Loughview Leisure Group acquire Hilton Templepatrick Hotel, Golf & Country Club
Wilson Nesbitt Partner; Drew Nesbitt (Real Estate), with firm Solicitors; Max Nesbitt (Corporate) and
Izabela Treacy (Real Estate), have advised Loughview Leisure Group on the acquisition of the 190-acre, 130-bedroom Templepatrick Hotel, Golf and Country Club from Hilton Worldwide.
This acquisition is the culmination of a four-year process. The Hilton Templepatrick Hotel is the most recent addition to the Loughview Leisure portfolio, who already operate Ten Square Hotel, Chimney Corner Hotel and the Loughshore Hotel.
£5 million redesign
Plans are set for an initial £5m redesign and refurbishment programme of the hotel and site, including the creation of a new luxurious spa and enhanced leisure facilities. Upon completion of the refurbishment programme the hotel will be rebranded as a DoubleTree by Hilton Hotel, the first in Northern Ireland, one of the most exclusive brands in the Hilton Portfolio.
First DoubleTree by Hilton in Northern Ireland
Drew Nesbitt commented “We worked closely with the Loughview team and their panel of advisers, to appreciate and understand their business model. This asset presents a fantastic opportunity, we as a team made it our mission to deliver on the acquisition as efficiently and effectively as possible.”
Stephen Carson (Group Operations Director for Loughview) commented;
“This was an extremely complex acquisition, but the team at Wilson Nesbitt worked meticulously with us over an extensive period and delivered to the highest standard.”
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