Principal Hayley's Hawkstone Park hotel to be sold by Starwood Capital Group

12 June 2015 by
Principal Hayley's Hawkstone Park hotel to be sold by Starwood Capital Group

Starwood Capital Group has put the three-AA-star, 66-bedroom Hawkstone Park hotel in Shropshire on the market for offers in excess of £6m.

The hotel, which incorporates a golf club with two 18-hole championship courses and a six-hole academy course, is located within 400 acres of grounds in Weston-under-Redcastle.

It is currently part of the 23-strong group of Principal Hayley hotels acquired by Starwood Capital in 2013 for £356m. Earlier this year it was revealed that Starwood Capital was offloading seven Principal Hayley hotels, alongside 11 properties within De Vere Venues, the Oxford Witney and a Four Pillars hotel.

The sale of the 19 hotels, for a figure of around £180m, will go some way towards financing the creation of a new brand of iconic urban lifestyle hotels being created by Starwood Capital Group under chief operating officer David Taylor, newly appointed from his previous role as general manager of the London Edition.

Christie + Co is handling the sale of Hawkstone Park, which incorporates the Follies, a 200-year-old woodland fantasy of cliffs, caves and woodlands.

Gavin Wright, director at Christie + Co's Birmingham office, said that there was an opportunity to develop Hawkstone Park's profile as a leisure resort with the addition of spa and leisure facilities.

"Hawkstone Park has a number of outbuildings and houses within its grounds, which offer potential purchasers a range of development, sale or asset management opportunities to further enhance the business," explained Wright. "This property presents an opportunity to become part of a hotel group or private ownership and build on its longstanding reputation as a leading golf hotel."

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Starwood Capital Group puts 19 hotels up for sale >>

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