Coplan acquired the site in May 2006 as a long-term redevelopment opportunity providing existing income. Planning consent for the redevelopment of the upper floors was obtained in March 2013.

An agreement for the lease was signed with Premier Inn Hotels Ltd on institutional terms. Following further negotiations regarding the restaurant opportunities at ground floor, the site was subsequently sold to Whitbread Group Plc for a Premier Inn and Beefeater redevelopment.

Project Details

£15m mixed-use town centre scheme
Existing 2 – storey 30,000 sq. ft. bowling alley / leisure operation
Planning permission obtained for 4 storey 119 bed hotel above the bowling alley
Hotel pre-let to Premier Inn, site sold to Whitbread Group PLC

St Nicholas Way, Surrey