Will Kirkpatrick

William is a Partner in the Hotel and Leisure Team, one of the largest dedicated specialist teams in the United Kingdom.  He provides specialist advice to the licensed and leisure property sector with a particular focus on hotels, serviced apartments and mixed use resort developments with clients ranging from hotel operators and investors, developers, landed estates and local authorities. Actively involved in valuations, acquisitions, lease consultancy and property advice within the sector since 2000.

Specific experience

Portfolio Optimisation: Client Partner and retained by Premier Inn to review their existing portfolio of over 600 hotels to provide 20% of their development pipeline. Advice includes identifying potential development opportunities within their portfolio, land acquisitions, negotiations with landlords, assessing and advising on restrictive covenants and various other third party consents.

Valuation: Providing valuation advice for company accounts/reviews, loan security, refinancing and for acquisition and disposal purposes on all types and classes of hotels from guest houses to upscale hotels together with services apartments for banks and other finance providers, operators and investors.

Recent hotel valuations instructions include: Antwerp Hilton, London Montcalm , Stapleford Park Country House Hotel, Best Western York, Wellcome Trust Estate, Grosvenor Estate, Kristensen Properties A/S and Bridgepoint Ventures.

Recent serviced apartments/extended stay valuations instructions include: SACO, Urban Living, StayCity and Halycon.

Recent resort valuations instructions include: Tranquillity Resort, Dominican Republic, Cornwall Hotel & Resort and Gwel an Mor, Cornwall.

Lease Consultancy: Advising on estate strategy, rent reviews and lease renewals including the review of all hotels for the Grosvenor Estate, Premier Inn, Cadogan Estate, Hotel du Vin, University of Cambridge and the creation of the PropCo/OpCo at the Corinthia Hotel in London.

Operator Portfolio Valuations: In consideration of company accounts, refinancing, disposals and acquisitions, for Whitbread Group, Mitchells & Butlers, Greene King, All England Club at Wimbledon, Extra and Moto.

Acquisition and due diligence advice on hotel and leisure properties, including advising Longleat Enterprise on the acquisition of Bishopstrow House Hotel and Homewood Park from Von Essen