Serena Von Der Heyde, owner of Georgian House Hotel, has acquired her second property in the Lake District.
Heyde, whose family built the London boutique in 1851, has snapped up the Oak Bank Hotel in Grasmere from Glynis and Simon Wood, who have owned and operated the business for the past 12 years.
She purchased the freehold of the hotel off an asking price of £1.5m.
The Oak Bank Hotel occupies a detached, three-storey property comprising 13 bedrooms, and is a 3 Silver Star hotel with a 2 AA Rosette restaurant, Michelin Plate and entry into The Good Hotel Guide.
Heyde is now planning ‘substantial investment’ into the hotel alongside employee development, relaunching the hotel in spring 2020.
She says: “I am very excited to be taking on a business in Grasmere, an incredible guest destination that provides many opportunities for adventurers, food fanatics and those who just want to relax and recharge in stunning surroundings. I am looking forward to releasing further details as we go into the new year.”
Alistair Greenhalgh, director at Christie & Co handled the sale and comments: “Hotels such as the Oak Bank are in high demand, particularly in a sought after and idyllic location such as Grasmere. We’re delighted to have found Glynis and Simon a buyer for their business and wish them a happy retirement. Unsurprisingly, this opportunity generated interest from a number of parties and demonstrates how strong the market remains in the Lake District.”