Agents for £8m luxury Bath hotel expect ‘significant interest’ as it stays closed to guests

July 1, 2020
By

Bath’s four-star Lansdown Grove Hotel has been put on the market with a £8m-plus price tag just over a month after its parent group went into administration.

The 61-room hotel, pictured, on Lansdown Road was part of the Country Living Hotel group, whose overall owner the Specialist Leisure Group, which ceased trading in May due to the impact of Covid-19. 

At the time Specialist Leisure’s administrators said the hotel would remain closed while they started to sell the group’s assets to pay creditors before winding up the business.

The Lansdown Grove, which had operated under Specialist Leisure’s Country Living Hotels brand, is now being marketed by upmarket estate agency Savills’ Exeter-based hotels team.

It said the 18th-century Grade-II listed venue had recently benefitted from significant investment to upgrade its bedrooms and public areas. The property also has a reception lounge, lounge bar and restaurant, plus private, lawned gardens.

Savills associate director James Greenslade said: “Bath is a well-known tourist destination steeped in history and beautiful architecture.

“Lansdown Hotel is excellently positioned to offer the over 700,000 tourists that visit the city each year with high-quality and modern accommodation close to some landmark tourist locations. We expect there to be significant interest in the asset.”

Wigan-headquartered Specialist Leisure also owned a number of UK, Europe and worldwide tourism and travel-related businesses spanning hotels, travel agents, river cruises, and holiday firms.

These included Shearings, the coach holiday brand which had been in business for 117 years, National Holidays (trading as Caledonian Travel), UK Breakaways and Wallace Arnold Travel.

It operated 44 hotels under the Bay Hotels, Coast & Country Hotels and Country Living Hotels brands. The Lansdown Grove, along with the St George In Harrogate, were the only two hotels making up the Country Living Group.

The brand was launched two years ago as a spin-off from Specialist Leisure’s Coast & Country Hotels division and followed an extensive refurbishment of the Lansdown Grove in partnership with Country Living magazine.

 

 

Comments are closed.

ADVERTISE HERE

Reach tens of thousands of senior business people across the Bath area for just £75 a month. Email info@bath-business.net for more information.