Birmingham’s Plough & Harrow hotel under new ownership
ONE of Birmingham’s best-known hotels has been bought out by one of the partners of the business which currently owns it with funding from Barclays.
The Plough & Harrow, on Hagley Road in Edgbaston, has been bought by Robert Smith of Complete Hotel Services, who previously owned a share of the business with his partners.
The £750,000 deal secured 100% ownership for Smith.
He said: “The Plough and Harrow has enjoyed a good reputation over the years. It’s a fabulous building popular with local and national business people as well as people travelling for leisure and visiting the city.
“We have worked hard to build relationships with other local companies to attract more customers to the hotel and look forward continuing to do so.”
Manoj Patel, senior business manager at Barclays in Birmingham said: “The Plough and Harrow is an iconic building in Birmingham’s landscape. Robert and his team have worked tirelessly to grow the business and to be able to support this purchase has been very rewarding.
“I look forward to watching the business develop as Robert puts into place his ambitious growth plans.”
As part of the loan arrangement, the business received a ‘cash back’ facility of £15,000 which will go towards further enhancing the hotel.
The hotel has started promoting traditional afternoon teas which are proving very popular and will be offering new event nights in addition to its already successful murder mystery dinner evenings.
