GS Hotels has strengthened its portfolio in East Anglia, with its third hotel acquisition.
The local hotel business snapped up The Lansdowne Hotel and Conference Centre in Norwich off a guide price of £1.5m through Christie + Co.
The property comprises 38 bedrooms, a bar, dining room and two function rooms and adds to GS Hotels’ two other hotels in the region.
Tim Gooding, director at Christie & Co who handled the sale comments, “Having originally sold the hotel to the now previous owner back in 2000, he returned to us to sell it due to wanting to pursue his retirement.
“This is an excellent hotel with great facilities located minutes away from Norwich train station. We are sure that the buyer with their wide experience in operating hotels will continue to make a great success of the business.”