Leigh Parsons

Leigh Parsons

MRICS

Director of Hotels Valuation

License # 5634785

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About

Professional Summary

Leigh joined Colliers International in Leeds in 2012 having previously held senior positions with two national specialist leisure and hotel property advisors. He has over 20 years’ experience in the valuation, sale and acquisition of hospitality and leisure property including a significant number of high-profile single asset deals representing both corporate and private clients. He also provides consultancy services and strategic advice to a number of multiple operator clients.

In addition to property asset transactions, Leigh has extensive experience in operational leases and management contracts. He has also handled a number development sites both on a site sale and turnkey delivery basis.

After attaining RICS Registered Valuer status in 2015 Leigh now specialises in the valuation of hotel property throughout the UK for a wide range or clients for lending, transactional and statutory purposes.

Accomplishments

  • Major going-concern deals included the sale of Monkbar Hotel in York for over £12m, at the time the largest ever independent private hotel sale in the North of England; Holbeck Ghyll Hotel near Windermere and Doxford Hall Hotel in Northumberland, each sold for between £7 million and £8 million in the depths of the recession.
  • Development sites sold included Sarah Tower in Manchester Picadilly (193 bedroom Premier Inn) out of receivership and the Hilton Hampton Hotel (150 bedrooms) in Liverpool.
  • Full portfolio review, consultancy and ongoing valuation advice to HF Holidays in relation to their portfolio of 20 country hotels throughout the UK.
  • Values around 50 regional hotels a year with values in the range of £500,000 to £20,000,000.
  • Qualified skydiver and self-taught Rubik's Cube solver!

 

Education

Ripon Grammar School and Warwick University

Memberships & Involvements

RICS Registered Valuer

Clients

We are on the specialist valuation panels of all major banks and lenders. Leigh has also acted for a large number of private hotel companies and individual operators as well as major corporate operators such as Sandman Hotel Group, Spirit Pub Company, Camerons Brewery, Punch Pub Company, Zolfo Cooper, HF Holidays and New River Retail.

Testimonials

"Preparation was thorough and second to none. How can you improve on perfection we won everything!! Performance well above my expectation. My only comment would be if and when I had another rent review or arbitration for that matter I would call Leigh straightaway  and ask him to sort it all out for me in all confidence knowing I was in good hands." - Harrogate hotel owner whom Leigh represented in a rent review arbitration.

"You were happy to chat through ahead of the formal instruction, to provide an indicative value and upon instructing, the visit took place in a very timely manner. You exceeded our expectations and Leigh was very approachable and happy to chat through over the phone." - Senior Relationship Manager, RBS.

"Speed of response was absolutely excellent. Leigh recognised these were time sensitive opportunities and jumped on them. Carry on doing what you are doing, especially if you can react as quickly as that. Met and exceeded expectations." - Director of regional specialist fund.

"To be honest I was very pleased by the service received from Leigh, as he: Responded quickly to my initial request; Understood what I and my customer required and was able to work within the necessary timescales; Provided a comprehensive report/valuation; Supported the transaction through completion when final sign off was required re a couple of issues raised under the RoT. All in all very pleased and I’ll certainly continue to use your services."  - Relationship Director, Nat West.

 

Services

Service Lines
Valuation & Advisory Services
Property Types
Retail, Hotels
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