Duncan Bannatyne confirmed as new owner of Somerset's Charlton House hotel

05 May 2010 by
Duncan Bannatyne confirmed as new owner of Somerset's Charlton House hotel

Dragons' Den star Duncan Bannatyne has been confirmed as the new owner of the four-AA-red- star, 26 bedroom Charlton House hotel in Shepton Mallet, Somerset.

His company, the Bannatyne Group, has purchased the property from administrators BDO, safeguarding the jobs of all 62 staff.

The holding company of the Grade II-listed country house hotel, Kilver Court Trading, went into administration in June 2009.

"I am delighted to announce the acquisition of Charlton House," said Bannatyne. "It will be a credit to the Bannatyne portfolio and we look forward to welcoming our first visitors."

Simon Stevens, director at Christie+ Co, who handled the deal on behalf of BDO, said: "This manor house hotel and spa with an award-wining reputation generated a high level of interest resulting in multiple bids.

"This established business offers tremendous future potenital, which I am sure the Bannatyne Group will be successful in fulfilling."

Dating back to 1639, Charlton House was bought and refurbished by Roger and Monty Saul, the founders if the Mulberry Design Company, in 1996.

In recent years the hotel has been extended and now includes a 60-cover, two-AA rosette restaurant, conference facilities for 100 people in the Orangery, a helicopter landing pad and a spa with five treatment rooms.

Administrators seek £3.5m for Charlton House hotel and spa >>

Refurbished Charlton House puts on the mulberry style >>

Hotel insolvencies to carry on rising in 2010 >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

Blogs on Caterersearch.com](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking