Sudbury House hotel sold for around £2m
07 June 2013 by James Stagg
The Best Western Sudbury House Hotel in Faringdon, Oxfordshire has been sold off a guide price of £2m.
The 48-bedroom hotel and conference centre was sold by Cranfield University after 24 years of ownership. It originally opened in 1991 having been extended from a Grade II listed 18th century house.
Simon Stevens, director of corporate hotels at Christie + Co, which arranged the deal, said: "Opportunities such as Sudbury House Hotel rarely come to the market so it attracted great interest from existing hospitality business operators. After 24 years of ownership by the university, I fully expect the new owners to take the business to the next level."
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