A guest house on Bristol’s northern outskirts dating back to the 18th century has a new owner after more than a year on the market.
The Coach House at Hambrook, pictured, which had a guide price of £975,000, has15 ensuite bedrooms, a dining room, owners’ accommodation and a car park set within 1.2-acres of private grounds close to the M4/M32 junction. 
Specialist business property adviser Christie & Co, which managed the sale, said the building dated back to 1780 and had been sympathetically restored and extended over the years “to create comfortable, modern accommodation, whilst retaining period features such as exposed wooden beams”.
It was originally the coach house to neighbouring Hambrook Grove Manor, before the properties were split many years ago.
Its buyer is the owner of Hambrook Grove Manor, who plans to continue running it as a guest house, as well as hosting more events and weddings in its private paddock.
Christie & Co senior agent Sam Roberts, pictured, who specialises in the Bristol, South
West and South/Mid Wales markets, said: “After a year or so on the market, we are thrilled that, after taking our advice on a pricing strategy, a buyer was found swiftly after.
“The sale concluded relatively quickly and I wish the new owners every success in their venture.” 
Meanwhile, a new report has said the South West’s hotel property market is poised for another busy year after investment deals soared by an estimated 89% in 2024.
Total investment reached £133.1m last year, according to international real estate advisor Savills, a major player in the regional market – with a significant proportion of this attributed to portfolio sales.
Sales of individual hotels rather than groups are likely to make a comeback this year, Savills said – and with the sector across the region dominated by private owners, this could lead to a busy 12 months.
The market is also expected to receive a boost from increasing visitor numbers.
Bristol’s full recovery from the dire impact of the pandemic on its tourism industry was confirmed just before last Christmas by Visit West, the destination marketing organisation behind the Visit Bristol brand.
Savills hotel capital markets associate director Harriet Fuller said: “In 2025, we anticipate an increase in the transaction volumes of individual assets, in contrast with the number of portfolio transactions across the UK in 2024.
“The South West is a market characterised by predominantly single assets and as such is well placed to benefit from this trend.
“Furthermore, with the continued growth in tourism and the appeal of stable, long-term returns, we expect transaction volumes to remain robust this year.”
Nationally, hotel investment transactions were estimated to have reached £5.75bn last year, according to Savills – more than double 2023’s volume and the highest level of activity in the sector since 2018.
Portfolio volumes grew by 582% year-on-year, reflecting the subdued levels of activity seen in 2023, Savills said.
