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03 September 2021 | Hotel Mortgages

Christie Finance supports purchase of popular country hotel on the River Taw in Devon

Hospitality finance specialist, Christie Finance is delighted to have supported the purchase of Fox and Hounds Country Hotel in Eggesford, Devon, with sister company Christie & Co running the sale.

The highly valued hotel is perched on the banks of the River Taw, located within North Devon’s picturesque countryside. It is set in six-acres of stunning grounds and enjoys beautiful scenery nearby, offering the Tarka Trail for hikers and cyclists.

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Fox and Hounds Country Hotel comprises 22 en-suite bedrooms and a luxury self-catering two-bedroom treehouse, along with a restaurant, bar and several miles of fishing beat for visitors. It is a highly successful, dog-friendly hotel having achieved strong ratings on TripAdvisor and Booking.com, and regularly features in the top-ranked wedding venues in Devon.

The hotel has been purchased by husband-and-wife duo, Helen Walker-Lane and Michael Lane. They are highly experienced business owners who bring valuable entrepreneurial experience having previously developed several businesses and establishing one of the largest software development companies in Canada.

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Helen and Michael are now seeking to further develop the hotel and grounds, building on the success that the departing owners, Nick and Tara left, who are in turn planning to focus on their other hospitality business.

The acquiring pair will be involved in the day to day running of the business and plan to expand the accommodation with the possibility of implementing ‘glamourous glamping’ pods and more lakeside treehouses.

Helen spoke of the pair’s delight after working with us to secure funding, “It was love at first sight when we first drove into the Fox and Hounds last year, with Michael’s passion for fly fishing forming no small part of the attraction. The hotel had already been masterfully run by Nick and Tara over the past few years, and it was a stroke of genius implementing the impressive treehouse right at the height of the glamping boom which we see going from strength to strength over the next few years. We hope to create something really special within the already impressive grounds which will be absolutely perfect for family fun and group staycations.

Christie Finance were instrumental in securing funding for our purchase. Jimmy Johns was a delight to work with as he was professional and knowledgeable and knew exactly which lenders to approach. Within a few days of submitting our business plan, we had a multitude of finance offers to choose from.”
 

Contact the agent:
Jimmy Johns, Associate Director – Christie Finance
P: 07711 767 593 or E: jimmy.johns@christiefinance.com
 
 

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