L+R Hotels Announce £25m Luxury Development in UK’s Devon Opening Summer 2023
Main Photo: The original Highbullen Hotel
Date: November 2022
Name: The Mole Resort – opening mid-2023
Location: Chittlehamholt, River Mole, North of Dartmoor, Devon, England, UK
Number of Keys: 58 lodges and 36 hotel rooms, with plans to add a further 15/16
Seller: The site was formerly the Highbullen Hotel and acquired by the Chapman family in 2012, for around £3.75m. Frank Chapman was a timeshare pioneer in the UK
Buyer: The hotel was acquired by L+R in May 2021, with a guide price of £5m
L+R Hotels has announced The Mole Resort as the latest venture in its portfolio which spans the UK, Continental Europe, the US and the Caribbean, in many of the world’s most sought-after locations.
Coming to Devon in Summer 2023, The Mole Resort is a luxury lodge destination resort set in 125 acres of countryside near the River Mole, with Exmoor, Dartmoor and the famous North Devon beaches nearby. The resort combines stunning lodges, hotel rooms and superb dining with a myriad of activities.
Fifteen premium eco-conscious lodges are already complete and available for booking, along with hotel rooms at the existing Highbullen Hotel. By summer 2023, The Mole Resort will expand to 58 lodges and a fully-refurbished hotel as part of the c.£25 million redevelopment investment.
Currently on track for completion by May 2023, The Mole Resort joins the L+R collection of some of the most iconic hotels in the UK, including Chewton Glen, Nobu Portman Square, The Lygon Arms and Cliveden House and Spa.
Adrian Bradley, leading the project for L+R Hotels said: “Our simple message is ‘fabulous stays and active days’, which is exactly what The Mole Resort is all about. Not only will our guests be able to relax in their lodges surrounded by spectacular countryside views, but there’s plenty for them to do, both within the resort, and with ready access to world-class beaches and outstanding countryside. From swimming, fitness classes, golf and tennis, to pickle ball and trout fishing, it’s the perfect place for families, groups and couples to do as much or as little as they like, and our resort team is excited to welcome them.”
Price: Over and above the property cost, we understand L+R will invest £25m in the refurb
Price Per Key: Around £300k
THPT Comment: Great buy and devlopment from L+R – the Richardson brothers…makes a fab addition to their UK country-house hotels
First Seen: Hospitality Interiors
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