The Hotels Agency team at Colliers International has completed the sale of The Chichester Hotel, in Wickford, Essex, a charming and historic boutique venue, to hotel operators, Bright Hospitality Group (BHG), as it continues to expand its national portfolio.
The hotel takes its name from Sir John de Chichestre, who was the original occupant of Chichester Hall, a 13th century moated farmhouse, which still survives to this day. Two of the farm buildings still stand and were renovated as the Essex Barn and the Stable Inn. This former farmhouse boasts 36 en-suite bedrooms, a busy bar and restaurant and three event spaces, that can be used for meetings, dinners, family celebrations and weddings.
The hotel lies in the heart of the countryside district of Rochford and is rich in history, boasting numerous medieval churches. It is often chosen by guests visiting the following towns: Rayleigh; Rawreth; Battlesbridge; South Woodham Ferrers; Basildon; Chelmsford; Billericay; Southend-on-Sea; Canvey Island and Brentwood.
Paul Barrasford, Director in Colliers International’s Hotels Agency team, commented: “The Chichester’s strong trading location supports a broad mix of revenues. It is a popular midweek base for corporate clientele. On the private side, it has also long been of the region’s favourite venues for a wide array of events including family celebrations, theme nights and weddings.
Brothers Zishan and Imran Zaman, Bright Hospitality Group’s directors, commented: “We are delighted to have acquired the lease. The property is a great strategic fit to our expanding portfolio of regional hotels. The Chichester is an established business and we intend to build on the that success, working hard with the passionate team we have on site and investing in some areas of the property. We are also considering branding options for the hotel operation.
BHG bought its first site in 2005 and has since become an established hotel owner and operator. The addition of the Chichester Hotel takes its portfolio to 12 properties.
Colliers International acted on behalf of private vendors. The leasehold interest was sold for an undisclosed sum.