The Stag Hotel sold by Bruce & Co.

Bruce & Co are delighted to announce the successful sale of The Stag Hotel, sold to a first-time buyer in just seven weeks after marketing.

The hotel, situated in Hampshire, is a 19th century charming bed and breakfast business located in a popular village in Lyndhurst.

The business is ideally positioned at the heart of the village just a short walk from a selection of shops and local amenities with public transport facilities and the main roads are close at hand.

The hotel has cemented a strong reputation since its inception in 2014 and enjoys repeat custom as a result.

Having successfully operated in the area for many years and under current ownership for the last 7 years, the current owner wanted to sell The Stag Hotel as they wanted to enjoy their well-deserved retirement.

Recognised as the leading business broker in the UK, the owner instructed Bruce & Co in the sale and our bespoke marketing campaign generated three strong offers.

The hotel was sold to a first-time buyer in the licenced and leisure sector. They wanted a new project and felt The Stag Hotel would be a good investment.

Upon completion of the sale, the vendor said: “The level of service from Bruce & Co has been good from start to finish and I am happy with the fact we got a sale so quickly from the offers received.

“It was time for me to move on and I am more than ready to have some time for myself. With Covid-19 and the lockdown restrictions in place, I was conscious that a deal wouldn’t happen, but I am happy that we got it done in the end.

“Thank you to everyone at Bruce & Co.”

The buyer said: “This process has been long and stressful because of the ongoing pandemic, but I am happy with the service provided by Bruce & Co.

“Their support has been excellent, and the feedback was always regular throughout the process. Thank you to Lauren Lees for your efforts.”

Sales Negotiator, Lauren Lees, said: ““I am really pleased to have achieved a sale and sold the business for our seller during a pandemic.

“The purchaser was the first to view the business and their offer was accepted within the first seven weeks of marketing.”