Redwings Lodge Group is a small chain of privately owned hotels, located in central and South East England – Wolverhampton, Huntingdon, Stevenage, Milton Keynes, Rutland and now Oldbury.
The 81-bedroom hotel and conference centre was put up for sale following a turnaround in business performance since former owner and local businessman, Gurjit Mahal, bought the hotel out of administration in 2012.
Redwings Lodge is now planning to add more bedrooms and restaurant space at the hotel, which will be ten years old next year. The group is also looking for other hotel opportunities in the West Midlands to add to its portfolio.
The Ramada sale was handled by specialist business property adviser Christie & Co. Charles Jones, senior business agent at Christie & Co said: “The Ramada opened in 2008 and also includes a restaurant and four function rooms which are extensively used for conferences, events and weddings so we knew it would generate a lot of interest once on the market.
“Redwings Lodge is very happy to be associated with the Ramada brand and plans to extend the property, adding new restaurant space and further bedrooms. They are also looking to further expand their portfolio within the Birmingham and Coventry area.”