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21st Jul 2014New owners for Shrubbery Hotel in Ilminster

The Shrubbery Hotel, a popular landmark building in Ilminster, has been sold to new Somerset-based owners who plan to improve the hotel, which is also used as a wedding venue and conference centre. The...

17th Feb 2014Freehold of Black Horse pub in Newport sold for residential property development

Commercial property consultancy Alder King in Cardiff has sold the freehold of the former Black Horse Inn site in Newport to a local private developer for £160,000. The 0.35 acre site on...

11th Feb 2014Ayrlington hotel in Bath sells for over £2.5m

The Ayrlington, a well known Bath hotel with a turnover of £505,710 net of VAT, has been sold by Colliers International for well above the £2.5 million asking price. Built in the early...

6th Feb 2014Gregory Property Group secures forward sale of Harrogate leisure development to offshore trust

An unnamed offshore trust has bought the Gregory Property Group's hotel and gym development on Tower Street in Harrogate town centre on an initial yield of 7 per cent. Leeds based Gregory...

31st Jan 2014Travelodge, Taunton sold to RO Regional Properties for c. £2.6m

Following the appointment of Kevin Mersh and Matthew Nagle of Savills as joint LPA Receivers, the firm’s investment team has sold the Travelodge, Riverside Retail Park in Taunton to RO Regional...

15th Jan 2014Planning approved for Whitbread's Premier Inn and Brewers Fayre in Abergavenny

Planning consultancy Turley Associates has secured planning permission for a new 61 bedroom Premier Inn and a 180 cover Brewers Fayre restaurant at Llanfoist Farm in Abergavenny, Wales acting on behalf...

26th Nov 2013Bangs hair salon property in Bournemouth sold

Goadsby Hotels and Leisure Division has recently sold Bangs Hair salon at 106 Castle Lane West, Bournemouth to new owners Stuart Clarke and Tracey Hemming. The business premises, which have been...

22nd Nov 2013Malt & Hops pub in Hythe, Hampshire sold to private investor

On behalf of Punch Taverns, Savills has sold the freehold of the Malt & Hops in Hythe, Hampshire to a private investor. The pub was offered at a guide price of £300,000. The detached...

8th Nov 2013Commercial Property Blog: The hotels market in the South West is buzzing

This summer’s hot weather and a generally upbeat business mood have created a real buzz in the West Country’s hotel market. Sales transactions have risen 28 per cent in the past year as...

10th Oct 2013Goadsby Hotel & Leisure sells three hotel businesses in Bournemouth

The Hotels and Leisure Division of Goadsby has sold three diverse hotel businesses in the Bournemouth area for a combined guide price of £1.8 million.  The Sandy Bay Guest House, located...

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