Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Brooklands hotel in Surrey sold off guide price of over £20m

11 April 2014 by
Brooklands hotel in Surrey sold off guide price of over £20m

The Brooklands hotel in Weybridge, Surrey, which stands on the site of the birthplace of British motorsport, has been sold to an affiliate of Bestford Capital and Westmont Hospitality Group.

The freehold of the 120-bedroom, four-star hotel, which originally opened in 2010, was sold off a guide price in excess of £20m by property agents Colliers International.

The hotel, which has a turnover of around £7.5m, features the 1907 restaurant and grill, a spa, and nine conference rooms with capacity for 220 people.

Built in 1907, the Brooklands racetrack in Weybridge, Surrey is said to be the world's first purpose-built racing track, and was used extensively for motor racing in the 1920s and 30s. The site is also historically linked to aviation development.

Julian Troup, head of UK hotels agency at Colliers International, said that the hotel's historical location had made it an attractive proposition for both domestic and overseas investors.

He added: "[Interest was] driven by the hotel's luxury appeal, superb trading performance and the area's reputation as one of Home Counties' chief business destinations."

Brooklands hotel opens on site of UK's earliest motor-racing track >>

Brooklands hotel motors onto the market >>

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking