Hobart Hall Hotel - Savills

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Hobart Hall Hotel
43-47 Petersham Road, Richmond TW10 6UL
17th Century riverside hotel and gardens set in 0.62 acres with the benefit of considerable development potential.

Superbly located on the banks of an
idyllic stretch of the River Thames on
the outskirts of London.
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Royal Mid-Surrey
Golf Club
Twickenham Rd
Kew Rd
A3016
Richmond
Green
RICHMOND
A305
Sheen Rd
Twickenham Rd
Hill St
Paradise Rd
Kings Rd
B353
RIVER THAMES
The Ave
A3005
B322
Richmond Hill
St Margarets Rd
A3004
Richmond Ed
Frairs Stile Rd
Queen’s Rd
Petersham Road
B321
A305
Richmond Rd
Marble Hill
Park
B353
Richmond
Park
Not to Scale - For Identification Purposes Only.
Location
Superbly located on the banks of an idyllic stretch
of the River Thames, just to the south of Richmond
Bridge.
Hobart Hall is easily accessible from the M3, M4
and A3, allowing straightforward access to Central
London (9 miles) and Heathrow Airport (9 miles).
Richmond also benefits from National Rail and
London Underground connections, providing
frequent services to London stations and the whole
of southern and western England.
Richmond is an affluent and historic riverside
town ideally situated between Kew Royal Botanic
Gardens and Richmond Park. The hotel is perfectly
positioned for visiting the area’s historic houses,
Hampton Court Palace and Ham House, as well as
enjoying the retail attractions of Richmond and
the tranquillity of this beautiful stretch of the river.

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Hoba rt Hall Hotel
43-47 Petersha m Road , Rich mond -upon- Thames , Surre y TW10 6UL
Description
Hobart Hall is an imposing historic house, constructed in circa 1690
with further additions in 1752. The house and its gardens descend
gently to the River Thames embankment and moorings.
The hotel is arranged over four floors within two inter-connected
buildings. Accommodation includes 39 bedrooms together with
breakfast room and lounge.
Richmond Bridge 200m
39
14
Otterman
House
1 to 11
Mallard
Court
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The whole sits in approximately 0.62 acres of attractive gardens
with direct access to the riverside path.
Tenure
Freehold.
ing P os ts
Gaucho Grill
43
Richmond Loading Stage
PETERSHAM ROAD
Planning / Development Potential
Hobart Hall is Grade II listed and lies within the Richmond Hill
Conservation Area.
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The hotel and site have significant potential for development
although no planning consents are in place. Richmond Council has
historically supported hotel development on the site, but we have not
made recent formal enquiries.
RIVER THAMES
An overage provision relating to residential development is in place
with the London Borough of Richmond upon Thames. If residential
development of the site is consented before 2031, 50% of the uplift
in value shall be payable to the council. This applies to residential
development only.
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Works
20
Crown Copyright - licence no. 100018190. Based on Ordnance Survey 2011. Not to Scale - For Identification Purposes Only.

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Trading Potential
The property offers substantial opportunity for development, including enlarging and redeveloping
the existing hotel (subject to planning permission). The scenario below illustrates the potential of an
80-bedroom hotel and restaurant development.
View of Richmond Bridge
Savills Trading Forecasts
Year 1 Year 2 Year 3 Year 4 Year 5
Number of Rooms 80 80 80 80 80
Rooms Available 29,200 29,200 29,200 29,200 29,200
Occupancy 70.0% 75.0% 80.0% 80.0% 80.0%
ARR £110.00 £120.00 £130.00 £140.00 £145.00
RevPAR £77.00 £90.00 £104.00 £112.00 £116.00
Rooms Revenue (£ 000) £2,248 £2,628 £3,037 £3,270 £3,387
Food & Beverage (£ 000) £450 £526 £607 £654 £677
Other Revenue (£ 000) £112 £131 £152 £164 £169
Total Revenue (£ 000) £2,811 £3,285 £3,796 £4,088 £4,234
EBITDA (£ 000) £984 £1,232 £1,518 £1,635 £1,694
% 35.0% 37.5% 40.0% 40.0% 40.0%
Restaurant Income (£ 000) £225 £230 £235 £240 £245
Total (£ 000) £1,209 £1,462 £1,753 £1,875 £1,939
Source: Savills
SUBJECT TO PLANNING AND RECONFIGURATION AND FOR INDICATIVE PURPOSES ONLY
Method of Sale / Viewings
The property will be sold as a going concern by private treaty. At present the sale is confidential and
no approach whatsoever should be made to any staff member. Viewings must be arranged through
Savills and will be strictly by prior appointment.
Price
Please enquire for guide price.
View of Hobart Hall Hotel and its gardens

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Contact
For further information please contact:
Philip Johnston
Director
+44 (0) 20 7409 8815
pjohnston@savills.com
James Bradley
Surveyor
+44 (0) 20 7409 8771
jbradley@savills.com
20 Grosvenor Hill
London W1K 3HQ
Important Notice: Savills and their clients give notice that:
1. They are not authorised to make or give any representation or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for
any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statement or representations of fact. Any areas, measurements or distances are
approximate.
2. The text and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any
service, equipment or facilities. Purchasers must satisfy themselves by inspection.
Designed and produced by Savills Marketing: 020 7499 8644 August 2011
2011