Crabwall Manor Hotel & Spa has been sold off of a guide price of £6.45m, on behalf of a UK family office, to an investment vehicle owned by the shareholders of Legacy Hotels & Resorts.
The hotel will be managed by Legacy Hotels & Resorts who operate a portfolio of branded and independent hotels across the UK and Southern Spain, with in excess of 2,800 guestrooms across the existing portfolio and pipeline of new build projects.
Henry Jackson at Knight Frank acted for the sellers.
The four-star Crabwall Manor Hotel & Spa in Chester, has 48 en suite bedrooms, alongside a purpose-built bar, the Earl of Chester restaurant, and leisure centre and spa.
The hotel undertook a comprehensive £1.5m renovation in 2014 and was acquired with additional planning permission to expand the conference facilities and add a further seven letting bedrooms – these works are scheduled to commence early in 2018.
Andy Townsend, CEO Legacy Hotels & Resorts, said: “Crabwall Manor Hotel & Spa is a well-established addition to our striking regional country house hotel portfolio, following the addition of New Place Hotel Southampton earlier this year. The popularity of the hotel is testament to its success and potential, and demonstrates how Chester continues to establish itself as strong location for the hotel and hospitality sector.
“I last operated in the region nearly 25 years ago when I was at what was The Parkgate Hotel on Boathouse Lane, Parkgate and it’s a privilege to be back and owning one of the region’s premier hotels.”