SCP Hotels Limited, which is led by former Pizza Express and Punch Taverns entrepreneur Hugh Osmond, has acquired the Great House Hotel and Restaurant in Sonning-on-Thames, Berkshire, for c£5m.
The 50-room hotel and restaurant on the banks of the River Thames, which had previously been under the same ownership for 25 years, features a bar and two restaurants overlooking the river and is a popular venue for weddings and functions.
SCP Hotels is hoping the Great House will be the first of what will be a number of hotels purchased by the company.
It was also behind the purchase of the 39 bedroom Swan at Streatley in Berkshire, also located on the banks of the River Thames, last November.
Osmond said: “We are looking forward to developing our hotel and restaurant concept over the next few years. The company has plans for substantial future investment in the Great House, which it views as a wonderful opportunity in a superb location, supported by a loyal and highly capable staff.”
Knight Frank acted on the deal.
