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Hill Dickinson advises RBS on funding for Bredbury Hall buy-out

03 Jul 2015

Hill Dickinson’s corporate team has acted on behalf of RBS in their funding of the buy-out of Bredbury Hall, a hotel and entertainment venue in Stockport.

The iconic 147 bedroom complex, which includes a restaurant, nightclub and conference centre, has been sold after 15 months in administration to Bangladeshi businessman, Golam Sarwar.

Sarwar is now planning a £1m refurbishment and has appointed hotel management specialists, Onecall Hospitality, on a three year rolling contract to operate the complex.  

The multi-million pound deal secures the future of the hotel and saves the jobs of all 250 staff.  

Hill Dickinson’s Ian Riggs and Rhian Hughes advised RBS on the deal, with assistance from Tony McDonnell and Emma Sharkey.

Matter Type
Banking & Finance - Real Estate Finance
Industry
Finance & Banking
News Category
Banking & Finance
Real Estate & Construction