Estate agent Savills, on behalf of a private vendor, has sold Henrietta House Hotel on Henrietta Street in Bath to Axcel Hospitality for £4.1 million.
The 4-star Georgian townhouse hotel comprises 21 en-suite bedrooms, a lounge bar and two dining rooms.
James Greenslade in the hotels team at Savills commented: “Henrietta House provided an excellent opportunity to acquire a popular Bath hotel in a brilliant central location, and we are pleased to have secured a successful sale for our client.
“The city’s fundamentals as both a tourist hotspot and student city means there is a strong demand for rooms and with a tight development pipeline, this shows no sign of abating.”
Oushan Deeljore, Director of Axcel added: “We are delighted with this new acquisition and it is a good addition to our portfolio.
“Axcel are constantly looking at positioning themselves in key markets in the UK and the Henrietta House in Bath delivers just that.”