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Two Mercure hotels in Northampton and Essex have been put up for sale by a joint venture between Frogmore Real Estate Capital and C1 Capital.
The properties carry a combined guide price of £19m and are available individually or as a portfolio. The 146-bedroom Mercure Northampton is listed for £11m.
The 76,000 sq ft town centre property recently underwent a £1.2m refurbishment and rebranding program which was completed in May 2024.
The hotel includes 12 meeting rooms and a conference centre capable of hosting 400 guests. It generated total revenue of nearly £5m in the last trading period and features 180 on-site parking spaces.
The Mercure Thurrock Stifford Hall in Essex is a freehold 18th Century Georgian manor house priced at £8m. Set within 3.7 acres of landscaped gardens, the property reopened in June 2025 following an £800,000 refurbishment.
The Essex site contains 97 bedrooms and six meeting spaces. It is located near the Tilbury Docks and the Dartford Crossing, producing annual revenue of more than £2.8m.
Both hotels are currently operated under franchise agreements with Accor.
Agent at Knight Frank, Chris Field, who is handling the sale, said: “Mercure Northampton and Mercure Thurrock Stifford Hall both present excellent opportunities to acquire attractive hotel businesses in desirable locations. The recent refurbishment and re-branding of the hotels also offer an incoming purchaser the benefit of acquiring well capitalised assets that still provide further trading potential upside as they approach stabilisation.
“These hotels are located in markets that are likely to grow in the near future, with Northampton undergoing significant regeneration in the town centre and Thurrock set to benefit from the future development of Tilbury Docks and the Lower Thames Crossing.”
