Experienced hoteliers Mark and Pam Cole have acquired Brindleys Guest House in Bath, swapping Weymouth for the West Country following the sale of their 16-bed hotel down on the coast.
The pair, who were able to purchased the Bath Guest House with the support of a six figure loan through the Royal Bank of Scotland, took on the property after two years of extensive research into the market in the town.
After running their hotel in Weymouth for several years, they found Brindleys Guest House, which is an established business with higher than average occupancy levels on year on year.
Mark and Pam worked with Steven Perrett at Royal Bank of Scotland for two years to assess a number of potential hotel/guest house businesses in and close to Bath.
The couple have now also employed two member of staff to help with housekeeping, while they will be responsible for the running of the six-bed guest house.
Mark Cole, co-owner of Brindleys Guest House, said: “We have waited patiently to take advantage of the right opportunity. We knew it would come along and Brindleys House has exceeded both of our expectations. Its quiet and private position, tasteful décor throughout and future bookings were all contributing factors towards our new ownership.
“We are grateful to Steven at the bank for working with us and lending his years of experience in the hotel sector. He really was instrumental in helping us achieve our long-term ambition of living and working in this beautiful city.”