THE historic Dumbleton Hall has been sold to a US-based buyer for £6 million.
The Evesham country house hotel, which is located in the Cotswolds Area of Outstanding Natural Beauty and is set in nearly 16 acres of parkland with an ornamental lake, has been purchased for an undisclosed sum off a £6 million guide price, following significant national and international interest which culminated in over 10 formal offers being submitted.
The deal was brokered by global real estate advisor Colliers.
The former manor house has a history dating back to 1534, and had been brought to the market for the first time in over 60 years by Colliers acting as sole agent on behalf of the owner, POFR (Post Office Fellowship of Remembrance).
Julian Troup, head of UK Hotels Agency at Colliers, said: “Dumbleton Hall is the most significant single asset hotel opportunity to become available in the Cotswolds for a generation, and this sale during an elevated period of uncertainty brought about by the effects of Covid-19 shows how high quality hotel assets will continue to appeal to the market.
“In the case of Dumbleton Hall, the buyer is based in the US and had been looking for a suitable opportunity for a good deal of time.”
Dumbleton Hall is now owned by Dumbleton Hall Hotel Property Company Limited, a newly incorporated company, which is controlled by Paul Vezolles, President of Chatham Park Development L.L.C, Charlotte, North Carolina, in the United States.
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