The new owners of a hotel in Monmouthshire, Wales, are already looking for ways to expand their new venture, by setting their sights on the lucrative weddings market.
Richard Secular and Harriet Babbage took over the Royal George Hotel in Tintern, a Grade-II listed building dating back to the 16th century which has been developed into a thriving hotel and events venue over the last decade.
The incoming owners were attracted to the 16-bedroom hotel as it presented ‘plenty of scope for growth’, snapping it up off previous occupiers James and Sammie McMorrough off a guide price of £850k.
Now Richard and Harriet are said to be ‘keen’ to invest in the business and grow its income streams, particularly targeting the weddings market and possibly adding further bedrooms.
Alongside the 16 bedrooms, the Royal George is also home to a lounge bar, restaurant for 30 covers and a function room.
Corrina Jones, business agent based in Christie & Co’s Cardiff office comments: “James and Sammie have cemented the Royal George’s position as an established AA three-star hotel and within the top 20 in the UK in the Best Western Quality Awards. This hotel attracted a lot of interest and we are looking forward to seeing Richard Secular and Harriet Babbage taking the hotel forward as the hotel has always attracted a broad mix of local, commercial and leisure guests.”