UK: The Hickstead Resort in Bolney, West Sussex, and The Grovefield Home Resort in Burnham, Buckinghamshire, have been bought to resort and serviced house firm Uno Inns for an undisclosed worth.
Uno will run the 2 property by two new corporations: Cumberland Belongings Ltd and 4 Hillside Belongings Ltd.
The Hickstead Resort provides 52 bedrooms, a 60-cover bistro, a bar and lounge, in addition to convention and marriage ceremony services.
The Grovefield Home Resort options 40 bedrooms, a. 80-cover restaurant, a bar and lounge, assembly and occasion area in addition to landscaped gardens.
Vijay Singh Bhandari, founder and director of Uno Inns, mentioned: “We’re delighted to have acquired The Hickstead Resort and The Grovefield Home Resort. Each the motels are improbable historic nation resort companies that profit from a loyal base of each leisure and company guests. I’m thrilled to be working with the native groups and have ambitions to replace and refurbish the motels to make them vacation spot resort venues to go well with the calibre of company we’re trying to welcome.”
The properties had been bought in a confidential advertising course of on behalf of undisclosed purchasers by Colliers.
Julian Troup, head of the UK motels company crew at Colliers, mentioned: “The sale of those motels was carried out in a extremely confidential method, and but regardless of this we nonetheless managed to generate aggressive curiosity from a various vary of patrons, indicative of the standard of those properties and their strategic areas.
“Now we have seen 2024 get off to a powerful begin within the motels market and these gross sales takes us to 17 accomplished UK motels gross sales already this yr and we consider we are going to proceed to see critical curiosity from each home and abroad patrons all through the 2024,” he added.
