Blandy & Blandy has advised Bristol-based Crest Hotels Group on the acquisition of the Metropole Hotel & Spa in Llandrindod Wells, Wales, for an undisclosed figure.
The 109-bedroom hotel had been owned by the same family for five generations, having been purchased by Elizabeth Miles almost exactly 125 years ago. Until recently, the hotel had been run by siblings Justin Baird-Murray and Sarah Hill.
Crest Hotels Group currently owns seven hotels and employers more than 300 staff.
The company was advised by partner David Few and Emma Ford and Adam Chalker in our Corporate & Commercial team, and partner John Dingle, in the firm’s Commercial Property team.
Crest’s directors, Gurjinder and Parminder Singh, said: “We are extremely proud to bring this iconic hotel into our existing portfolio and look forward to working with the team in situ to further build on its reputation and stature.
“It has been a pleasure working with David, John and their teams who have advised and helped to navigate us successfully through the acquisition process.”
David Few added: “It was a delight to be able to assist Crest Hotels Group acquire the Metropole Hotel and Spa, to be added to the Group’s’ portfolio of profitable and outstanding guest-focused hotels. We wish Gurjinder and Parminder all the best for the future.”
For further information or legal advice, please contact law@blandy.co.uk or call 0118 951 6800.
