The Inn Collection Group (ICG) has added a third site in Wales to its growing pubs with rooms estate with the acquisition of the historic St Kilda Hotel in Llandudno.
The Newcastle-based operator has bought the 60-room establishment as it continues its expansion beyond its north of England heartlands and brings its total number of venues to 33.
Located on the central promenade in the popular seaside town and dating back to 1854, The St Kilda commands stunning coastal views lying between the Great Orme and Little Orme headlands overlooking Llandudno Bay.
Under family ownership for the past 21 years, the new acquisition joins the Swallow Falls Hotel in Betws-y-Coed and The Bull in Beaumaris as properties owned by the group in North Wales.
Joining the award-winning company, The Inn Collection Group’s latest purchase has been made thanks to the valued assistance of the Manchester office of Christie & Co, the leading specialist advisor for buying and selling businesses in the hotel and pub sectors.
The acquisition was completed on a confidential basis via Tom O’Malley, Associate Director – Hotels at Christie & Co.
Edinburgh-based commercial law firm Burness Paull provided legal advice on the transaction, while Neil Hart at Newcastle-upon-Tyne based Bradley Hall advised on pre-acquisition diligence.
The St Kilda Hotel is The Inn Collection Group’s sixth purchase of 2022 as it continues to expand with strategic ‘buy and build’ growth plans.
Actively continuing to seek out new acquisition opportunities to grow its portfolio in Wales and northern England, The Inn Collection Group has a proven track record in the hospitality sector.
Previously named Best Pub Employer for two consecutive years in the national Publican Awards and has a strong reputation for its people commitment and career development opportunities alongside award-winning customer service and quality amenities.