Dating back to the 15th-Century the historic Theobalds Estate was once the favourite country seat of King James I, before becoming a hotel in the 1990s. The 140-bedroom hotel in Cheshunt, Hertfordshire is set in 55-acres of Italian gardens.
Built in 1763 the Grade-II listed building exterior features turrets, arched windows and a red brick façade with 21st-century style.
Manish Gudka, CEO of Aprirose, said: “Our hotel business continues to go from strength to strength. We’re continually looking for assets that we believe will flourish in our portfolio. Under the leadership of our hotel team we are developing market leading hotels in this thriving sector.”
The sale comes as a continuation of Starwood’s programme of selling its non-core hotels which it began back in 2017.