A new weddings and events venture is to plough £5m into acquiring and redeveloping Chester’s Old Bishop’s Palace into a new venue.
Exclusive Events Venues (EEV) led by entrepreneur and founder Simon Matthews-Williams, has taken over the 18th century Grade-II listed mansion and plans to relaunch it as an exclusive-use weddings and events venue in 2018.
The investment has been funded by Downing LLP.
The property boasts views over the River Dee and is the former residence of the Bishop of Chester.
The site, which is currently vacant, is expected to start hosting events in autumn 2017 before undergoing an extensive refurbishment and relaunching with a new function room and Roman gardens in 2018.
EEV is led by Simon Matthews-Williams, who brings decades of hospitality experience to the project. Artemis Venue Services, a leading promoter and operator of UK wedding venues, co-invested alongside Downing-managed funds and will provide operational expertise to EEV.
Simon Matthews-Williams, founder of EEV, said: “Downing has been a true partner in this investment, providing both the strategic and financial support to help us acquire such a fantastic, historic property in the heart of Chester. We are delighted to work with them and Artemis in bringing Old Bishop’s Palace back to the public as an exclusive-use wedding venue.”