Sporting Lodge Inn: New owner for wedding venue near Middlesbrough
A 140-bedroom hotel on the edge of North Yorkshire is set for new investment after an off-market sale brokered by Simon Stevens Associates and Enterprise Hotels & Hospitality.
Private investors paid an undisclosed sum to buy the Sporting Lodge Inn, located close to the A19 in Stainton, south of Middlesbrough town centre.
The transaction was part of retirement plans by the hotel’s long-term owners, who have operated the business since 2004.
The Sporting Lodge Inn is a hotel with an open-plan reception, bar and 180-cover restaurant, a banqueting suite for up to 250 guests, and a meeting room for 30 delegates.
The freehold property includes a fully equipped leisure club with a fitness gym, 25-metre swimming pool and wellness facilities for hotel guests, plus a strong external membership.
Simon Stevens, founder of Simon Stevens Associates, said: “Amid strong competitive interest, we selected this investor because of their financial strength and proven track record in completing transactions.
“As established investors within the UK hotel sector, the Sporting Lodge Inn aligns with their ongoing expansion strategy.
“We continue to see strong interest from well-funded strategic investors, both domestic and international, who are actively seeking hotels with potential for repositioning.”
Gavin Wright, founder of Enterprise Hotels & Hospitality, added: “We are delighted to have completed the sale of the Sporting Lodge Inn to private investors.
“Having been under the same ownership since 2004, this transaction marks the close of an important chapter and the start of an exciting new era.
“We believe the hotel presents significant value-added opportunities for the new owners to enhance and grow the business further.”
The Sporting Lodge Inn’s facilities have established it as a venue for conferences, weddings, and social events across Teesside, North Yorkshire and the wider north-east.
The statement added: “The hotel is close to major employment hubs and the nearby Teesside University, as well as being on the edge of North Yorkshire, and its expansive grounds offer parking for approximately 280 vehicles.”
The private buyer and vendor in the deal are unnamed.
Katherine Cereghino and Owen Franks from Howes Percival provided legal advice on the deal for the buyer, while Richard Bellamy and Hannah Gaskell from Shoosmiths represented the vendor.