Crest Hotels acquires the Tiverton Hotel for £2.95m

Devon’s Tiverton Hotel has been sold off a guide price of £2.95m to the privately owned and managed hotel group, Crest Hotels. The property’s takeover was completed within two weeks of coming to market, following its previous continuous ownership of Rhys Roberts and Claire Heaven-Roberts since 1997. Constructed in 1971, the site contains 69 ensuite […]

The Glenburn Hotel on sale for over £1.1m

The Glenburn Hotel in Rothesay on the Isle of Bute, has been brought to market for a price of over £1.1m. The hotel, which was placed in administration in August this year, was “extensively” refurbished in 2016 and features around 121 guest rooms, ballroom, restaurants, bars, terraced gardens and holiday cottages. The administration was caused […]

Hand Picked Hotels Expand Portfolio in the Channel Islands

The acquisition includes the Fermain Valley and Ziggurat hotels in Guernsey and The Braye Beach Hotel in Alderney, taking the group’s portfolio to 22 hotels across the UK and the Channel Islands. Fermain Valley is an established resort hotel in Guernsey’s St Peter Port, with 49 bedrooms – including four stunning tree house suites – […]

M&T Expand Portfolio with Two New Major Hotels

The Hampton by Hilton Waterloo (297 keys) and the Doubletree by Hilton, York (143 keys) are the latest additions to the M&T portfolio, taking the number of hotels to 25 and rooms under management to over 3,500. Both hotels were acquired from Shiva Hotels by Conker Dawn Limited, a new hotel investment vehicle led by […]

The Grant Arms Hotel brought to market for £1.85m

The Grant Arms Hotel in Grantown-on-Spey has been brought to market off a guide price of over £1.85m. Located centrally on the Square in Grantown-on-Spey within the Cairngorms national park, The Grant Arms Hotel is a traditional town centre hotel and is an historic listed building with accommodation over four principal floors. The hotel provides 51 […]

The Mulberry Inn brought to market

The Mulberry Inn, situated in the Ceiriog Valley, North Wales, has been brought to market with an asking price of £895,000. The detached two-storey property with two-storey extensions, comprises 18 rooms with planning permission for an additional five or six, a bar and restaurant, lawned gardens and decking area, and parking for approximately 20 vehicles. […]

Gem Hotels acquires Wardrobe Court in £70m deal

Gem Hotels has acquired Wardrobe Court in central London from leading UK property company British Land in a £70m deal. Wardrobe Court is a freehold collection of interconnecting townhouses totalling 92 serviced apartments with its own private car park, and is located close to St Paul’s Cathedral. CBRE, who handled the sale, said the historic […]

Cambridgeshire hotel brought to market for £1.2m

A Cambridgeshire hotel that is thought to be one of the oldest surviving hostelries in Wisbech has been brought to market for £1.2m. The Grade II listed Rose and Crown Hotel reportedly dates back to 1461. The 29-bedroom coaching inn sits in Market Place in the heart of Wisbech, a market town that is otherwise […]

Coldeast Mansion sold off a guide price of £3.5m

Coldeast Mansion in Sarisbury Green has revealed that it was sold to Fern Property Ltd off a guide price of £3.5m. The hotel which fell into administration was brokered by Savils and sold on behalf of Edward Avery-Gee and Daniel Mark Richardson, joint administrators for the property. The former mansion house was converted into an […]

UK remains an attractive destination for hotel deals

The past few weeks alone have seen numerous UK hotels snapped up by eager buyers. Vine Hotels, the Inn Collection Group, and Crieff Hydro have all extended their portfolios since the start of August. Yet, the sector continues to be blighted by travel restrictions and staff shortages, begging questions of who is driving this M&A […]