Off-Market Search of a Boutique Hotel

Our international client was looking to purchase their second UK hotel and instructed us to look for off-market opportunities, as they had instructed all the main agents for a number of years without much luck.

We managed to source and secure the perfect boutique hotel in Reading that met their brief perfectly.

The Forbury in Reading, matching our clients’ expectations, was built in 1911 and is a Grade 1 listed building with an attached new-build apartment block, allowing for serviced apartments and long-term hotel rooms. It was the perfect mix of style and business, giving our clients both the exposure they required in the area as well as a yield-producing asset with room for expansion.