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11 April 2019 | Hotels

Popular Berkshire hotel comes to the market through Christie & Co

Red Kite House Hotel, situated in the heart of the affluent Berkshire village of Burghfield Common, near Reading, has been brought to the market by specialist business property adviser, Christie & Co.

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The charming 300 year old property has been well maintained with a tasteful and modern interior and comprises 10 recently refurbished en suite letting rooms, a welcoming reception hall, breakfast room, guest lounge, large private kitchen and laundry room. 

Currently, the site also provides three bedroom owner’s accommodation but planning permission has been obtained to create a separate manager’s flat, thus increasing the number of available letting bedrooms to 13, as well as adding an additional three parking spaces.

Burghfield Common is an extremely attractive destination for leisure and corporate guests alike due to the village’s close proximity to nearby business parks, as well as wedding and event venues, such as Trunkwell Manor, Ufton Court, Aldermaston Manor and Wokefield Park. The popular riverside town of Reading is around six miles away and Heathrow Airport approximately 30 minutes’ drive, making it well linked for tourists to the area.

Having owned the business for eight years, the current owner, Paul Hutchman, has established a strong reputation for the hotel which enjoys excellent levels of repeat trade. He has now decided to sell in order to pursue a similar business opportunity in Europe and to repeat the success of this winning formula.

Tom Orchard, Business Agent at Christie & Co’s Reading office is handling the sale and comments, “Red Kite House Hotel provides a fantastic opportunity to acquire a business which has potential to grow and will appeal to either a hands-on owner operator or a multiple operator looking to add to their portfolio.

“There is scope to develop the business through the planning permission granted which will increase bedroom capacity and also the opportunity to extend the main building to create a larger restaurant and bar, subject to planning permission. This is an exciting opportunity to acquire a hospitality business in a desirable area and we anticipate high levels of interest.”

Christie & Co is seeking offers off a guide price of £1,200,000 for the freehold interest.