De Vere Venues’ High Wycombe hotel and conference centre, Uplands House, could be demolished and the site redeveloped into 16 residential homes if plans are agreed.
According to the Bucks Free Press, talks have begun on the proposed redevelopment by Redrow Homes, which would see the site demolished. A public exhibition into the proposal was held last Friday in Hughenden Valley.
De Vere Venues Uplands House currently stands with 74 en suite rooms and 23 meeting and training rooms for up to 250 delegates.
“The team is currently working through all the feedback forms as we prepare our planning application to be submitted to Wycombe District Council in the summer,” says a spokesman for Redrow Homes.
De Vere Group was quoted in the Bucks Free Press as admitting it was in discussions about the sale and said it would continue to operate it until a sale is agreed. The venue group declined to offer any further comment to CN.
CN reported in April that De Vere Venues was looking for a buyer for its conference business following a number of “unsolicited approaches from interested parties”.
The group has 30 venues and 3,000 bedrooms accommodating circa 700,000 conference and meeting delegates per annum.
De Vere Venues has mandated Lazard, the investment bank, to conduct a sale process.
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