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Vivek Chadha, director of Nine Group, said: “The Reading Moat House is a very strategic and long term purchase for our Group. Set overlooking the River Loddon, the property has five meeting rooms, a 120 cover restaurant, a 60 seat bar and adjoining public house benefiting from easy access to Reading town centre. The 129 bedroom property occupies 9.5 acres and is a Grade II listed 19th Century former mill house which was converted in the 1980s. JLL Hotels & Hospitality Group has advised on the sale of the Best Western Plus Reading Moat House, securing an undisclosed sum off a guide price in excess of £12.5m.

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