AG Hotels Group acquires a 100-bedroom hotel in Derby

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AG Hotels Group has acquired Best Western The Stuart Hotel in Derby featuring 100 ensuite bedrooms, a bar, a restaurant and conference facilities. Located on London Road, the hotel has been bought by the Group for a guide price of £4.95m. Christie & Co acted for the private vendors in the sale of the hotel, who owned and operated the business for approaching 20 years.

Girish Grover, CEO & Managing Director, AG Hotels Group said, “We are delighted with our acquisition of Best Western The Stuart Hotel and have exciting plans to invest in and refurbish the property in due course.”

Located on the busy London Road (A6), The Stuart Hotel in Derby is a perfect accommodation for business and leisure travellers with easy access to the motorway networks. With free on-site parking and proximity to public transport, guests can easily explore the popular places in and around Derby.

The hotel has an in-house XS Restaurant, serving afternoon tea and delicious food, cooked in a modern British style. The in-house Liquid Bar offers a relaxing environment to catch up with friends, watch LIVE sports and have an enjoyable time while tasting a wide list of fine wines.

The Suite conference room is the perfect venue for holding meetings, conferences or functions including weddings. The room can accommodate all types of gatherings, from exhibitions, interviews, training courses to conferences for up to 180 delegates. With its own separate entrance, full bar and wi-fi, the conference room is ideal for all your conference or meeting requirements.

Read the full news: https://www.thebusinessdesk.com/eastmidlands/news/2055300-100-bedroom-city-centre-hotel-sold-to-new-operator 

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