‘Massive’ interest in sale of hotel to the stars

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‘MASSIVE’ interest is being shown in Torquay’s up-for-sale Imperial Hotel, say the agents.

The hotel where many celebrities including The Beatles once stayed is on the market as part of a group of 10 UK hotels jointly valued at around 130million. The Hotel Collection is being marketed jointly by Savills and Rothschild, and is part of a portfolio of 10 regional UK hotels known as Project Solstice.

'Massive' Interest In Sale Of Hotel To The Stars

Martin Rogers, head of UK hotel transactions at Savills, said with its stunning location there had been a lot of enquiries about the former five star hotel.

“We have had massive interest in the Imperial, not just from UK companies but from companies worldwide. They want to operate it as a hotel, both UK and international investors and UK and international hotel groups.

'Massive' Interest In Sale Of Hotel To The Stars

“I have lived in Torquay all my life and I would just love to see that hotel back to the glory days of when it was managed by Harry Murray and Michael Chapman. They knew how to run a fantastic hotel and it was a fantastic hotel.

“A lot of people we are talking to are talking about taking it to five star level. It will need investment but it has one of the best locations and views in the South of England.”

'Massive' Interest In Sale Of Hotel To The Stars

Opened in 1866 on a dramatic cliff face with stunning views across Tor Bay, the Imperial was a popular venue for tea dances, parties and dinners attended by Dame Agatha Christie, who would have regularly attended tea dances, parties and dinners there. The hotel provided the inspiration for the Majestic Hotel in two of Christie’s novels Peril at End House and The Body in the Library. In Sleeping Murder, Miss Marple’s final case, the Imperial Hotel appears as itself, with the denouement taking place on the terrace.

'Massive' Interest In Sale Of Hotel To The Stars

Stars of stage and screen and vinyl have stayed at the Imperial over the decades. The Beatles stayed there in the mid-Sixties during the filming of Magical Mystery Tour.

Before that time it welcomed many famous guests including including Emperor Napoleon III of France, the Queen of the Netherlands and King Edward VII. Benjamin Disraeli was a prominent visitor to the resort throughout his political career.

'Massive' Interest In Sale Of Hotel To The Stars

The Imperial Hotel is now a 4-star hotel with 152 bedrooms. It also features a restaurant, two bars, health club and tennis and squash courts as well as nine conference rooms catering for up to 350 delegates. The hotels, which offer a combined total of 1,433 bedrooms and 111 meeting rooms plus numerous restaurants, gyms and health spas, produced a total revenue of 48 million in 2015.

'Massive' Interest In Sale Of Hotel To The Stars

In England, the portfolio also includes The Majestic Hotel, Harrogate; The Old Ship Hotel, Brighton; The Redworth Hall Hotel, County Durham; The Billesley Manor Hotel, Stratford-upon-Avon; The Imperial Hotel, Blackpool and The Shrigley Hall Hotel, Golf and Country Club, Macclesfield. In Scotland and Wales, it encompasses The Stirling Highland Hotel, Stirling; The Aberdeen Altens Hotel, Aberdeen and The Angel Hotel, Cardiff.

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'Massive' Interest In Sale Of Hotel To The Stars

References

  1. ^ Comments (0) (www.torquayheraldexpress.co.uk)
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