Hotel with 700-year-old history snapped up by property specialist
The Shaven Crown, a historic hotel which can trace its origins all the way back to the 1300s has been bought by Larry Lipman, managing director of property specialist Safeland.
The Shaven Crown, located in Shipton-under-Wychwood, between Chipping Norton and Burford, was originally a hospice for the Cistercian monks of Bruern Abbey, and was licensed around 1384.
Lipman paid £1.1m for the hotel.
Peter Brunt, a hotels director with global real estate advisor Colliers International, said: "The inn has been bought by Larry Lipman, one of the main driving forces behind the Safestay business which runs 13 hostels in seven countries and claims to deliver one million rooms per night across the globe."
Source: Insider Media South East
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