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The Thames Hotel in Maidenhead, Berkshire, has been placed up for sale for the first time since 1994 off a guide price of £2.45m.
The hotel, which was built in 1886 and is fronting onto the River Thames in Maidenhead, has been independently owned and operated under the stewardship of the Owen family since it was acquired in the mid 90s.
The family have been responsible for substantially upgrading the hotel’s facilities and expanding the range of services on offer to guests and have widened the hotel’s customer base.
Featuring 33-bedrooms and extensive function facilities, The Thames Hotel has built a “renowned reputation” in Maidenhead for both accommodation and food and beverage offering.
The hotel also has extensive bar and restaurant facilities on the ground floor, with an external River Thames terrace and potential to expand its offer with the current and approved planning permission.
The current owner, Cliff Owen feels the time is right as custodian of the hotel to step back and hand over to new owners.
He said: “Whilst it is of course sad to be selling a business with which we have been involved with for almost 30 years, now is the right time to step back. We wish a new buyer every success during their ownership of this great and profitable hotel on the banks of the River Thames. Most importantly we would like to thank the staff, with whom we have shared this memorable journey, for their hard work and dedication over the years.”
Ed Bellfield, Regional Hotel director at Christie & Co, who is handling the sale, added: “The sale of The Thames Hotel represents an exceptional opportunity to acquire a highly successful hotel business with significant repeat patronage, largely due to its continued ownership and continuity within the same family since 1994.
“The reputation and success of the business is testament to the continued re-investment and family stewardship over recent decades, combined with its enviable location on the banks of the River Thames. We wish Cliff well on his retirement and the closing of a long-established chapter.”
