Cornerstone Realty is pleased to present a rare opportunity to purchase this freehold 3 star Boutique Hotel, 57,000sq feet site in Maidenhead, Berkshire. This hotel is well located, 0.4km from Maidenhead town centre, 20 minutes from Heathrow Airport and 45kms from London. Maidenhead railway station (direct services to Paddington Station) is a 10 minute walk from the hotel and has been designated as the western terminus of the high speed Crossrail Link due to complete in 2018. There is excellent access to Heathrow Airport and central London.
Tourist and leisure attractions in close proximity include Legoland, Windsor Castle, Windsor Racecourse, Royal Ascot and Hampton Court. Annual festival highlights include Henley Royal Regatta and the Royal Windsor Horseshow. The 2012 Olympics Rowing event occurred at nearby Dorney Lake; Bird’s Hill, Winter Hill and Burnham Beeches golf courses are also within easy driving distance.
Maidenhead is a thriving commercial hub for telecoms, computer software and bio-technology sectors with companies such as Nortel Networks, Allied Healthcare, Hitachi, Johnson and Johnson and 3G. Microsoft is in nearby Reading and Siemens in Bracknell supporting the commercial businesses.
This beautiful property has been in the same ownership for 20 years. It consists of 72 bedrooms, 50 seat dining room, 30 seat bar, 2 corporate conference rooms and 65 carpark spaces.
Option 1: Rebrand hotel to a strong international brand or maintain as a boutique hotel property
Option 2: Redevelop to residential apartments, subject to planning permission.