Shrigley Hall bought by private investor

Grade II-listed country house hotel, Shrigley Hall Hotel, Golf & Country Club has been acquired by a private investor.

Set within 262 acres of private grounds in Pott Shrigley, the four-star venue has 148 guest bedrooms, a restaurant, bar, health club, 13 conference rooms and an 18 hole-golf course.

The property, sold by leisure operator The Hotel Collection, was the last remaining asset in Project Solstice – a portfolio of 10 regional UK hotels that came to market last year for a combined guide price of more than £130m.

Martin Rogers, head of UK hotel transactions at Savills, which represented The Hotel Collection, said: “This deal is of particular significance as it brings the sale of the high profile Project Solstice portfolio to a close.

“The UK hotel market has had a strong start to 2017 with high levels of demand from both overseas and domestic investors.”

He added: “We expect the second half of the year to be equally robust.”

Savills Manchester hotels director Tom Cunningham commented: “The hotel market in the North of England is particularly attractive to investors due to the prices and returns available.

“With multiple income streams and a strong corporate and leisure trade, Shrigley Hall appealed to numerous different investor types. We are pleased with the excellent result achieved on behalf of our client.”