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Newcastle law firm checks in with hotel purchase

ByDave Stopher

Oct 27, 2016

 

Newcastle-based Clarke Mairs LLP acted for clients Roger and Magda Davy in the purchase of the Best Western Beaumont Hotel – Hexham’s premier hotel, which overlooks Hexham Abbey and Sele Park.

The late Victorian hotel has 32 double en-suite bedrooms, parking, a restaurant and bar, and was purchased with funding from Barclays Bank PLC, for whom Clarke Mairs also acted.

The new owners, the Davys, live in Hexham and know the hotel well, as it has long been one of their favourite local venues, and they have held several family gatherings there. The couple have significant experience in the hospitality industry, having just sold The Aleksander, a successful Twickenham pub which they named after their son, and this is the first hotel they have bought.

Over the course of the purchase, Clarke Mairs’ partner Tim Clarke handled business, licensing and finance matters, partner Gillian Bassett managed property matters, and partner Lee Betchley was responsible for employment matters, assisted by trainee solicitor Paulina Kolenda.

Roger Davy said: “We decided to buy The Beaumont because we feel it has fantastic space to create a vibrant, brasserie-style eatery in Hexham, which will go well with its already thriving hotel business. Also, the hotel has hosted many significant family events for us over the years and has great sentimental value.

“We will be keeping the existing name and we look forward to working with all members of the excellent team. We have several plans to refurbish the restaurant and bar along with a number of rooms in the coming months.

“Clarke Mairs provided comprehensive advice on all legal aspects of the purchase and were very approachable and helpful throughout the process. The team worked quickly and we’d be happy to recommend them. They gave us excellent support.”

Tim Clarke said: “We acted for Roger’s mother when she sold her business, so we’re delighted to have been able to assist the family again to secure the purchase of this beautiful hotel. We worked hard to complete the purchase within a short two month timescale, and we’re particularly proud to have achieved this over the holiday season.

“The Best Western Beaumont Hotel is well-known in the Hexham community and we wish Roger and Magda every success with their exciting plans for this much-loved local landmark.”

Clarke Mairs offers legal services to businesses and individuals nationwide. It is ranked in the Legal 500 and is LEXCEL accredited through the Law Society.