Established hoteliers Ian & Christa Taylor have acquired a new hotel on Bath’s historic Great Pulteney Street, bringing the couple’s portfolio in the region to three hotels.
Grade-I listed Georgian property, The Carfax Hotel, was previously run by the Salvation Army and will now be transformed by the Taylors into a chic townhouse boutique with a ‘touch of modern glamour’.
The hotel is expected to reopen in summer 2016 and will join the Taylors other properties, Abbey Hotel, the duo’s debut hotel and the 20-bed Villa Magdala, which they opened in June 2015.
The latest acquisition will reaffirm the Taylors’ commitment to investing in Bath and its local community.
Ian Taylor said: “We are thrilled to be bringing this building into our portfolio. Since arriving at the Abbey Hotel four years ago, there’s been no doubt that Bath would be the focal point of our business, working closely with the local community.”
The new hotel will be a stylish new place to stay and consist of 40 bedrooms, plus a cocktail bar that will serve food and beverages throughout the day.
Ian continued: “Our new property has one of the best addresses in Bath and incredible potential. We will retain the integrity of the building, in an up-to-date interpretation with a nod to the history of Bath. We can’t wait to reveal more in the coming months.”
Martin Rogers, head of UK hotel transactions at Savills who represented the vendor, said: “Investor demand for hotels in Bath’s thriving market far outweighs supply and, as such, this property generated extraordinary levels of interest.”