Holm House is up for sale following financial difficulties

26 June 2012 by
Holm House is up for sale following financial difficulties

A boutique hotel in South Wales which attracted a celebrity clientele has been put up for sale after falling into financial difficulties.

The 12-bedroom Holm House in Penarth, near Cardiff, closed its doors at the end of May and is now being jointly marketed by Christie & Co and David Baker & Co. Offers are being invited in excess of £2.1m.

Hotel management company, ICMI - founded by the senior management of Inverlochy Castle, one of Scotland's most renowned luxury hotels - was brought in to operate the hotel when financial problems at Holm House, which is owned by Margaret Hewlett and her daughter Sue Sessions, first arose.

However, ICMI terminated the contract after five months when the owners "did not fulfil their legal obligations", according to Norbert Lieder, managing director of the management company. Lieder declined to comment further, saying that the issue was now "a legal matter".

Holm House hit financial difficulties in 2010 when it went into liquidation, owing hundreds of thousands of pounds to a local builder for refurbishment work. Prior to the liquidation, the hotel was registered in the name of Piod, a company operated by Hewlett and Sessions, who then continued to trade the business through a new company, the Luxury Hospitality Group, with the day-to-day operation handled by Holm House Hotels Management.

As well as attracting celebrity guests such as Gary Lineker and actress Keeley Hawes, Holm House made a name for itself through its restaurant Neale's, where chef Bryn Williams, a former participant in the BBC's Great British Menu, was a consultant.

Margaret Hewlett declined to comment.

Bryn Williams to consult on Welsh hotel >>

Ty'n Ros country house hotel for sale for £1.35m >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-Newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking