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Hotel near Gatwick Airport sold through specialist broker Christie & Co

Specialist business property adviser, Christie & Co, has announced the sale of the hotel formerly branded as the ‘Crowne Plaza Felbridge’ to Britannia Hotels.

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Set within nearly four acres, the hotel comprises 116 ensuite bedrooms on the ground and first floors which overlook a central courtyard, as well as a health club and spa with a fitness centre, treatment rooms, sauna, steam room, jacuzzi and indoor pool. The hotel also offers a bar, restaurant, and extensive conference and event facilities, with eight well-equipped meeting rooms and three ballrooms including The Grand Ballroom which accommodates 500 guests.

Located in West Sussex, the hotel is well-placed to provide easy connectivity to nearby Gatwick Airport, just a twenty-minute drive away. The hotel is also a short distance from the M25 and M23 motorways, for travel to London and Brighton. Guildford and Maidstone are within an hour’s drive, and tourist destinations such as the South Downs National Park are on the doorstep, making the hotel an ideal choice for business and leisure guests alike.

The hotel has been sold on behalf of MCAP Global Finance (UK) LLP, the UK affiliate of New York headquartered global asset manager Marathon Asset Management L.P. (“Marathon”).

Announcing their latest successful acquisition, Robert Ferrari, Chief Executive of Britannia Hotels, said: “I am delighted that so early in 2025 we are able to announce the acquisition of our 65th hotel which will be rebranded as ‘Elite Venue Selection Felbridge’. The hotel will be joining fifteen other landmark hotels we own, which sit in our collection www.theelitevenueselection.co.uk. Our plans to invest in the hotel will enhance its appeal to a wider range of corporate and leisure guests attracted by the whole selection of facilities on offer and is evidence again that we are focussed on retaining our position as the UK’s largest privately owned hotel group.”

Jeremy Jones, Head of Hotels Brokerage at Christie & Co, said: “We are delighted to be able to announce this significant sale on behalf of Marathon. Having sold approximately 100 hotels in 2024, to maintain this momentum into the new year is positive; we’re looking forward to announcing similar sales in the weeks ahead and we wish Britannia Hotels many successful years owning and operating this hotel.”

Craig Millward, Director – Corporate Hotels at Christie & Co who managed the sale, said: “The hotel investment market in the UK has entered a growth phase with unprecedented demand for all asset types across the regional market. Stabilisation of the cost of debt has allowed vendors and buyers alike to accurately price assets and for funds to use this market momentum to rationalise their portfolios. It was a pleasure to work with both vendor and the buyer on this transaction.”

The hotel freehold was sold at an undisclosed price.


For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com

Contact the brokerage team:  

Jeremy Jones, Head of Brokerage - Hotels
P: 07764 241 284
E: jeremy.jones@christie.com

Craig Millward, Director – Corporate Hotels
P: 07791 174 781
E: craig.millward@christie.com

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