Our Corporate team has acted on the sale of the Dower House Hotel & Spa in Knaresborough, North Yorkshire.
Sold by Ashdale UK Ltd, the business and assets of the hotel were acquired by growing pub company the Inn Collection Group for an undisclosed sum.
The hotel, owned by Ashdale since 2008, boasts 38-bedrooms as well as a spa and swimming pool, and will add to the Inn Collection Group’s portfolio as part of its expansion into Yorkshire.
Kim Klahn, a partner in our corporate team, led on the deal. She said: “It was a pleasure to work with Ashdale to finally complete this long running transaction.”
Martin Wicks, director of Ashdale, said: “We are pleased to have completed the sale of Dower House to the Inn Collection Group, and hope the new owners will enjoy her as much as we have over the last 15 years.
“Ashdale UK Ltd retains the Hazlewood Castle Hotel and Spa near Leeds/York and will be increasing investment as well as considering future hotel purchases.
“Thank you to Kim Klahn and the team at Clarke Willmott who worked diligently to get the deal over the line.”
Kim Klahn was supported on the deal by solicitor Raksha Aggarwal and associate David Lovelock who dealt with property matters.
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