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Off-market sale of £3.5m hotel sees dad and daughter duo step away from hospitality

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The sale of a hotel in North Wales has seen a dad and daughter in business together disband, following 25 years of ownership.

Beaufort Park Hotel was sold off a guide price of £3.5m by David Bryes and his daughter Sarah Gale in a deal conducted entirely off market to JDP Hotels.

The three-star hotel is set in 3.7 acres and comprises 106 bedrooms, a bar and restaurant plus conference space.

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Now Byers has decided to pursue retirement and so hands over the reins to growing hotel group JDP.

He also owned The Crown in Cumbria until selling the business in December last year.

JDP Hotels is owned and run by entrepreneur Pranay Paw and his family. The group also owns and manages the Best Western Hotel St. Pierre in West Yorkshire.

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.”

Tags : Beauforthotelsnewsownersownershipsold
Zoe Monk

The author Zoe Monk

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