BH Group acquires Windermere and four other hotels in UK
UK-based business property adviser Christie & Co has facilitated the sale of the properties.
The Windermere Hotel features 74 en-suite bedrooms. Amenities available at the property include two restaurant areas, a public bar, gardens, and a private car park.
The property is the inaugural hotel established in the Lake District in 1847 in Windermere.
Christie & Co local hotel agent Graham Wilkinson said: 'We are pleased to have worked with the vendors and purchasers to complete this acquisition of a significant and well-known Lake District hotel.
'It reflects the confidence in the hotel sector in Cumbria and the Lake District. BH Group pursued this hotel with vigour, and we are delighted to have reached this successful outcome. We know they have very exciting plans for this hotel.'
In addition to The Windermere, BH Group purchased the Imperial Hotel in Exmouth, the Burlington Hotel in Eastbourne, and both the St Ives Bay Hotel and Ship and Castle Hotel in Cornwall.
BH Group chief information officer James Routledge said: 'These hotels form the basis of our drive into the growing staycation market. We are excited by these opportunities and others we are currently seeing in the market.'
Christie & Co Hotels director Stephen Champion said: 'This latest transaction takes us to a total of 31 successfully completed Coast & Country sales to a wide range of buyers.'
The sale of The Windermere Hotel follows Christie & Co's recent facilitation of The Merrion Hotel in Llandudno, North Wales, which was acquired by Four Saints Hotels for an asking price of £4.5m ($6.02m).
"BH Group acquires Windermere and four other hotels in UK" was originally created and published by Hotel Management Network, a GlobalData owned brand.
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