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A substantial new hotel is coming to Loughton, Essex, following a deal between Higgins Group and Travelodge. Strettons has advised on the deal for its client, Travelodge.

Higgins Group, a leading contractor developer operating across London and the South East, is progressing the redevelopment of its current headquarters on Langston Road to create the 100-bedroom Travelodge hotel.

Dominic Higgins, Chief Operating Officer of Higgins Group, said: “We are thrilled to have reached an agreement with Travelodge and to have commenced construction of the project. This will cement the next stage of Higgins Group’s commitment to Loughton whilst delivering benefits to both our company and the wider area.”

Tony O’Brien, UK Development Director of Travelodge, comments: “The Langston Road site fits our development criteria given its excellent location with good transport links within a growing area. Strettons’ expert market knowledge was vital in securing the site and in realising the potential of our development plans. We are pleased to have exchanged and to be involved in a scheme that is looking to the future environmentally and will bring economic benefits to Loughton, both during the construction phase and in the future.”

Chris Collins, Strettons Director, said: “This promises to be a significant project for Loughton and I am delighted that we were able to advise on the deal for our client, Travelodge. This is the latest in a series of acquisitions we have completed on behalf of Travelodge and we are continuing to identify further possible sites across London and the South East.”

Strettons has worked with Travelodge since 2007 and has advised the company on a wide range of new sites throughout East and North London.

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For further information:

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For further information please contact Chris Mitchell at RedTree PR on 07743 897 748 or email Chris.Mitchell@redtreepr.com

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