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Gloucestershire Business News

INSIDE STORY: Cotswold hotel goes to market for £10m

A prestigious four-star Cotswold hotel and spa has gone on the market for offers around the £10m mark.

The second sale of the property in two years marks the latest chapter in the hotel's long history. Specialist hotel property advisers Christie & Co and Savills' rural team have jointly taken on the privately owned Wyck Hill House Hotel, which sits just 2.3 miles south of Stow-on-the-Wold and close to the A424.

The Grade-II listed 18th-century hotel stands within 42 acres of countryside and has 59 rooms, as well as a spa. With outstanding views of grounds and woodlands extending across the Windrush Valley, the hotel has enjoyed widespread acclaim, including two AA AA Rosette awards for fine dining.

In April 2022, the venue was sold to private equity investors Fidera Vecta and Weight Partners Capital, after being marketed at a guide price of £7.5m. It subsequently closed to carry out a renovation programme, in which London architects Gibberd were brought in to oversee a £2.5m project.

A statement on the hotel's current website says: "Wyck Hill House is currently closed for an exciting and comprehensive renovation programme. Whilst retaining many of the original characters of this amazing building, the new Wyck Hill House will be an oasis of top class service, best in class food, drink and bedroom offerings and a host of sympathetically blended modern amenities."

Punchline-Gloucester.com asked the current owners about the hotel's status and was told: "The hotel is currently closed for refurbishment and is not due to re-open until later in 2025 although a definate [sic] date has yet to be confirmed."

The sale for the freehold indicates that the hotel has the benefit of planning permission

and listed building consent for external work and full refurbishment of the main building, the Coach House and the Orangery. Such work would, it appears, follow on from Gibberd's recent £2.5m renovation and improvement project.

Ed Bellfield, Regional Director at Christie & Co said: "Wyck Hill House Hotel offers an exciting opportunity for an imaginative buyer to become the latest custodian of one of the Cotswold's renowned hotel businesses. It is rare that a property of this magnitude, in such a desirable location, comes to the open market. The range of development opportunities present exciting potential for a new owner to improve the hotel facilities and create a destination venue of scale and character, within easy reach of London, Bristol and Birmingham."

James Greenslade, Director at Savills added: "We expect to see interest from a range of potential purchasers who will be attracted by the scale of the opportunity, its accessible location and its proximity to the popular Cotswold villages of Bourton-on-the-Water and Stow-on-the-Wold."

Offers based on a guide price of £10,000,000 are invited for the freehold interest.

Gibberd Architects reports on its website that an extension and refurbishment at the address it carried out included a new wing to house 25 ensuite bedrooms, a function room and associated facilities, a spa and beauty treatment area, as well as an extension to an existing orangery and associated landscaping.

The firm said: "The original buildings, dating from the 18th and 19th Century, were sensitively repaired and conserved. Before Gibberd's intervention, the design felt inappropriately urban in respect to the style, age and location of the building. Gibberd were asked to develop a design that respected the country house feel and highlighted the stunning original architectural features of the property."

In 2006, Niche Hotels was reported to have have embarked on an ambitious programme which saw the addition of 18,300 sq ft spa facilities and 27 new rooms.

Wyck Hill House then went into administration in December 2008 after its freeholder had leased the venue. Legacy subsequently took over management of the property in a three-year deal with the freeholder, the previous management having named the hotel 'Robinsons on the Hill'.

However, in 2010, new operators stepped in again at the hotel after the Legacy Hotels and Resorts company handed management to Bespoke Hotels.

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