UK: A boutique hotel in the Cotswolds has been sold in a deal brokered by Colliers International.
The 18-room hotel, which also features Cutler’s restaurant, a meeting suite, a car park, gardens and a two-bedroom cottage which can be used as staff or self-catering accommodation, was bought by Old Amersham Hotels for an undisclosed sum. It had been on the market with Colliers since February, with a guide price of £1.95 million.
Old Amersham Hotels Director David Ashfield said: “We have six hotels, three here in the Cotswolds and three more in the Chilterns providing high quality service for the tourist and business markets. Number Four at Stow makes a great addition to our portfolio. It is a real asset and is in great shape. Our first objective will be to make sure more people know about it.”
The purchase was brokered by Hotels director Peter Brunt, who also handled the sale of the Horse and Groom at Upper Oddington to Old Amersham Hotels last year.
Brunt said: “Number Four at Stow is a great fit for this ambitious, high quality brand. It had been run by sisters Caroline and Patricia Losel, and was ranked as one of the top 10 in the UK by Tripadvisor. With high quality competition everywhere you look it’s a real challenge to be recognised as one of the best hotels in the Cotswolds – but Number Four is Number One for locals and visitors alike, and it makes an excellent acquisition for the Old Amersham Hotels group.”
The original building was a two-storey public house and then became the Roman Court Hotel. The sisters bought the property in 2010 and completed a comprehensive refurbishment.