UK: The 38-room Glenridding Hotel, close to Lake Ullswater within the Lake District, has actually been obtained by the Inn Collection Group for an unrevealed amount.
The resort features a coffee bar, bar, conference as well as restaurant facilities, in addition to a nine metre indoor pool, sauna as well as games room. It will proceed trading until a soft repair and also remodelling of the building will certainly take place later in the year.
Previous proprietor, Hassan Ali, had been running the resort given that 2007. Graham + Sibbald managed the sale in support of Ali.
Martin Davis, supervisor with Graham + Sibbald, said: “We make certain that the Glenridding Hotel will confirm to be an outstanding addition to the Inn Collection Group, given the residential or commercial properties superb place near Lake Ullswater within the beautiful Lake District National Park..
” Despite the reality that the hotel was marketed by way of a confidential off market project, we were able to generate a high degree of interest in the Glenridding Hotel for our clients which demonstrates that the appetite as well as demand forever quality well situated resorts continues.
” We are pleased to have attained a good outcome for both our clients, the Ali family members, in addition to the purchasers, the Inn Collection Group that have actually protected yet one more hotel to add to their increasing profile. We wish the Inn Collection all the best with their newest procurement and anticipate viewing their proceeded development.”.
Sean Donkin, handling director for The Inn Collection Group stated: “The Glenridding Hotel is a real container checklist enhancement to the group. We are delighted to be expanding into additional essential Lake District areas in the UK’s the majority of visited national forest.
” Exceptional areas are quite a group USP and The Glenridding Hotel has this in spades. We eagerly anticipate improving the solid reputation this timeless website delights in and also improving this with a cautious repair in line with our Eat, Drink, Sleep as well as Explore concept as well as brand name.”.
The acquisition of The Glenridding Hotel complies with the team’s first development right into Wales in December with the acquisition of The Swallow Falls Hotel in the Snowdonia National Park.
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