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The Inn Collection Group (ICG) has revealed it has acquired Morecambe’s iconic Midland Hotel for an undisclosed sum as it looks to expand its presence on the Lancastrian coast.
The art-deco building in the Streamline Moderne style, The Midland has been purchased from its previous owners, the Clitheroe-based charity, Lancaster Foundation.
The Midland is ICG’s third acquisition in Lancashire and joins The Lindum and The Carlton in Lytham St Annes, which is currently undergoing renovations and conversion into a 99-room single site.
It is also the group’s fourth acquisition since the start of October, after ICG completed a pair of deals to take over properties in North Wales, The Bull in Beaumaris and the St Kilda Hotel in Llandudno and expanded its presence in Cumbria with the purchase of The Wordsworth Hotel in Grasmere.
Sean Donkin, managing director of The Inn Collection Group, said: “We are delighted to bring The Midland into the group and bring in an establishment that is held in such high regard. It is a site that has a unique positioning with loyal fans worldwide and it is exciting to become its custodian.
“We are very keen to retain what is special about The Midland and see it very much as a protection project, looking after the fabric of the building and ensuring that it continues to occupy a prominent place not just in its physical location, but in peoples’ hearts for many years to come. Overlooking the bay and the sunsets with the Lakeland fells as the backdrop are something that I love and I’m looking forward to seeing many more people enjoy them too.”
Bringing ICG’s estate to 35 sites across the north of England and North Wales, the sale allows the Lancaster Foundation to re-invest into increasing its assets and in turn grow its funding to support the needs of the hundreds of charitable projects it supports across the UK and Africa.
Chris Richardson, development director of Lancaster Foundation, said: “We are very pleased with the outcome of this sale. The charity will continue to grow its funding to support the increasing needs of the charities that we support.”
