Family-run hotel in Airdrie sold to new owners through Christie & Co
Specialist business property adviser, Christie & Co, has announced the sale of The Tudor Hotel in Airdrie, Scotland.
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The Tudor Hotel has been family-owned and operated for over 30 years and is a traditional community business. The hotel boasts a first-class food and drink offering, and hosts many events, weddings and functions, alongside its nineteen letting rooms.
The Tudor Hotel has been sold on behalf of the current owners due to retirement, and has been acquired by Crowwood Hotels Ltd, who are well-established in the hospitality sector and already operate the Crowwood Hotel and Mondo Bar & Restaurant. The new owners plan to introduce a new Indian cuisine menu, and in time, refurbish the hotel.
Brian Sheldon, Regional Director at Christie & Co who managed the sale, commented: “We were delighted to have acted for the family behind the Tudor, who have been involved in the trade for nearly 50 years, 30 of which being at the hotel. We wish Crowwood Hotels Ltd all the best with their plans for the hotel moving forward.”
The Tudor Hotel freehold was sold off an asking price of £2,750,000.
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
Contact the agent:
Brian Sheldon – Regional Director, Hospitality
P: +44 7764 241 315
E: brian.sheldon@christie.com
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