Vine Hotels acquires Bredbury Hall hotel out of administration
Bredbury Hall in Stockport, Greater Manchester, has become the latest acquisition of Greg Dyke's Vine Hotels group, which has bought the 149-bedroom property out of administration with investment from Connection Capital.
The hotel became a victim of tough Covid-19 trading conditions, closing in March last year and placed into administration in October with the loss of 90 jobs. Administrators had placed the property on the market for around £5.25m.
Vine Hotels plans to reopen the venue in June along with its 200-cover restaurant, 60-cover lounge-bar and brasserie, 10 meeting rooms for up to 200, fitness centre and 16th-century barn space holding up to 900 people.
The group also plans to invest significantly in upgrading the property over the next two years and has appointed Scott McDonald general manager, formerly general manager at Vine Hotels' Best Western Cresta Court hotel in Altrincham.
Recruitment is ongoing for positions in the maintenance, housekeeping, food and beverage, reception and sales teams.
Vine Hotels chairman Dyke said: "Bredbury Hall is an exciting property. Combining a superb location with heritage and a long-established connection with its local community. It has immense potential for the future, and we look forward to helping Bredbury Hall take its rightful place as one of Stockport's best hotels."
Doug Wilson, investment director at Connection Capital, added: "We are delighted to be working with Vine Hotels to reopen Bredbury Hall and to create jobs in the north west. Bredbury is a historic venue and we're excited about the potential once full restrictions are lifted and things get back to normal."
Bredbury Hall joins the growing Vine Hotels portfolio of owned and managed venues, such as recent additions the Charlecote Pheasant in Stratford and the Dartmouth Hotel & Spa. The group's portfolio also includes the Mercure Southampton Centre Dolphin hotel and five properties in Sheffield.
Vine Hotels is owned by former director general of the BBC Greg Dyke and chief executive Garin Davies, former divisional director of BDL Management and main board director of Best Western.