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The Philipburn Hotel, which is part of the Best Western Group Signature Collection Brand, has been sold to new owners off a guide price of £1.35m.
The property has 20 letting bedrooms, garden rooms, a bar, restaurant, meeting and function facilities, including the capacious Linglie Function Suite.
It also offers gardens, a seating terrace and an open air pavilion ideal for wedding ceremonies. In addition, there are 3 x 2 bedroom apartments for private/staff accommodation.
The Philipburn Hotel is located on the outskirts of the popular Scottish Borders town of Selkirk and the Borders are renowned for the wonderful countryside and extensive range of rural activities.
The Philipburn Hotel has been sold by Ian and Marie Wells who have owned and operated the hotel for over 16 years and have renovated the hotel to a “high standard”.
The new owners are Adrian Leopard and Graham Hobson, who have moved from Gloucestershire, and have plans to develop and promote the hotel to encourage new custom, especially weddings and events.
The company running the hotel is All Seasons Philipburn Ltd which is a wholly owned subsidiary of All Seasons Hotel Holdings Ltd.
Amongst the ideas the new owners bring to the business is All Seasons Cars, a fully registered private hire car business which was previously operating in Gloucestershire. In opening the hotel facilities up to the local people, Leopard and Hobson hope that their all-electric taxi service with the mantra “don’t drink and drive” will encourage patrons, especially with a guarantee of a taxi ride home at closing time!
Alistair Letham, a Hotel + Leisure Consultant with Graham + Sibbald, said: “Having sold the Philipburn to Ian and Marie Wells I am delighted to have acted in the sale to facilitate their well-earned retirement. New owners Adrian Leopard and Graham Hobson have an excellent hotel product and business base from which to further develop additional custom.”
Graeme Smith, director with Smith and Clough who handled the sale, said: “The Philipburn Hotel is a fantastic business that has built up an excellent reputation under the ownership of Ian and Marie over the last 16 years and it was a delight to be instructed jointly with Graham and Sibbald to handle the sale.”
