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
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
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
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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