The Crewe Arms Hotel in Crewe has been sold for around £1m to property company Silverton Global, which plans to continue to operate it as a hotel and will perform a major refurbishment programme.
The hotel opposite Crewe railway station is one of the few remaining buildings from the 19th century new town and once hosted Queen Victoria.
Crewe Arms was offered for sale by Harpreet Singh, who had owned the property since 2008. The hotel has 61 en-suite bedrooms, a restaurant, lounge and bar, seven meeting and conference rooms and a contract car park with 120 spaces.
The specialist hotels division of the North West office of Colliers International in Manchester was appointed to sell the property by Singh.
Neil Thomson, associate director at Colliers International, said: "The sale of this historic hotel attracted strong levels of interest after a short but successful marketing campaign. Interest was expressed by a number of hotel operators and potential buyers proposing alternative usage.
"The hotel was finally acquired by the expanding property development company Silverton Global which intends to refurbish the building to return to its former glory."