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UK: Hospitality company Rambler Group Holdings has acquired The Oaks Hotel & Leisure Club in Burnley for an undisclosed amount.
The property, originally listed for offers around £1.8 million, was marketed by Colliers’ Hotels team.
Dating back to 1885, The Oaks Hotel is a 51-bedroom period property set within 3.5 acres. It includes a leisure club, event and meeting spaces, and the Quills restaurant.
Located in Reedley, the hotel overlooks Pendle Hill and is minutes from the M65, with transport links to Manchester and Leeds.
Lavender Hotels sold the property to release capital for reinvestment in its remaining assets. Rambler Group, based locally, plans to integrate the hotel into its Aura Hotels portfolio.
Future investment plans include guest room refurbishment, expansion of the leisure club, new dining options, and the launch of wellness services.
Rambler Group intends to retain the property’s historic character while upgrading facilities.
Legal and advisory support was provided by Harrison Drury for the seller and Onecall Hospitality for the buyer.
Jonathon Butterworth, managing director at Lavender Hotels, said: “The decision to sell The Oaks Hotel was a strategic one, enabling us to release equity from the sale to reinvest into the other hotels in our portfolio.”
Qasim Ahmed, Rambler Group Holdings CEO said: “We are excited to welcome The Oaks Hotel & Leisure Club into our Aura Hotels portfolio. The hotel’s heritage and loyal customer base, combined with its operational strength, make it a fantastic acquisition. As a local Company, we are enthusiastic about the potential to invest in the property and continue building on its success. Our vision is to enhance the guest experience while staying true to the character that makes The Oaks so special.”
Highlights:
- Rambler Group Holdings has acquired The Oaks Hotel & Leisure Club in Burnley.
- The property was previously marketed at offers in the region of £1.8 million.
- The hotel has been operating as a 51-room facility with a leisure club and events space.
