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.”
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...
Well established and reputable wedding service provider. Specialism in designing bespoke, innovative and creative wedding Mandaps and stages. Expertise in staging events in prominent, large-scale London venues. Upward trend in average transaction val...
Places candidates in temporary, freelance and permanent positions on behalf of both corporate events departments and events agencies.Constantly growing client base, presently circa 100 clients, around 95% of whom provide repeat business. Offers invit...
LEASEHOLD
|
31
|
|
Mar
|
Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS
The UK government has launched the Coronavirus Business Inte...
|
30
|
|
Mar
|
Tech group The Panoply acquires consultancy firm Ameo | BUSINESS SALE
Business consultancy firm Ameo has been acquired by AIM-list...
|
27
|
|
Mar
|
Addison Lee acquired by consortium of investors | BUSINESS SALE
Addison Lee Group, London’s biggest private care hire ...
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