Cheltenham Hotel provides setting for oil industry executive’s first foray into hospitality

An exceptional hotel business in the heart of Regency Cheltenham has changed hands following a sale brokered by real estate services company Colliers International.
 
Beaumont House, on Shurdington Road, has been bought off a guide price of £2.1 million by Fiona Burke, who has moved into the hospitality sector following a 20-year career with BP including a six year stint at Canary Wharf working in currency risk management and oil derivative sales.
 
The Dublin-born businesswoman was inspired to branch out on a new career by co-director Arron Howle, who left the oil industry four years ago to buy the Peartree Serviced Apartments Hotel in Salisbury – also through Colliers International.
 
Fiona has set up Willow Boutique Hotels – which is named after her daughter. She said: “Though the oil industry is an exciting place for a career and I thoroughly enjoyed my time at BP, following the birth of my daughter I started to look for a new challenge.
“I knew Arron was making a great success of his new business in Salisbury - and achieving a much better work-life balance.
 
“I’m planning to do something similar at Beaumont House as there is plenty of potential to build up the business, by adding more rooms and small suites aimed at the business traveller.
 
“They often stay over for two or more nights and love the idea of their own kitchen space. I also want to cater more for families and hope to add spa treatment facilities along with daytime coffee and cakes.”


Peter Brunt, a director in the Hotels team at Colliers International, said Beaumont House was arguably the pick of Cheltenham’s privately owned guest houses. 
He said: “This handsome property is believed to date back to the mid-nineteenth century and retains the elegant proportions of the period.  
 
“Regularly used by well-known visitors to the town the Beaumont is easy to find on the A46 leading into the town and a pleasant stroll from the top of The Promenade, Cheltenham’s premier shopping street.
 
“With a combination of Regency architecture, heritage and the proximity to the glorious Cotswolds, Cheltenham is a magnet for tourists and visitors with events and highlights throughout the year – which is why hotels in this class generate enormous interest when brought to market.
 
“Recent months have seen a flurry of competitive bidding for hotel, guest house and pub opportunities in the Cotswolds and reflect the attraction the hospitality sector in the region holds for buyers.” 
 

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Peter Brunt

Director of Hotels Agency

Bristol

Peter is a chartered surveyor who first started dealing with the hotel and pub market in 1988.  He joined Robert Barry & Co in 1995 and after many years as a valuation professional has now been selling hotels and pubs for around 18 years. He is the director in charge of our operations in the south west. This covers the south and south west of England the Cotswolds, Hereford, Worcestershire, parts of Shropshire, south and mid Wales as well as more major instructions in the south west region generally. 

If you used to deal with former colleagues, Jon Wren, Alastair Murchie, James Richards, Chris Kent, Simon Wells or Mervyn Cully please feel free to contact Peter.

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