Cliveden, the former Von Essen property at Taplow, near Maidenhead, has been sold to the billionaire property developers Ian and Richard Livingstone for £30m.
The brothers acquired the 41-bedroom luxury hotel out of administration – and are understood to be keen to restore it to its former glory.
Cliveden was a victim of the collapse of Von Essen Hotels, which went into administration, handled by Ernst & Young, with debts estimated at some £300 million. Cliveden is believed to have fetched £30m.
The Livingstone brothers already own another prestigious hotel, Chewton Glen in Hampshire, through their company, London & Regional. Andrew Stembridge, managing director at Chewton Glen, is due to move to Cliveden to help make it “one of the best hotels in Britain” again.