Harte and Garter, High Street – Windsor:
The Harte & Garter Hotel was purchased in a joint venture vehicle with Galliard Homes and Mapleleaf Group in the summer of 2006.
The property was bought vacant and leases were subsequently agreed with Wagamama and Folio Hotels Limited.
A complete refurbishment of the hotel was undertaken at a final cost of
£8 million.
The investment of the property was pre-sold to The Crown Estate at the beginning of the summer 2007 for £26 million.
The total rental income was £1.445 million pax.