Poets House acquired by owner of Llangoed Hall
The 21-bedroom Poets House in Ely, Cambridgeshire, one half of the House Collection which went into administration in July 2015, has been sold to the owner of Llangoed Hall for an undisclosed sum.
Located within three Edwardian Grade II-listed properties opposite Ely Cathedral, the property was the sister hotel to Paddocks House hotel near Newmarket, which was sold last month and relaunched as a wedding venue under the name of Swynford Manor. It includes a 42-cover restaurant, 30-cover bar and two function rooms.
He will be retaining the existing team of staff at Poets House.
The House Collection was launched in 2012 by three former members of the senior management team at legendary golfing hotel the Belfry in Warwickshire - David Toulson-Burke, Jonathan Baker and Ian Cross.
Cross, the commercial director, left the business at the end of 2014, but Toulson-Burke and Baker, previously managing director and financial director respectively of the House Collection, took steps to recover the company after accountancy firm BDO was appointed as administrator.
At the time, Toulson-Burke and Baker told The Caterer that the House Collection had been working with its lender Eastern Counties Finance to refinance the business following litigation losses stemming from a dispute with contractors during the renovation of the two properties, which led to the administration.
Paddocks House hotel sold out of administration and relaunched as wedding venue >>
Poet's House and Paddock House up for sale >>
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