Market Leads & Opportunities
Finance facility secured for Dumbleton Hall Hotel upgrade
OakNorth Bank has provided a bespoke finance facility supporting the acquisition and redevelopment of the grade II-listed Dumbleton Hall Hotel.Situated on the border of Gloucestershire and Worcestershire and within the Cotswold AONB, Dumbleton Hall was built in the the mid-1800’s as a stately home, before becoming a hotel after the Second World War.The hotel currently has 39 rooms, a variety of event spaces and 19 acres of gardens, woodland and lake.The project, which will involve the hotel being upgraded from a 3 to a 4-star plus establishment, as well as the addition of five new rooms and more event space, is being led by the team behind US based property developer Chatham Park Development.The upgraded hotel will be operated by Bespoke Hotels, which operates more than 14,000 rooms worldwide across more than 90 hotels.
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