Tue, 26 Nov 2019 | BUSINESS SALE
A popular country hotel at the gateway to the Brecon Beacons national park has changed hands in a deal brokered by real estate advisor Colliers International.
Llansantffraed Court, near Abergavenny, is a Grade II-listed property with 21 bedrooms situated on a 19-acre site with a lake, walled garden and helipad.
The site has origins dating as far back as 1670, with the main building being constructed in the mid-1800s. Since 1996, the hotel has been owned by Mike Morgan, co-owner and director of marketing consortium Welsh Rarebits Collection.
Morgan said he was choosing to sell Llansantffraed Court in order to focus on growing Welsh Rarebits Collection, which has a portfolio of nearly 40 luxury hotels in Wales.
“After 23 years, I just felt that the time was right to hand over the reins to someone else, and to focus my energy on my other business interests”, Morgan said, “But I am delighted that the sale has gone through and that a new chapter is about to begin for this grand property.”
Peter Brunt, Head of Hotels Agency at Colliers International, said: ‘’We’ll watch with interest to see what the future holds, the property has a great presence unique to Monmouthshire.”
“The previous owners have successfully run the property and now is the opportunity for the next chapter in its long history. The raise in popularity of these types of properties for wedding venues and exclusive hire events was demonstrated by the considerable interest received.”
This is a brilliant opportunity to take on a traditional British pub serving an array of food and drinks, situated in the idyllic Somerset countryside. Its 4 years under present ownership has seen the pub achieve notable success, with a strong financ...
LEASEHOLD
The Company has a long-standing heritage and was one of the first water sports companies to launch in the UK. Now the Company has established itself as a well-known, high-quality brand supplying a range of products in the sector. All products are des...
LEASEHOLD
Multiple award-winning business. Solid range of quality cask ales, bitters, beers, porters and stouts. Strong branding which has local meaning but would have national appeal. Portfolio of distinctive pubs in key locations. Profitable track record, ag...
|
24
|
|
Jan
|
Hawkin’s Bazaar enters administration | ADMINISTRATION
Norwich-based novelty toy retailer Hawkin’s Bazaar has...
|
23
|
|
Jan
|
MBO at Bristol-based media training firm | MBO/MBI
Mentor Media Training has been acquired by lead consultant D...
|
22
|
|
Jan
|
Chelmsford warehouse management firm bought by software provider | BUSINESS SALE
Chelmsford-based warehouse management solutions provider Min...
Sign up to receive our acquisition alert emails to get your FREE guide
|
02
|
|
Dec
|
Administrators put cut price Bicester boutique hotel up for sale | BUSINESS SALE
The Manor, a 32-bedroom hotel near Bicester, Oxfordshire, ha...
|
15
|
|
Apr
|
Huge demand for provincial UK hotels from overseas buyers | BUSINESS SALE
Overseas buyers are swooping in to buy UK hotels, as they se...
|
30
|
|
Jan
|
Famous Lake District hotel for sale at £2m | COMMERCIAL PROPERTY
A famous hotel in the North of England which welcomed guests...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources