The 28-bedroom hotel in Snowdonia, North Wales, is now on the market for £1.6m, having originally been but up for sale for £2m.
Set in 22 acres of grounds and bosting a two-AA-rosette restaurant, the hotel is being jointly marketed by Colliers International and Christie & Co.
Hand Picked Hotels announced last year that it was selling Seiont Manor, along with the four-AA-star, 42-bedroom Priest House hotel in Castle Donnington, Derbyshire, for £3.25m, as it wanted to concentrate on its core portfolio of larger country house hotels. Priest house was sold to Stuart Garner, chief executive of Norton Motorcycles and owner of the adjacent events venue Donnington Hall.
Julia Hands, chairman and chief executive of Hand Picked Hotels, said at the time: "Seiont Manor is a very characterful property in a beautiful part of Wales. However, it is a three-AA-star property and this does not fit with our strategy as a four-AA-star hotel collection." The Hand Picked Hotels portfolio currently comprises 20 properties.
Adjacent to the hotel and also offered for sale is a disused Grade II-listed manor house with planning consent for an additional seven bedrooms and meeting rooms.
Seiont Manor was originally built in the 18th century as a farmstead. It initially opened as a hotel 1986, with Hand Picked Hotels acquiring the property in 1999, since when it has invested "heavily" in improving the business.
Julian Troup, head of UK hotels at Colliers International, said: "We anticipate a high level of interest in what is a renowned country house hotel in a prime location in Snowdonia National Park being offered at a very competitive price."
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