Axcel Hospitality acquires Lansdown Grove Hotel

Axcel Hospitality Limited has acquired the Lansdown Grove Hotel in Bath for an undisclosed sum.

The Grade II listed hotel features 61 rooms which have recently been refurbished and benefit from a reception lounge, lounge and lounge bar as well as a restaurant with terrace and function suite.

Externally there are private lawned gardens with mature trees plus private off street parking for around 40 cars.

James Greenslade, associate director in the hotels team at Savills in Exeter who handled the sale, said: “Lansdown Grove Hotel is a beautiful hotel located in a popular tourist destination and as expected we received significant interest and a number of offers. There remains strong demand for hotels in key UK coastal and holiday destinations.”

Philip Marshall, partner, Commercial, Carter Jonas South West who was also involved in the sales process, added: “This acquisition represents an exciting addition to Axcel’s portfolio and is evidence of its team’s commitment to enhancing their presence in Bath and other key markets in the UK.

“Lansdown Grove Hotel is a landmark building, located in one of the city’s most prestigious areas. It provides Axcel with a great opportunity to build on the hotel’s heritage, to create a vibrant destination for Bath and the wider region.”