Hand Picked Hotels has strengthened its footprint in the Channel Islands with the acquisition of three new properties.
The hotel group, founded in 2001 by CEO and chairman Julia Hands, has confirmed it has exchanged contracts on the purchase of Fermain Valley Hotel and Ziggurat Hotel in Guernsey and the Braye Beach Hotel in Alderney, subject to regulatory approval.
The deal adds to the three properties already owned and operated by Hand Picked Hotels on the Channel Islands; The Grand Jersey in St Helier, L’Horizon Beach Hotel in St Brelade’s Bay and St Pierre Park Hotel in St Peter Port.
The three new hotels in the group were previously owned by Derek Coates and operated as part of the Vista Hotel group. Guernsey’s Ziggurat Hotel was first put on the market in 2018 with a price tag of £2.45m. The hotel comprises 14 bedrooms and a 60-cover restaurant.
Fermain Valley went up for sale in the same year for £9m. The hotel features 45 bedrooms, an indoor pool, outdoor terrace, private cinema and events room, situated in 3.35 acres.
Braye Beach Hotel boasts an enviable position on the beach and comprises three restaurants and a bar.
The three new additions will take the Hand Picked Hotels portfolio up to a total of 22 properties.
Julia Hands, CEO and chairman of Hand Picked Hotels commented: “We are delighted to be acquiring these authentic destination hotels in the Bailiwick and very pleased to welcome their experienced and dedicated team members into the Hand Picked family. The hotels beautifully complement our collection of 19 individual hotels in locations that excite and inspire. I look forward to introducing them to our guests and building upon a legacy so wonderfully established by their previous owner Derek Coates, who sadly passed away last year.”