1. Brief
Discreetly offer the hotel to the
market without publicity
Key facts about the contract:
 Interna onally‐Branded mid‐
market hotel
 73 bedroom, func on and
conferencing
 No ngham just north of city
centre
 Offers over £2,500,000
Outcome
 Property sold to private buyer in
the first major hotel venture
 Client will re‐invest in south
Midlands where they have two
other hotels (Leamington Spa and
Oxford)
Commencement: October 2014
Comple on: October 2015
For further informa on contact
Sam Spencer
T: 0115 934 7094
E: sam.spencer@brutonknowles.co.uk
October 2015
 Khanna Enterprises have owned the hotel for 13
years and successfully traded through the recession.
They decided it may be apposite to sell the
No ngham unit and reinvest nearer to their other
hotels and the MD’s home.
 Sam Spencer acted for the previous vendors and has
kept in contact with Anil Khanna in the intervening
period. Anil contacted Sam to discuss discreet
marke ng in October 2014. He felt that the larger
agents would publicise the sale and had no wish to
make its availability generally known. Sam
suggested carefully placed web presence, using BK
No ngham office address, and we ensured that all
enquirers were made to sign confiden ality
agreements prior to receiving informa on.
 In addi on Sam contacted likely suitable operators
personally known to him to discuss the opportunity.
 BK USP’s on this project – in mate knowledge of the
property, friendship with the vendor; ability to
accurately iden fy likely suitable buyers without
adver sing; personal contact with the eventual
buyer over several years and a personal
recommenda on to him to view the business;
knowledge of market valua on techniques enabling
per nent advice to client;
 guidance for all par es throughout the process.
www.brutonknowles.co.uk
Sale of Property
Best Western Westminster Hotel