Aura Hotels acquires elegant Victorian hotel in Ilkley through Christie & Co
Specialist business property adviser Christie & Co has announced the sale of The Craiglands Hotel in the popular West Yorkshire town of Ilkley, close to the Yorkshire Dales National Park.
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The imposing Victorian hotel and wedding venue boasts a superb spa, impressive function and banqueting space and, when fully developed by the new owners, will offer 100 ensuite bedrooms.
The hotel has been purchased by Aura Hotels, the luxury hotel division of Rambler Group Holdings, a diversified business spanning transport, tourism, leisure and hospitality.
“The Craiglands Hotel is a property of remarkable heritage and untapped potential,” said Qasim Ahmed, CEO of Rambler Group Holdings. “This purchase marks the beginning of an exciting new chapter, not only for the hotel, but for our growing presence in the UK hospitality sector. Our goal is to restore Craiglands to its former grandeur, while creating something truly special for both Ilkley and our guests. The hotel will undergo a comprehensive and sensitive refurbishment, with the aim of repositioning it as a leading 4-star wellness destination.”
Aura Hotels are working with Mark Chambers of OneCall Hospitality in the acquisition and brand development process. Mark commented: “This acquisition is the first of several for Aura Hotels as it builds a curated collection of elegant, experience-led properties across the UK.”
Handling the sale on behalf of Christie & Co is hospitality director Mark Worley, who commented: “Craiglands is an excellent hotel in a fabulous part of the world, ideally placed for The Yorkshire Dales, Leeds, Harrogate and the wider West Yorkshire area. The level of interest was very strong with multiple offers received however it was very important to our seller client that the hotel should be sold to an experienced hotel and hospitality owner. We were delighted to be able to reach an agreement with Rambler Group Holdings and we are sure that the future of the hotel is in very safe hands. We wish them all the best.”
He adds: “Like many sectors, the hotel industry is currently facing challenges, however this sale illustrates the ongoing demand for hospitality businesses of this magnitude, particularly those in prime locations.”
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
Contact the agent:
Mark Worley, Director – Hospitality
P: +44 7791 980 852
E: mark.worley@christie.com
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