Growing hotel group Providence Hospitality has made its fourth UK acquisition with the takeover of The Northfield Hotel in Minehead.
The Guernsey-based Fairtree Hospitality Real Estate Private Equity Fund, managed by international asset management company Fairtree Capital, has acquired the 30-bedroom hotel in West Somerset to join its expanding portfolio of UK boutique hotels.
The property will be managed y Providence Hospitality, with all employees remaining in their current positions.
The Northfield Hotel joins The Old Quay House, The Rosevine and Borrowdale Gates Hotel in the Providence Hospitality roster.
Joe Bester, director of Providence Hospitality, said: “We look forward to working with the team, many of whom have been at the hotel for a number of years, to continue to develop the current offering. It is very much business as usual, and we have no plans to make changes other than to carry out general maintenance work and a few minor cosmetic updates.”
Originally built in 1902 as a private residence, The Northfield first became a hotel in 1946, and was bought by its previous owners Stewart Willis and Chris Legg in 2012.
Located on the lower slopes of North Hill in two acres of landscaped gardens, the hotel enjoys views over the coast, and Quantock and Brendon Hills, and is just a few minutes walk from Exmoor.
The hotel comprises of 28 bedrooms across three grades, and two suites, plus a restaurant and leisure facilities.