Thames Hotel in Maidenhead sold for £2.45m

The Thames Hotel in Maidenhead has a new owner following 30 years in family ownership.

The sale was managed by business property advisor, Christie & Co, who confirmed that it had been sold off of a guide price of £2,450,000.

The Thames Hotel has been independently owned and operated under the stewardship of the Owen family since 1994, who have substantially upgraded hotel’s facilities by expanding its range of services and have significantly widened the hotel’s customer base.

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Previous owner, Cliff Owen, said: “While it is of course sad to be selling a business with which we have been involved with for almost 30 years, now is the right time to step back.

“We wish the new owners every success during their ownership of this great and profitable hotel on the banks of the River Thames.

“Most importantly we would like to thank the staff, with whom we have shared this memorable journey, for their hard work and dedication over the years.”

Originally built in 1886, The Thames Hotel is sits along the banks of the River Thames and has built a reputation in Maidenhead for its accommodation and food and beverage offering.

The hotel features 33-bedrooms, a bar and restaurant and an external River Thames terrace.

Ed Bellfield, Regional Hotel Director at Christie & Co, who handled the sale, adds, “The sale of The Thames Hotel represents an exceptional opportunity for the new owners to benefit from a highly successful hotel business with significant repeat patronage, largely due to its continued ownership and continuity within the same family since 1994.

“The reputation and success of the business is testament to the family stewardship over recent decades, combined with its enviable location on the banks of the River Thames.

“We wish Cliff well on his retirement and the closing of a long-established chapter.”