The Imperial Hotel has been acquired by the Brownsword Hotel Group and will become the third Devon property in family-owned portfolio.
The hotel in Torquay is in the process of being acquired by Christina and Andrew Brownsword who have also revealed they will embark on a sympathetic restoration and refurbishment project at the hotel over the next two to five years.
The 19th century Victorian four-star hotel overlooks Torbay on the coast of Devon and will join Gidleigh Park and the Royal Clarence Abode in Exeter as the third Andrew Brownsword property in the region.
The acquisition follows the news in July that the group are to take over the Old Swan Inn and Minister Mill from the De Savary family.
Andrew Brownsword comments: “We, like many people in the industry, remember fondly the heyday of The Imperial. The hotel benefits from a very special location on the Devonshire coast and we look forward to working with its team to begin the next chapter of its history. We will be restoring The Imperial with the aim that it will become one of Britain’s very best seaside hotels.”
Martin Rogers, head of UK hotel transactions at Savills, comments: “We are very pleased to confirm that Christina and Andrew Brownsword are in the process of purchasing the Imperial Hotel in Torquay. This is a particular milestone as it marks the first sale within the 10-strong portfolio of regional UK hotels known as Project Solstice, which Savills and Rothschild are marketing on behalf of The Hotel Collection.”
Other hotels in the growing Brownsword portfolio include The Bath Priory, Amberley Castle, Buckland Manor, The Slaughters Manor House, Slaughters Country Inn and The Old Swan Inn & Minster Mill.