Built in 1897, the hotel features 30 sea-view bedrooms, extensive bar and dining facilities and an original ballroom.
The Grade II listed property came to the open market through Christie and Co in June, following the previous owners’ decision to retire earlier in the year.
Belinda Cammell, who ran the hotel with her husband and sister, said: “It has been our pleasure to have been involved with the hotel for the last 27 years and we are grateful to be leaving with many happy memories.
“We have worked with the most wonderful colleagues and thank them all for their hard work and dedication over the years. Thank you also to all of our very loyal customers, many of whom we are pleased to call friends. We are so pleased that City Pub Group is taking over the hotel to move it forward and we wish them every success.”
“We are continuing to grow and this purchase fits into our strategic plan to buy highly profitable businesses to which we can add value with our buying power and the highly experienced management team we have in place. We are looking forward to investing in the property further and to trading the hotel into the long term.”