Monte Hotels, which is owned by Euro Garages brothers, Mohsin and Zuber Issa, has acquired the operating business of Stanley House Hotel & Spa.
Mohsin and Zuber Issa had previously acquired the land and property assets of the hotel, only, from Leehand Leisure in October 2019.
The new owners are now to plough a ‘significant investment’ into the estate after announcing its takeover to staff on February 27.
Until September 30, the current Stanley House directors will oversee the day-to-day operations with Monte Hotels taking full operational control from October 1.
Business will carry on as usual up to and beyond September 30 2020 and the hotel will now be taking bookings beyond this date.
Stanley House is located in Mellor and is set in 54-acres of Ribble Valley countryside.
The property has 30 bedrooms and was opened in 2004 by the late Fred Walker, co-founder of Walker Steel.
It currently employs 85 staff, whose jobs have now all been secured.
Mohsin and Zuber Issa, founders of Monte Hotels and EG group, said: “The Issa family are delighted to announce this acquisition.
“We’re incredibly excited about the potential Stanley House presents, and we look forward to sharing our investment plans in the coming months.”
In 2010, the hotel transformed its Mr Fred’s Bar & Lounge with a glass extension overlooking the Ribble Valley.
In September 2012, the hotel completed work on the construction of 18 new bedrooms and a multi-million-pound luxury spa.