Hotel Collection puts Combe Grove Manor on market for £4.5m
The Combe Grove Manor hotel, near Bath, has become the fifth property to be put on the market by the Hotel Collection, as the company looks to streamline its 21-strong portfolio.
Located in the village of Monkton Combe, the four-AA-star, 42-bedroom hotel is being marketed by Savills for £4.5m.
The 18th century country house property, which stands within 69-acres of grounds, features a two-AA-rosette restaurant, health club, two swimming pool and tennis courts.
It joins four other properties within the Hotel Collection which were put up for sale two months ago. They include the 122-bedroom Palace hotel in Buxton, Derbyshire, which is on the market for a price in excess of £7m; the 100-bedroom Basingstoke Country hotel, near Hook, Hampshire, £5.5m; the 152-bedroom Cheltenham Park hotel in Gloucestershire, £8m; and the 89-bedroom Marine hotel overlooking the Royal Troon golf course in Ayrshire, £7m.
Grant Hearn, chairman of the Hotel Collection told The Caterer in November that the reason for the hotel disposals, which will reduce the portfolio to 15, was to simplify the ambitious £40m renovation project for the group.
"Upgrading even 15 hotels will take a lot of planning," he said. "We will focus on those core properties and buy some more to keep the group going," he said.
Target locations for new properties include the South East, Yorkshire, Cambridge, the Lake District and Bath.
Grant Hearn reveals plans to reinvigorate Hotel Collection >>
