Brighton hotel The Grand to be sold

Grand dame: Brighton's most famous hotel  is to go on the market for around £55 million

Grand dame: Brighton's most famous hotel is to go on the market for around £55 million

First published in News by

The Grand is to be renovated and put on the market with a multi-million pound price tag.

The De Vere Group has announced a £4.2 million spending programme on improvements to the iconic hotel in Kings Road, Brighton.

It plans to sell the property after the refurbishment has been completed.

De Vere Group chief executive Andrew Coppel said the upgrade at the hotel will include a new spa, an improved bar and refurbished bedrooms.

The sale of The Grand will help De Vere to repay its £1.1 billion debt, all of which is held by Lloyds Banking Group. The 150-year-old hotel was rebuilt in 1984 following an IRA bomb which ripped through the property during the Tory Party conference.

It is one of 1,200 listed buildings in the city. A deluxe king-sized room costs £235 a night.

But in recent years it has faced competition from more fashion-conscious brands such as Hotel du Vin in Ship Street, Drakes in Marine Parade andmyhotel in Jubilee Street.

The Grand has been part of the De Vere Group portfolio for more than 20 years.

Mr Coppel said: “We will focus on golf hotels. We will spend £4.2 million on upgrading The Grand and I would expect that we will get £55 million back. We are spending the money because we feel the investment is worth it. The Grand is an iconic property and it is the ‘place to stay’ hotel on the south coast.”

For the full story see today's Argus.

Comments (7)

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6:00am Sat 2 Jun 12

mickeymonkeyman says...

hi the grand was the best,i was a member there for 20 years,they had a good manager,who retired early as the story goes wanted to spend more time with his family,hm.they then neglected the health club and its loyal members,it was like a club,they closed it down,then we all went to the metropole health club,no comparison,so we all left and went are own ways,the good old days,met lots of charming people,such is life.
hi the grand was the best,i was a member there for 20 years,they had a good manager,who retired early as the story goes wanted to spend more time with his family,hm.they then neglected the health club and its loyal members,it was like a club,they closed it down,then we all went to the metropole health club,no comparison,so we all left and went are own ways,the good old days,met lots of charming people,such is life. mickeymonkeyman
  • Score: 0

6:54am Sat 2 Jun 12

John Steed says...

just before the 1984 bomb destroyed it a ground floor room had just been refurbished including fully gold leafing its ornate plaster ceiling.
when rebuilt after the bomb the ornate plasterwork was never added to the new ceiling , shame really as it was as grand as any ceiling in the city
just before the 1984 bomb destroyed it a ground floor room had just been refurbished including fully gold leafing its ornate plaster ceiling. when rebuilt after the bomb the ornate plasterwork was never added to the new ceiling , shame really as it was as grand as any ceiling in the city John Steed
  • Score: 0

7:41am Sat 2 Jun 12

sajjad_haider says...

Hi, Everyone i m SAJJAD HAIDER Kindly i wanna say that, I used to work in THE GRAND HOTEL BRIGHTON as Kitchen Porter (KP)
And i Really Enjoyed to Work there, there was STAFF and ENVIRONMENT were Amazing Specially I never Forget (Chef. Alan, Chef Dasrat Kumarr And all Kitchen STAFF) So on My suggestion THE GRAND HOTEL is One of the Big And Beautiful HOTEL in the heart of BRIGHTON Me on My Self I Love THE GRAND BRIGHTON.
Hi, Everyone i m SAJJAD HAIDER Kindly i wanna say that, I used to work in THE GRAND HOTEL BRIGHTON as Kitchen Porter (KP) And i Really Enjoyed to Work there, there was STAFF and ENVIRONMENT were Amazing Specially I never Forget (Chef. Alan, Chef Dasrat Kumarr And all Kitchen STAFF) So on My suggestion THE GRAND HOTEL is One of the Big And Beautiful HOTEL in the heart of BRIGHTON Me on My Self I Love THE GRAND BRIGHTON. sajjad_haider
  • Score: 0

7:41am Sat 2 Jun 12

sajjad_haider says...

Hi, Everyone i m SAJJAD HAIDER Kindly i wanna say that, I used to work in THE GRAND HOTEL BRIGHTON as Kitchen Porter (KP)
And i Really Enjoyed to Work there, there was STAFF and ENVIRONMENT were Amazing Specially I never Forget (Chef. Alan, Chef Dasrat Kumarr And all Kitchen STAFF) So on My suggestion THE GRAND HOTEL is One of the Big And Beautiful HOTEL in the heart of BRIGHTON Me on My Self I Love THE GRAND BRIGHTON.
Hi, Everyone i m SAJJAD HAIDER Kindly i wanna say that, I used to work in THE GRAND HOTEL BRIGHTON as Kitchen Porter (KP) And i Really Enjoyed to Work there, there was STAFF and ENVIRONMENT were Amazing Specially I never Forget (Chef. Alan, Chef Dasrat Kumarr And all Kitchen STAFF) So on My suggestion THE GRAND HOTEL is One of the Big And Beautiful HOTEL in the heart of BRIGHTON Me on My Self I Love THE GRAND BRIGHTON. sajjad_haider
  • Score: 0

10:32am Sat 2 Jun 12

NickBrt says...

Could teh Counsil buy it to make it a Travellers site? That would be a very good use of it.
Could teh Counsil buy it to make it a Travellers site? That would be a very good use of it. NickBrt
  • Score: 0

10:55am Sat 2 Jun 12

GIVE UP says...

Why spend 4.5nil on refurbishment when you are going to sale surly the buyera will have their own ideas for the building
Why spend 4.5nil on refurbishment when you are going to sale surly the buyera will have their own ideas for the building GIVE UP
  • Score: 0

11:50am Sat 2 Jun 12

SimonS says...

For the same reason a lot of people put in a new kitchen etc before selling their house - normally it will increase the property value beyond the money spent on it, and increase the desirability of it too.
For the same reason a lot of people put in a new kitchen etc before selling their house - normally it will increase the property value beyond the money spent on it, and increase the desirability of it too. SimonS
  • Score: 0

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