Aberdeen's Simpson's hotel sells off £12m guide price

01 May 2008 by
Aberdeen's Simpson's hotel sells off £12m guide price

Simpson' hotel in the West End of Aberdeen has been sold off a guide price of £12m through Knight Frank Hotels.

"This is probably the biggest hotel deal to have happened in the North East this year," said David Reid, partner at Knight Frank Hotels.

The new owner of the hotel in Queen's Road is Manorisms LLP, a local company that operates serviced accommodation at nearby Kepplestone Manor.

"We were not searching for a hotel purchase, but the synergy of being able to run two complementing high-class businesses in the West End of Aberdeen, within walking distance of one another, was of irresistible appeal, " commented Manorisms director Tim Philpot.

The hotel offers 50 en-suite bedrooms (including two four-poster suites), a 60-seat lounge bar, and the Simpson's Brasserie which can seat 140 customers inside, plus another 40 on the terrace during the summer.

On-site parking is available to guests.

Manorisms plans to retain the hotel name along with the existing management and staff under director Martin Brown.

Funding for the acquisition came from Bank of Scotland Corporate in Aberdeen, which also provided finance for Kepplestone Manor.

By Angela Frewin

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.


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