Galgorm confirms £1 million strategic investment following multi-million-pound deal
Galgorm Collection has today confirmed the purchase of the historic, four-star luxury hotel The Old Inn in a multi-million-pound deal.
The investment by Galgorm Collection, which owns the world-renowned Galgorm Spa & Golf Resort and a number of other properties across Belfast and Antrim, includes £1 million in further development and extension plans to the property.
The company has also confirmed that all existing team members will be retained across the North Down property which is currently preparing to safely reopen its doors as soon as hospitality restrictions are lifted.
Colin Johnston, Galgorm Collection Managing Director, said:
“Galgorm Collection is committed to cementing the region’s reputation as a world-class tourism destination through our property portfolio. The Old Inn is one of the region’s most historic and appealing hotels, located in a unique and charming location which makes it a perfect fit for Galgorm.”
With a history dating back to 1614 and links to the world-famous local author C.S. Lewis, the iconic thatched-roof property has become one of the country’s top hotels, having received the prestigious accolade of AA Hotel of the Year in 2017/18 after a series of enhancements and extensions.
Occupying a prominent 1.5-acre site in the heart of Crawfordsburn village, the property is located adjacent to Crawfordsburn Country Park, offering a tranquil escape just 20 minutes from Belfast.
The hotel boasts 33 individually styled bedrooms, two wedding suites, and the 78-seater Lewis restaurant. As part of its investment, Galgorm Collection plans to develop the property to the rear of the site.
“With an initial strategic investment of £1 million, we are planning to build upon the hotel’s award-winning credentials and extend the site to incorporate a boutique spa with infinity pool, hot tub, sauna, steam room, private cabanas and relax space.
“We’re thrilled to add The Old Inn and its fantastic team to our collection and take this iconic property forward into a new era for tourism and hospitality. We are confident we will be in a position to reopen the restaurant and bar mid-to-late May, based on the easing of Government restrictions. Reservations for future stays can be made from 19th April and we look forward to safely welcoming guests back to enjoy a fantastic stay”, added Colin.
As well as supporting its world-class leisure proposition, the latest move by Galgorm represents a further strategic investment of the group’s hospitality assets, but also reinforces the company’s ongoing commitment to the tourism industry and Northern Ireland as a whole.
The acquisition of The Old Inn adds to the group’s already impressive suite of hospitality assets, which includes the award-winning Galgorm Spa & Golf Resort, the 3AA Rosette River Room Restaurant, Gillies Bar & Grill Restaurant and Fratelli’s. The group also operates Castle Kitchen & Bar at Galgorm Castle Golf Club in Ballymena.
In Belfast, it also operates restaurants Fratelli’s on Great Victoria Street and Café Parisien, offering a French brasserie-style menu in the iconic Robinson & Cleaver building overlooking City Hall on Donegall Square.
Last year, the group confirmed the purchase and refurbishment of its latest hospitality venture, The Rabbit, located in Templepatrick at the site of the former Templeton Hotel, which is due to open on Friday 18 June 2021.