Skip to main content Skip to footer

Victorian mansion in North Wales to re-open under new ownership

12 09 22 Victorian mansion in North Wales to reopen hero

Colliers has sold Northop Hall Country House Hotel to a property investor from Cambridge


A historic country house hotel close to Chester has been acquired by a new investor following a competitive marketing process.

Northop Hall Country House Hotel (previously known as The Chequers), built in 1872, located in the small village of Northop Hall is surrounded by nine acres of private woodland and secluded gardens, with the region’s best walking paths and natural wildlife on the doorstep.

The Hotels Agency and Advisory & Restructuring teams at Colliers advised the Joint Liquidators at Quantuma Advisory Limited on the marketing and sale of the hotel, achieving a price of £850,000.

The hotel was previously recognised for having an excellent culinary reputation and a popular venue of choice for events, as it includes 37-bedrooms, three meeting rooms, restaurant and bar for 90 covers, function and banqueting suite for 150 covers, plus an additional three-bedroom owners’ cottage and car parking for 70 vehicles. 

Northop Hall ceased operations just prior to the COVID pandemic, now new owner Na’ím Anís Paymán, founder of Paymán Investments, has plans to operate the hotel as a wedding and events venue following a refurbishment, ahead of re-opening later this year.

Mr Paymán said: "We are extremely proud to have acquired Northop Hall Country House Hotel. As an impact investment company, we seek to acquire assets that besides making for a successful business, can also be revitalised into becoming a hub for the local community. We very much feel that this acquisition will not only make for a very successful hotel, corporate events and wedding venue given its fantastic location in North Wales and proximity to both Liverpool and Manchester, but it also has the potential to bring employment and funds to the local area as well as attract residents as a base for various community initiatives.

"We are keen to work with the local community to make this place a home away from home for everyone next door or in the neighbouring shires. We are open to ideas, businesses and locals interested to make this gem the ‘go to’ place for the best and most meaningful moments in our personal or professional lives. 

"The hotel and conference centre will trade under our group brand, Paymán Club. Having got married myself just a fortnight ago, my wife, Sara, and I have decided to set up a sister brand, Paymán Weddings, which will advertise a number of our wedding venues across the UK with Northop Hall Country House Hotel being one of the many beautiful venues in our collection."

Colliers has sold over 100 hotels nationally since the beginning of 2021, completing a significant number of sales in North Wales including Penmaenuchaf Hall Dolgellau, Swallow Falls Hotel and Tyn y Fron both in Betws y Coed. The region continues to be a hotspot for visitors to access the North Wales coastline and Snowdonia National Park.

Neil Thomson, associate director for Colliers’ Hotel Agency comments: “Northop Hall Country House Hotel is a magnificent property, immersed in history and undoubtedly one of North Wales’ premier venues. Not only is the hotel located in a leading tourist area, but the region is also a sought-after investment destination. 

“For a while now there has been a great deal of confidence within the hospitality industry in North Wales, and the number of transactions we have completed so far this year shows this. We predict the activity to continue with the help of the Welsh Government’s recent campaign, which has been placed to attract international visitors and high spending overseas tourists to the area.”

Nick Hammond, Head of Advisory & Restructuring at Colliers, added: “We are pleased to have supported Quantuma Advisory Limited in this matter and look forward to seeing new life breathed into this impressive venue. The UK hospitality sector is a vital part of our cultural fabric and we are acutely aware of the challenges the industry faces amid rising costs and supply chain constraints, so we remain committed to providing practical, market-facing advice to our clients to help navigate the months ahead.”

View our Hotels services

View our Advisory & Restructuring services


Related Experts

Neil Thomson

Associate Director

Hotels Agency

Manchester

Neil is a part our Hotels team in Manchester, and joined Colliers International in 2010 bringing with him 25 years of experience in the property industry in both residential and commercial property sales. Neil specialises in the disposal of privately owned hotels, licensed and hospitality businesses, throughout  the North West and North Wales regions, and has played a vital role in ensuring completion on a multitude of different types of hotels during his involvement in the hotel industry. 

View expert

Nick Hammond

Head of Advisory & Restructuring

Advisory & Restructuring

Birmingham

I am a Director and Head of the Advisory & Restructuring team at Colliers, which provides real estate restructuring, turnaround and insolvency services to lenders, investors, business management teams and practitioners across all UK property sectors.

We specialise in providing effective, practical solutions to complex situations – integrating real estate valuation, strategy and disposal services with in-depth market knowledge to help key stakeholders assess value, identify opportunities, mitigate risk and release capital.

By working closely with the wider Colliers platform and local sector experts across core and alternative markets, we quickly adapt to and evaluate a wide range of property sectors and locations throughout the UK – including residential, retail, licensed & leisure, hotels, healthcare, automotive, office and industrial.

We are passionate about providing effective advisory and restructuring services to businesses, their lenders and investors – combining our restructuring experience with full-service real estate expertise to ensure that every project is delivered in a dynamic, tailored way to achieve consistent and efficient results.

My role includes: 

  • advising lenders and investors on non-performing loans and facility covenant breaches – acting consensually or via appointment as LPA / Fixed Charge Receiver; 
  • working with business and asset managers to help evaluate and reorganise real estate portfolios – including occupied estates, trading assets and investments; and
  • acting for financial consultants and Insolvency Practitioners to assist with corporate restructuring and insolvency – helping to assess value, mitigate risk and maximise returns.

I am a Chartered Surveyor, RICS Registered Valuer, APC Assessor and LPA / Fixed Charge Receiver.

Having worked throughout the real estate cycle since 2007, I have a breadth and depth of experience in property valuation, lease advisory and restructuring.  Prior to this, I studied Real Estate Management and International Banking & Finance at Nottingham Trent University and Nottingham Business School. I also have experience in sales and running a small business.

Outside of work, I enjoy keeping fit, spending time with family & friends and supporting local small & independent businesses, particularly in the food and leisure sectors.

View expert

Kristy Watt

PR Executive

PR

London - West End

View expert