News Beat
The Sporting Lodge Inn in Middlesbrough sold to investors
The Sporting Lodge Inn, off Low Lane in Stainton, has been bought by “established investors within the UK hotel sector”.
The venue, which boasts 140 bedrooms, a bar, and a 180-cover restaurant, has been operated by the same owners since 2004 and was sold as part of their plans to retire.
The off-market sale drew “strong competitive interest”, but a decision was made to select its new owners due to “financial strength and proven track record in completing transactions”.
Over its decades in operation, The Sporting Lodge has become a key venue for conferences, weddings, and social events.
As well as being a hotel and restaurant, the venue has a banqueting suite for up to 250 guests and a meeting room for 30 people.
It is also home to a fully equipped leisure club with a fitness gym, 25-metre swimming pool and wellness facilities for hotel guests, with strong external membership numbers.
Simon Stevens, founder of Simon Stevens Associates, which brokered the deal, said: “Amid strong competitive interest, we selected this investor because of their financial strength and proven track record in completing transactions.
“As established investors within the UK hotel sector, the Sporting Lodge Inn aligns with their ongoing expansion strategy.
“We continue to see strong interest from well-funded strategic investors, both domestic and international, who are actively seeking hotels with potential for repositioning.”
Gavin Wright, founder of Enterprise Hotels and Hospitality, added: “We are delighted to have completed the sale of the Sporting Lodge Inn to private investors.
“Having been under the same ownership since 2004, this transaction marks the close of an important chapter and the start of an exciting new era.
“We believe the hotel presents significant value-added opportunities for the new owners to enhance and grow the business further.”
