Beaufort Park Hotel changes hands through Christie & Co
Specialist business property adviser, Christie & Co has completed the sale of the Beaufort Park Hotel in the beautiful countryside village of Mold in North Wales, situated near the Snowdonia National Park and lying within close proximity to nearby towns and cities such as Chester, Liverpool and Manchester.
Located in a popular destination and attracting tourists throughout the year, the three star hotel is set in 3.7 acres of grounds and currently offers 106 en suite rooms, a bar and restaurant, several conference facilities and ample car parking space. The hotel can also accommodate larger functions and weddings, and there is the additional benefit of a two bedroom owner’s apartment with lounge, kitchen and bathroom.
The sale, which was conducted entirely off market, marks the end of an era for previous owners, David Byers and his daughter, Sarah Gale. Following 25 years of ownership, Mr Byers has decided to sell the property to pursue retirement.
Ryan Lynn, Director at Christie & Co’s Manchester office comments on the sale, “The hotel market in the North remains strong and we are seeing high levels of interest ranging from local operators to international investors. The sale of the Beaufort Park Hotel demonstrates the strong appetite for hotel properties in the region. We congratulate Mr Byers on his retirement and we are pleased to have assisted in the disposal of his hotel group, which included the Beaufort Park and Crown Hotel in Cumbria, which we sold in December last year. We look forward to seeing how new owners, JDP Hotels take the business forward.”
A specialist team from Burnetts Solicitors advised Beaufort Park Hotel Limited on the sale, led by Corporate Partner, Michael Walby, with support from Rebecca Davidson and Partner, Robbie Mather, who advised on property matters. Paul Tyrer and Steven Percy of SAS Daniels LLP acted on behalf of the buyer.
The Beaufort Park Hotel was sold off an asking price of £3.5 million.
