Best Western Brome Grange Hotel sold to Instol Group Limited
Specialist business property adviser, Christie & Co has successfully sold the Best Western Brome Grange Hotel near Eye, on behalf of Cameron Ventures Group, which owns and operates hotels in East Anglia and the North-West.
Set in the countryside on the Norfolk/Suffolk border, the 44-bedroom hotel has been extensively refurbished and extended since it was acquired by Cameron Ventures Group in 2012 and has a 3 AA star rating. The well-appointed hotel features a lounge, restaurant, and spa facilities, together with the popular Tithe Barn, a well-known wedding and events space within the region.
The property has been sold to London-based Instol Group Limited, which also owns and operates a country house hotel near Bristol.
Tim Gooding, Director in Christie & Co’s Hospitality team, who handled the sale, comments, “This sale reinforces the ongoing demand for good quality hotel businesses in the region, which has remained robust despite a changing economic backdrop nationwide. We wish both the vendors and buyers good wishes for the future.”
The Best Western Brome Grange Hotel was sold for an undisclosed price.
