The sale of the freehold interest of the Mite Hotel, Hampton Court, has completed, having been under family ownership for nearly 30 years.
The Mitre Hotel was jointly marketed on by leisure property specialists Fleurets and Christie and Co; and sold to Signet Hotel Group, a newly formed partnership spearheaded by Hector Ross, whose recent CV includes The Bel & the Dragon group of Country Inns and the world-renowned Beaverbrook Hotel & Spa.
The Mitre is a landmark hotel occupying a riverside location next to Hampton Court Bridge and Hampton Court Palace. With origins from 1666, the property was initially used as ancillary accommodation for the palace and rebuilt in the mid-18th century.
Fast forward to 2020 and the Mitre currently offers 36 en-suite bedrooms with extensive bar, restaurant and events facilities, all overlooking the River Thames.
Paul Hardwick, Head of Hotels at Fleurets, commented, “With my colleague James Davies and joint agent Alex Campbell at Christie & Co, we were able to utilise our combined experience in the market to source and approach an exclusive purchaser list.
'We are proud to be involved with the sale of such an iconic property and look forward to seeing it evolve after the investment Signet Hotel Group has planned for later this year.”