Belfast's Lansdowne Hotel has been sold for a sum thought to be in the region of £1.25 million.
According to The Irish News, the purchaser is understood to be a locally based licensed operator and is expected to take vacant possession of the 25-bedroom venue in the coming weeks.
The hotel hit the market following six years of being operated by UK hotel chain Metro Inns.
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Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.Commenting on the hotel's sale, director of estate agency Osborne King Mark Carron said, "The current position is that the Lansdowne Hotel has been agreed for sale to a local investor, and the deal is due to complete in the coming weeks."
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
