The County Hotel in Kendal, Cumbria has been sold to Daish’s Holidays, a family run hotel and coach holiday operator with sites in coastal resorts throughout the UK.
The acquisition from The UK Holiday Group, marks a new chapter for the operator in the launch of a new ‘premium brand’ targeting both city and country locations.
The County Hotel occupies an historic former coaching inn adjacent to Kendal railway station, and is home to 37 bedrooms, plus a lounge bar and restaurant with 60 covers.
It was sold off an asking price of £975k, and will now be refurbished over the coming months, with an aim to relaunch in early 2019.
George Brown, director of Daish’s Holidays comments: “We are delighted to have acquired The County Hotel. For Daish’s Group, The County Hotel is the first of a new brand for us, that will be targeting premium economy markets that are seeking touristic city and country locations.’’
Ryan Lynn, director at Christie & Co, who handled the sale, comments, “We were very happy to be instructed again by Paul Bennett from the UK Holiday Group after selling another one of their hotels in Somerset earlier in the year. We launched the hotel to the market in March this year and had marketed the opportunity, built the interest and agreed a deal within a couple of months, a process which was helped by an experienced buyer and seller on each side.”
Daish’s Holidays has been providing quality UK coach holidays for over 35 years and has a portfolio of eight properties across the country, including Bournemouth Sands Hotel, Hotel Prince Regent and Devonshire Hotel in Torquay.