A 62-bedroom hotel has been sold to a businessman who is now set to spend £3 million refurbishing it.
Hunton Park Hotel, near Kings Langley, went on the market with a guide price of £16 million.
It has now been bought by Neal Khanna, who also owns Denham Grove Hotel in Buckinghamshire. He will rename it The Hunton Park.
Mr Khanna had been looking to expand his business, and Countrywide Hotels, which manages the hotel, helped facilitate the purchase.
Mr Khanna plans to spend a further £3 million improving the hotel including retaining the current team and enhancing the training of employees.
He said: "I am very pleased to have acquired the Hunton Park Hotel and add another quality asset to our portfolio. Moving forward the hotel will be called The Hunton Park and it will complement our existing hotel and catering business, I look forward to developing the hotel further into a boutique and destination property."
The hotel sits on a 22-acre estate just outside Watford and also has ten meeting and event spaces.
Darren Patt, managing Director of Countrywide Hotels, said: "We are delighted to be working with Neal on this new project. Hunton Park offers a great business opportunity, it is in a great location and offers a wonderful place to stay, eat and socialise for guests.
"We look forward to the exciting changes and new phase of the hotel."
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