Hand Picked Hotels has exchanged contracts to sell The Priest House Hotel, Derbyshire, as the group focuses on larger hotels for its award-winning collection.
The Priest House Hotel is being sold to Derbyshire businessman Stuart Garner, CEO of Norton Motorcycles, based near the hotel in Castle Donington.
The hotel is being sold as a going concern and employees will be transferred to the new owner. The sale will be completed on 29 January.
Stuart Garner said: “Already owning and operating Donington Hall, the acquisition of The Priest House Hotel our neighbouring property, makes perfect sense. Combining the two properties gives operational scale and a fabulous offering to our clients. With a combined 80 acres of grounds, bordered by an ancient deer park and the river Trent, our location is second to none.”
Set in 54 acres of grounds at Kings Mills, Castle Donington, in picturesque countryside, the AA 4 Star/2 Rosette Priest House Hotel is a converted Norman mill tower and 17th century cottage on the banks of the River Trent, with 42 guest bedrooms and suites, and extensive conference and banqueting facilities.
As part of the move to focus on larger hotels in strategic locations, Seiont Manor Hotel, Caernarfon, was also put up for sale by Hand Picked Hotels earlier this year with an asking price of offers in the region of £2million for freehold interest.
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