Christie & Co broker sale of Lindum Hotel St Anne’s
Specialist business property adviser, Christie & Co has completed on the sale of The Lindum Hotel St Anne’s to leading pub company, The Inn Collection Group.
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Operating as a family-run hotel since the 1920s, The Lindum is situated on the seafront promenade of Lytham St Anne’s, a traditional seaside resort nestled along a picturesque stretch of the Fylde peninsula, directly south of Blackpool, western Lancashire.
The recently refurbished hotel comprises 88 recently en-suite bedrooms, many of which boast unspoilt views of the St Anne’s Pier and coastline, and the Ribble Estuary beyond, arguably, some of the best sea views on the Fylde coast. The hotels’ beautiful seaside location makes it a popular choice for weddings and events, with a variety of conference and events spaces on offer.
The previous owner, Dan Yates of Lindum Yates Limited comments, “We have been very lucky to have worked in such a stunning seaside location and have thoroughly enjoyed operating the hotel and watching it grow over the years. Special thanks to Tom O’Malley at Christie & Co who was highly professional and has managed to achieve a swift and confidential sale for us during such an uncertain time. We are very pleased to be passing the business over to such an experienced operator who can take the hotel to the next level and benefit tourism within the local area.”
The hotel has been acquired by The Inn Collection Group, a leading pub company with venues across the north of England. The purchase takes the groups portfolio to a total of 16, as the operator continues to roll out its ‘buy and build’ strategic growth plans of high-quality pubs with rooms. Elsewhere, the group’s trading portfolio includes sites in Northumberland, County Durham, Cumbria and Yorkshire.
Commenting on behalf of the group, Sean Donkin, Managing Director says, “The Lindum Hotel has in buckets and spades, everything we look for in an Inn Collection Group venue. Vibrant, multifaceted destinations, a wow factor element and somewhere we would like to eat, drink, sleep and explore from with our own families and friends.
“Despite the challenges Covid-19 continues to throw at the sector, 2020 continues to be a year of growth for our group. As well as mounting up our operations in the Lake District and Yorkshire, the purchase of The Lindum Hotel will see us expand our offering across the border into Lancashire.”
Tom O’Malley, Senior Business Agent in Christie & Co’s Hospitality team brokered the sale and adds, “I’m delighted to complete on another deal with The Inn Collection Group and strengthen Christie & Co’s great partnership with the group. This is my second deal personally this year, as they purchased The Churchill Inn in Ambleside through me in August and they also bought The Black Swan through Christie & Co earlier in the year. The main appeal in this site was the prominent seafront location on the promenade in Lytham. I look forward to seeing the groups plans come to life over the coming months.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 72270794 or E: bronte.hughes@christie.com
Contact the agent:
Tom O’Malley, Senior Business Agent - Hospitality
P: +44 (0) 7764 378 446 or E: Tom.omalley@christie.com