Roxburghe Estates & Bespoke Hotels has announced they have agreed terms for the transfer of ownership of the Roxburghe Hotel & Golf Course near Kelso in the Scottish Borders.
Completion of sale to Bespoke Hotels is expected to take place at the end of July.
Bespoke Hotels is the largest independent hotel group in the UK, and the Roxburghe’s 22-bedroom luxury hotel and championship golf course is an attractive fit within a collection that includes the Chester Grosvenor and Storrs Hall in Cumbria.
The Duke of Roxburghe commented: “I am delighted that we have reached agreement with Bespoke, knowing that they have exciting plans for the future and will invest significantly in the business.
“We look forward seeing the Roxburghe grow in the years ahead under new ownership and achieving our long-term vision of a high-quality resort destination.
“We strongly believe the Roxburghe has a secure and successful future under Bespoke Hotels’ management.”
The opportunity for expansion of the facilities at the Roxburghe, alongside the development of self-catering lodges, is actively being considered.
In 2010, planning consent was granted for 60 holiday lodges, a new clubhouse and conversion of the existing clubhouse to a 10 bedroom dormy house, all of which stood as a key factor in Bespoke’s strong interest and decision to acquire the business.
The creation of a luxury destination resort is the principal vision of the new owners, building on the outstanding facilities and reputation which the Roxburghe enjoys.
Haydn Fentum, founder and chief executive, Bespoke Hotels, added: “We are hugely excited by the potential of The Roxburghe and look forward to taking the business into a new era.
“We are keen to build on the excellent work done to date by both Roxburghe Estates and ICMI, which has given us an extremely sound platform on which to build.”