New owners plan relaunch of historic Luttrell Arms in Dunster
The historic Luttrell Arms in Dunster is being lined up for a relaunch after being taken over by new owners.
The landmark grade II pub went into administration in May 2012, but has just been bought by Somerset hotel operators Nigel and Anne Way in a deal brokered by joint agents Colliers International and Savills on behalf of administrators BDO.
The building is opposite the yarn market and offers picture postcard views of Dunster Castle and the Somerset countryside.
Stephen Page, hotels director with Colliers International, said the sale meant the 15th century inn would remain in private hands.
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Mr Page said: “The Luttrell Arms was marketed at offers above £1m and the fact we received eight bids at an informal tender demonstrates the potential would-be owners saw in this fabulous Somerset inn.”
Mr and Mrs Way, who also own the Royal Castle Hotel in Dartmouth and Seven Stars in Totnes, now plan to relaunch the pub and three-star 28-room hotel.
Mr Page added: “This fine 15th Century Grade II Listed period property has the monopoly location in this honeypot destination town.
"The Luttrell Arms is that rarely available property, full of character and charm with large four-poster bedrooms, extensive public rooms and gardens overlooking Dunster Castle. It has been serving guests for centuries and will now continue to do so.”