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Specialist property business adviser Christie & Co has completed the sale of The Langport Arms Hotel in Langport, Somerset.
The Grade II-listed property is comprised of nine en-suite letting rooms, a two-storey, one-bedroom cottage and planning permission to create a further three letting bedrooms in the outbuildings.
The hotel was listed after former owner Malcolm Maynard retired and sold off a guide price of £645,000.
New owner Howard Slater of Rebus Securities will inherit a team to operate the business and said of the sale: “We are delighted with this acquisition and are looking forward to working with the staff to continue the excellent standards which the hotel already enjoys.”
Matthew Smith, director at Christie & Co’s Bristol office said: “The sale of The Langport Arms Hotel further demonstrates the demand for hospitality businesses that offer clear upside to further enhance the trading performance.
“Howard will come with his own ideas to further increase the offering and we wish him all the success for the future.”
