UK: Boutique lodge model The PIG has bought its Groombridge Place property in Tunbridge Wells to a personal purchaser.
The Grade I-listed lodge, on the border of Kent and East Sussex, would have change into the tenth property in The PIG portfolio. It was acquired by the group in 2023.
Plans for the positioning included the creation of 40 bedrooms, two eating places, visitor huts, sauna huts, a hydro pool, plus a glasshouse and yoga pavilion.
The undertaking has since been held up by planning complexities.
Kevin Types, CEO, The PIG Accommodations, mentioned: “Groombridge Place is a really magical place, and it’s been a privilege to be part of its story, however the actuality is, regardless of unbelievable help from the native authority and planning groups, our funding focus has developed since we first took it on.
“In fact, there’s actual unhappiness in letting Groombridge Place go. Initiatives like this change into very private, and many individuals throughout our enterprise and past have poured time, power and creativeness into it over the previous few years. The brand new purchaser has expressed a deep appreciation for Groombridge Place’s distinctive heritage and is trying to sensitively improve and spend money on the long-lasting property – we genuinely imagine now could be the fitting time for us to be handing over the guardianship of this glorious property to them.”
Highlights:
THE PIG Accommodations bought the Grade I-listed Groombridge Place lodge undertaking in Tunbridge Wells to a personal purchaser after buying the property in 2023.
Deliberate redevelopment works at Groombridge Place included the addition of 40 lodge bedrooms, two eating places, visitor huts, sauna huts, a hydro pool, and wellness facilities close to the Kent-East Sussex border.
Following planning complexities, THE PIG Accommodations shifted funding priorities and deserted plans for what would have change into the model’s tenth boutique lodge property.
