Oakman Group has announced its second acquisition deal in as many months after acquiring The Woburn Hotel on a 25-year lease with The Bedford Estates.
The Woburn Hotel, which sits at the gateway to Woburn Abbey, boasts 48 luxury bedrooms and seven individual cottages within the grounds, as well as three conference and events spaces, a restaurant and a large bar.
The hotel was closed last year due to the impact of government restrictions but Oakman is hoping to get it open again on 17 May when indoor dining is permitted under the government’s proposed hospitality roadmap.
Oakman has already started the process of recruiting and is looking to create 60 new jobs.
Dermot King, CEO of the Oakman Group, said: “Following our acquisition of The Seafood Pub Company, this represents another major step in delivering our vision for the business.
“The Woburn Hotel represents a significant addition to our existing portfolio which contains many historical coaching inns and remarkable buildings. The Woburn Hotel’s history and strategic position in Bedfordshire make it a superb venue for both the leisure and business traveller.”
Oakman, which operates more than 30 pubs and restaurants, now has 225 bedrooms across its estate.
Mr King said the chain plans to grow its capacity further.
“We are developing our ability to provide compelling ‘stay-cation’ packages as well as ensuring we meet the needs of business travellers. As well as all the local attractions, The Woburn Hotel has the advantage of being only twenty minutes from Luton Airport and only ten minutes from the commercial centre of Milton Keynes.”