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UK: Brownsword Hotel Group has bought The Imperial Hotel in Torquay, its third property in Devon.
UK: Brownsword Hotel Group has bought The Imperial Hotel in Torquay, its third property in Devon.
The family-owned portfolio is run by Christina and Andrew Brownsword who will embark on a major restoration and refurbishment project at the hotel over the next two to five years.
The Imperial will join Gidleigh Park and the Royal Clarence Abode in Exeter as the third Brownsword property in the county.
Andrew Brownsword said: “We, like many people in the industry, remember fondly the heyday of The Imperial. The hotel benefits from a very special location on the Devonshire coast and we look forward to working with its team to begin the next chapter of its history. We will be restoring The Imperial with the aim that it will become one of Britain’s very best seaside hotels.”
Martin Rogers, head of UK hotel transactions at Savills, said: “We are very pleased to confirm that Christina and Andrew Brownsword are in the process of purchasing the Imperial Hotel in Torquay. This is a particular milestone as it marks the first sale within the 10-strong portfolio of regional UK hotels known as Project Solstice, which Savills and Rothschild are marketing on behalf of The Hotel Collection.”
The Brownsword portfolio includes The Bath Priory, Amberley Castle, Buckland Manor, The Slaughters Manor House, Slaughters Country Inn and The Old Swan Inn & Minster Mill.
www.brownswordhotels.co.uk
