Yeovil Court Hotel sold to first-time buyer

The property was sold for an asking price of £1.3m

Yeovil Court Hotel in Yeovil has been sold through specialist business property adviser, Christie & Co at an asking price of £1.3m.

The hotel has been acquired by an unnamed first-time buyer and newcomer to the hospitality sector.

The former owner, Brian Devonport, decided to retire from the industry following a 30 year ownership. During this time, the property developed a reputation as a wedding and events venue.

Matthew Smith, director at Christie & Co’s Bristol, said: “Yeovil Court Hotel is an established and profitable hotel that suited both a first time hospitality entrant or an experienced operator, and generated considerable interest within weeks of launching to the market.

“The sale of this hotel further demonstrates the demand for quality hotels across the South West region with buyers and banks showing increased appetite to purchase profitable businesses in this sector.”

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Shekina Tuahene

Shekina is a multimedia journalist who has lived in London all her life. She is an alumnus of University of Greenwich and Brunel. Shekina loves to read, travel, socialise and listen to music. If you have any story or feature ideas, feel free to drop her a line.

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