Historic gothic venue, Brownsover Hall Hotel in Rugby has been sold to an investment company in the Far East for £3.25m.
In a deal brokered by Colliers International, the 47-bedroom hotel was snapped up by Singapore-based hospitality investment company, Brownsover UK Pte Ltd for just off the guide price.
The transaction was led by Indian Ocean Group Pte Ltd, Singapore and Deer Creek Advisors.
The property is made up of the main mansion and several smaller buildings, including; The Stables, The Coach House and The Coachman’s Cottage. All three properties were designed by the renowned architect, Sir George Gilbert Scott in around 1855. The hotel provides 47 en suite letting bedrooms, 27 of which are located within the main mansion, with the remainder located in the converted stable and Coach House accommodation.
Speaking of the sale, Julian Troup, head of Hotels Agency at Colliers International, said: “With its sweeping staircase and feature fireplaces, Brownsover Hall Hotel is magnificent. The mansion and surrounding converted accommodation display all the features expected of a traditional gothic period property.
“With its unique and historical features the hotel continues to attract a wide ranging clientele. This latest sale is another example of how we are continuing to see oversees interest in the UK hotels market, particularly from investors in South and South East Asia.”