First time buyer acquires historic Cheltenham hotel

Martha Elwell By Martha Elwell
2 weeks ago | Updated 2 weeks ago

UK: Cleeve Hill House Hotel has been sold to a first-time buyer

Cleeve Hill House Hotel, a large Edwardian detached property situated on the outskirts of Cheltenham, has been sold to a first-time buyer.

The property has served as a bed and breakfast featuring ten ensuite letting bedrooms.

The buyer, Lizzie Holland, has led operations and team development at St Pancras Hotel Group. With senior management experience at the Zetter Townhouse and serviced apartment brand Dolphin House, Holland decided to embark on her own venture.

Holland said: "This is a dream come true for me. I've been working in the hotel industry for over 15 years - so doing the thing I love most, in a town I love, is something I feel completely excited by. This is an opportunity to not only continue the great work that Manfred and Jacqueline have done, but also to really maximise the potential this historic building has. I can't wait to get started. Having owned the business for the past ten years, Manfred and Jacqueline Zeilerbauer have decided to retire from the industry."

Matthew Smith, director at Christie & Co's Bristol office who handled the sale, said: "We are delighted to announce the sale of Cleeve Hill House Hotel and we wish Manfred & Jacqueline all the very best in their well deserved retirement. We also wish the new owner, Lindsey, all the success for the future and are confident the business will move from strength to strength under her stewardship."

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