The Three Ways House hotel in Mickleton, near Chipping Camden, has been bought by UK-based hospitality investment business, Shepherd Cox.
The sale of the three star 48-bedroom Cotswolds hotel was negotiated by the hotels team at commercial property consultancy Lambert Smith Hampton, on behalf of private owners Simon and Jill Coombe who plan to retire.
The couple bought the property more than 20 years ago, and during that time have successfully built up the reputation of the business, which has become known as the home of the world famous ‘Pudding Club’.
Commenting, LSH director Simon Stevens, who handled the sale, said: “Three Ways House Hotel is a great fit for Shepherd Cox‘s expanding portfolio. The hotel is an exceptional example of a well-managed and profitable business that had been considerately developed into a destination hotel in a well established location, just ten minutes drive from Stratford upon Avon.”
“To avoid any disruption to the business, LSH handled the sale discreetly and a prompt introduction to Shepherd Cox was made, based on their track record and recent purchase of nearby Wroxton House Hotel. Consequently, the sale was completed and we now wish Simon & Jill well-deserved retirement.”
Nick Carlile, co-founder and director at Shepherd Cox, said: “We are pleased with this addition to our expanding hotel portfolio. Three Ways House is a high profile business that will undoubtedly prove to be a key part of our on-going success and future expansion plans.”