Serviced office providers Office Space in Town (OSiT) has announced that it is leading an investment group to acquire Burgh Island Hotel, located on an art deco island off the coast of the UK.
OSiT will become the new owners of the island, which includes both the hotel and the island’s pub, the Pilchard Inn, which was established in 1336. The hotel will undergo a multimillion pound renovation, lasting a total of 12 months, but will retain the properties 1920’s theme.
Guests have included Agatha Christie, the Beatles, who stayed at the hotel when they were playing a concert in nearby Plymouth, and Noël Coward, who used it as a relaxing getaway retreat.
Giles Fuchs, co-founder and CEO of OSiT, said: “We are extremely excited to acquire Burgh Island, including its iconic hotel, which has been one of Britain’s most distinctive destinations for almost a century. Over the years it has attracted a cultural tapestry of visitors and played a unique part in the country’s history.”
Vlad Krupova, general manager of the Burgh Island Hotel, added: “The team at Burgh Island is delighted to be working with OSiT and their team to further improve the hotel’s amenities and continue the journey to further its rightful place as a national treasure as well as a top domestic and international leisure destination. We are immensely proud of the hotel’s history and heritage.”