Our Property Sectors
Working with our Retail Agency Team we have a number of Chartered Surveyors experienced in the provision of services to the hospitality industry offering expert advice in the following areas:
- Acquisition of land/ properties for development
- Assisting in obtaining planning consent
- Building surveying including pre-acquisition surveys of potential premises
- Valuations of hospitality properties ranging from guest houses through to large-scale hotels
As well as providing services to hotel and hospitality sector clients we have also acted for investors sourcing potential opportunities within the market.We recognise that the traditional agency approach of viewing properties in terms of price per sq. ft. doesn’t apply for this sector. When acquiring properties for our hospitality clients our agents provide tailored advice and will conduct a detailed analysis of a possible property’s trading potential. Our Team’s expertise and commitment to achieve the best results ensures our clients get the maximum return on their investment.
Brasier Freeth has acted for Travelodge across North West London since June 2007. An example of the work we have done for this leading hotel brand can be found below.
Case Study – Travelodge
Travelodge is the largest hotel brand within London, but has further requirements throughout all of the London Boroughs for at least 60 more hotels. Its recent £57 million refurbishment programme and very positive trading performance underpin the company’s ambitious expansion plans. Brasier Freeth is the outsourced development manager for Travelodge across North West London.
Recent successes include the conversion and rear extension of Denmark House in West Hendon. The converted offices will be transformed into a three-storey new look Travelodge with 128 bedrooms, a bar café and 105 car parking spaces. Located just off Staples Corner, the Travelodge is adjacent to Brent Cross shopping centre and an ideal site for hoteliers. This development is expected to be completed in Q4 2017.
Almost simultaneously, works are also underway on the site of the former Temple House office building in Harrow. A new 102 bedroom hotel and bar café, adjacent to Debenhams in the Town Centre and also projected to open in late 2017. Tony O’Brien from Travelodge said “Travelodge is delighted that work has started on two new hotels in Harrow and Hendon. At both locations there is a need for good quality, great value hotel accommodation and the new Travelodge’s will provide this for both business and leisure visitors. Brasier Freeth’s efforts to identify the opportunities and agree terms on our behalf was invaluable”.
Brasier Freeth continues to support this leading hotel chain’s ambitious plans searching for potential sites or buildings for conversion, across North West London.