Bath businessman Cosmo Fry puts Big Sleep Hotel up for sale for £3m
THE Big Sleep Hotel in Cheltenham – famous for its budget-priced rooms and boutique-style features – is on the market for £3 million.
Owner and extrovert, Bath businessman Cosmo Fry says he decided to sell it together with two more Big Sleep Hotels in Cardiff and Eastbourne to concentrate on other business interests.
The 60-bedroom Big Sleep in Wellington Street, Cheltenham, has the highest price tag of the three.
The hotel in Cardiff is on sale for £2 million, and the one in Eastbourne for £1.6 million.
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The Cheltenham site was converted from a former tax office and was famous for incorporating Mr Fry’s love of “formica, fleece and fur”.
The lengthy conversion work was filmed for TV’s Risky Business, making television stars of society couple Cosmo Fry and his wife Lulu Anderson.
Cosmo designed the furniture, fixtures and fittings for the minimalist concept through his Counter Tops business and has long been a devotee of formica.
Yesterday he said he was sad to sell it and hoped vendors realised there was “mileage left in the Big Sleep brand”.