Hadley Park House, Telford - FOR SALE

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Property Id : 38246
Rooms: 22

Hotel For Sale – Hadley Park House

Christie & Co UK are delighted to market for sale Hadley Park House, located in Telford, England

Key Features

• 22 Bedroom Country House Hotel
• AA 4* Rating and award winning business
• Function room (130) & restaurant (85)
• Y/E 31.12.22 sales c. £1.55m, EBITDA c. £240k
• 115 confirmed wedding bookings for 2022
• Car park (100). Energy Rating E.

Letting Accommodation

The letting accommodation is split 12 bedrooms in the main house, 10 bedrooms within the west wing and an extension built in 2010. The bedrooms are split: • Six family bedrooms • Three suites • Three twin/double bedrooms • 10 double bedrooms

Location

Hadley Park House is situated 3.5 miles from the M54 via the (A442) Queensway. With easy access from the M54, the site is approximately 4 miles from Telford, 17 miles from Shrewsbury, 19 miles from Stafford, 21 miles from Wolverhampton, 36 miles from Birmingham and 45 miles from Birmingham Airport. London Euston from Telford central station is circa 2 hours. The World Heritage Site Ironbridge is 9 miles away, a major tourist attraction within Shropshire described as the “Birthplace of the Industrial Revolution”.

Awards

Awards include: • Best Wedding Venue (Historic Building) for 2021 for the West Midlands region in The Wedding Industry Awards (TWIA) • Wedding Service Awards Best Town & City Venue winners for three years consecutively (2015-2017) and finalist for 2018. • Shropshire business awards 2017 winner. • AA rosette award

The Opportunity

Hadley Park House is an award winning, late 18c Grade II listed hotel and wedding venue. The business boasts a strong pipeline of wedding bookings (currently 115) for 2022 and 65 for 2023, 40 for 2024 and has won several industry awards, including the Best Wedding Venue (Historic Building) for 2021 for the West Midlands region in The Wedding Industry Awards (TWIA). The sale presents an opportunity for investors and operators alike to acquire both an attractive property and a hugely successful and consistent business with excellent profits. The business benefits from an enviable mix of corporate, leisure, and wedding reception trade due to its accessible location.

Trading Information

The business has performed consistently over the years, reporting like for like growth in top-line revenue year on year, with a commendable conversion to profit. For the pandemic impacted trading year ended 31st December 2022 the business produced net sales of £1,554,111 and an EBITDA of £240,000. More detailed trading information will be given to interested parties following a formal viewing.

Planning Permissions

Planning permission and listed building consent has been given for works to include extension and a detached manager/staff house.

Gavin Webb MRICS

Associate Director - Hotels

Sam Roberts

Broker – Hotels, West Midlands

Lisa Rushworth

Sales Negotiator, Christies UK
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Gavin Webb MRICS