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The Mercure Banbury Whately Hall Hotel, a 17th Century property in Oxfordshire, has been sold for £4.25m.
The 3-star property features 69 en-suite bedrooms, six meeting rooms, and has a venue for weddings and events that can hold up to 180 guests.
Alex Campbell, director at Christie & Co, said: “The hotel attracted an acute level of interest and we received a number of offers from a variety of international investors. The new owners will invest in the property and drive it forward capitalising on the busy Banbury market.”
Rajiv Nathwani, director at Serani Hotels, said: “Whately Hall presents a fantastic opportunity for Serani Hotels to bring this popular and well-known hotel back up to the four star standard. The iconic building in a wonderful location, is an ideal addition to our growing portfolio.”
