEABLE VALUE James Greenslade 0139 245 5719 07870 555 893 [email protected] Mains electric, gas and water. WiFi is available throughout. 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. This Brochure, together with any other information provided to you in connection with it or the Proposed Transaction, is being provided on a strictly confidential basis solely for the purpose of deciding whether or not you wish to proceed with a further investigation of the Proposed Transaction. Savills, on its behalf and for the Vendor, together with the Vendor’s and Savills’s subsidiaries, affiliates, directors, officers, employees, advisers and agents (“Affiliates”) gives notice that: (i) this Brochure is made without any responsibility on their part and each of them expressly disclaims any and all liability for any loss, damage, cost, expenses or other claims for compensation (except in the case of fraud) arising from, or based on, or relating to, any information contained in, or inaccuracies or omissions from, this Brochure or any other information of whatever kind made available to the Potential Acquirer; (ii) the provision of this Brochure does not remove the need for the Potential Acquirer to make appropriate searches, enquiries and inspections, nor does the Brochure constitute part of any offer or contract; (iii) neither the Vendor nor its Affiliates makes or gives, and neither Savills nor its Affiliates has any authority to make or give, any representation or warranty whatsoever, express or implied, as to the accuracy, currency, reliability, reasonableness or completeness of, any information contained in this Brochure or in relation to the property or the business operated at it and any Potential Acquirer will be required to acknowledge in any sale and purchase agreement, if and when executed, that it has not relied on or been induced to enter into such agreement by any of the same except as expressly provided in such agreement; (iv) the information in this Brochure has not been verified and does not purport to be comprehensive or to contain all of the information that a Potential Acquirer may require or desire in connection with the Proposed Transaction; and (v) the issue of this Brochure shall not be taken as any form of commitment on the part of the Vendor, Savills or their respective Affiliates to proceed with any negotiations. All photographs are historic. Maps and plans are not to scale. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. In furnishing this Brochure, neither the Vendor, Savills nor their respective Affiliates or any other person undertake any obligation to provide any additional information or to update this Brochure or to correct any inaccuracies that may become apparent. The Vendor and Savills and their respective Affiliates reserve the right without prior notice or liability at any time: (i) to negotiate with one or more Potential Acquirers and to enter into a definitive agreement for the Proposed Transaction with any of them; and (ii) to change the procedure or timetable for, or to terminate negotiations relating to, the Proposed Transaction (without giving any reason for doing so). Designed and Produced by Savills Commercial Marketing: 020 7499 8644 | October 2016
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