Henrietta House Hotel in Bath has been sold to Axcel Hospitality for £4.1m.
The four-star Georgian townhouse hotel has been sold by art collector Peter Sherwin as Axcel Hospitality looks to grow its footprint in ‘key markets’ in the UK.
The listed, four-storey house, which was built in the 1780s, comprises 21 bedrooms, a lounge bar and two dining rooms.
Oushan Deeljore, director of Axcel says: “We are delighted with this new acquisition and it is a good addition to our portfolio. Axcel are constantly looking at positioning themselves in key markets in the UK and the Henrietta House in Bath delivers just that.”
James Greenslade in the hotels team at Savills comments: “Henrietta House provided an excellent opportunity to acquire a popular Bath hotel in a brilliant central location, and we are pleased to have secured a successful sale for our client. The city’s fundamentals as both a tourist hotspot and student city means there is a strong demand for rooms and with a tight development pipeline, this shows no sign of abating.”