Stockport and Cheshire law firm SAS Daniels acted on behalf of Truffle Hotels Ltd in the acquisition of a luxury hotel and wedding venue, Mere Court Hotel near Knutsford.
The deal saw the 4-star hotel purchased off a guide price of £4 million from Edgeman Limited, a North East-based hotel group that had operated the venue for a number of years.
Steven Percy, partner and head of commercial property at SAS Daniels and Paul Tyrer, partner in the corporate team at SAS Daniels, acted on behalf of the buyer, working in tandem to finalise the multi-million-pound transaction ahead of a busy trading period.
Truffle Hotels is looking to invest significantly across the whole business to increase the leisure offering and to bring out the hotel’s full potential.
Steven Percy, partner and head of commercial property at SAS Daniels, commented:
“Our team worked tremendously hard to complete this important acquisition and we look forward to seeing the new owner’s exciting plans for the Mere Court Hotel brought to fruition in the coming months.”
Peter Heywood, director of Truffle Hotels Ltd, added,
“The Mere Court is a well-established country house hotel in an ideal location. Our plans for the future should ensure it becomes a first class venue for both business and leisure. Thank you to the teams at SAS Daniels for providing a swift, professional and efficient service.”
SAS Daniels LLP is a Cheshire-based law firm with offices in Stockport, Chester, Macclesfield and Congleton, servicing both businesses and individuals throughout the local area and nationwide.
Pictured: (L-R) Paul Tyrer, Partner in the Corporate team at SAS Daniels; Peter Heywood, Director of Truffle Hotels Ltd; and Steven Percy, Partner and Head of Commercial Property at SAS Daniels.
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