Rollits advises on deal to secure future of York hotel

Rollits has advised Andy Clay and Rob Sadler of Begbies Traynor LLP, the joint Administrators of Judges Lodgings Limited, on the sale of the Judges Lodgings Hotel in York to brewer Daniel Thwaites plc for £1.5 million.

The 14-bedroom hotel dates back to the 18th Century and has had numerous uses over the years including a private residence and the official residence for judges when sitting in York.

Its use as a hotel began in 1976 and was further redeveloped to include a cellar bar and restaurant but unfortunately the hotel went into administration in January 2012. 

The Rollits team was led by corporate partner Nasim Sharf, who said: "The Administrators traded the business until its recent sale and Rollits were pleased to be able to help them achieve the successful sale of this historic hotel"

Nasim was assisted by associate Craig Engleman. Other members of the Rollits team included Alison Munro and Richard Stirk (property) Lottie Pigg and Ed Jenneson (employment),  Andrew Digwood and James Peel (commercial and intellectual property).

Joint administrator Andy Clay of Begbies said: "It is great news that one of the city's oldest and most prestigious venues will continue to trade.  We were very pleased to work with the expert team at Rollits on this transaction who gave excellent support and advice throughout."

Peter Bean, the renowned hotels expert at Colliers International (which is the world's third largest commercial real estate organisation) acted as the selling agent on the sale.

Posted on: 20/11/2012

This article is for general guidance only. It provides useful information in a concise form. Action should not be taken without obtaining specific legal advice.

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