Theobalds Park Estate Hotel hits market for £12.5m

The Theobalds Park Estate Hotel has been brought to market off a guide price of £12.5m. The hotel, set in 55 acres of formal gardens and grounds in Hertfordshire, presents a “rare” investment opportunity as a freehold property with vacant possession.

The Theobalds Hotel features 140 en-suite bedrooms, two restaurants, a bar, a 20m outdoor pool, a well-equipped gym and leisure facilities, woodlands and 13 conference rooms with extensive meeting and events facilities. 

It has undergone “significant” investment in recent years, with over £8m in capital expenditure since 2020.

It is located only 1.6 miles from Junction 25 of the M25 and 15 miles north of Central London. It is also positioned near key infrastructure projects, including the £1bn Google Data Centre and the Sunset Studios expansion.

The property has a rich history, with its origins dating back to the 16th Century. The current Georgian mansion house, built in the 18th Century, retains many of its period features, “offering a unique blend of historic elegance and modern amenities”.

Theobalds Hotel has previously operated under prominent hotel brands and now provides a “blank canvas” for potential buyers.

Knight Frank has been appointed as the sole selling agent for the property by its joint fixed charge receivers and joint administrators. 

Henry Jackson, partner at Knight Frank, said: “We are delighted to be instructed on the sale of such an iconic property. Theobalds Hotel offers significant potential for investors looking to acquire a substantial asset in a strategic location, benefitting from excellent transport links and local business drivers. The opportunity to redevelop or repurpose the estate opens a wealth of possibilities for future owners.

“The sale of Theobalds Hotel is an exciting opportunity for buyers to acquire a premium asset with a strong history of success, ideally positioned to attract both business and leisure visitors.”