Quorn Hotel completes sale of Prima's English portfolio for in excess of £16 million

The Grade II listed property dates back to the 17th Century and was formerly a private residence.  It sits within 4 acres (1.6 hectares) of country gardens and now features 36 contemporary bedrooms, an AA Rosette restaurant and wedding and conference facilities for up to 300 guests.

The Quorn Hotel was the last remaining asset in the Prima portfolio of regional manor house hotels brought to market by Savills in September 2015.  The sales of Hellaby Hall Hotel near Rotherham, Stanneylands Hotel in Wilmslow and Nunsmere Hall Hotel in Cheshire have already completed, with this deal bringing the combined total to in excess of £16 million.

Ryan Grant of AlixPartners comments: “We are delighted to have concluded the sale of the Quorn Hotel and wish the new owners every success for the future.  The expertise and market knowledge shown by Savills has been invaluable to our ability to deliver a successful conclusion to the Prima Group’s administrations.”

Martin Rogers, head of UK hotel transactions at Savills, comments: “The Quorn Hotel is the area’s only 4-star offer and has a strong trading record.  Its picturesque setting on the banks of the River Soar makes the venue a popular choice for weddings and the new owners will therefore benefit from multiple income streams.  We are very pleased to have secured this deal, which completes the sale of the Prima portfolio.”

The purchaser was unrepresented.

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BDC 305 Jun 2023