The hotel was originally established by Gordon Vickers in 1987, and features 132 en-suite bedrooms, a restaurant and bar and spa and leisure facilities.
Bespoke Hotels also operates the Chester Grosvenor within the city. Founded in 2000 by Haydn Fentum and Robin Sheppard, the hotel group has grown to represent over 200 properties worldwide, and is one of the UK’s largest independent hotel group.
Ian Latham and Helen Brocklebank from RSM advised the vendors, and Stuart Scott-Goldstone and Jamie Hawley, from Chester legal practice Aaron & Partners, acted as legal advisors to the shareholders.
Gordon Vickers, founder of the Mill, said: ‘It has given me enormous pride to develop the Mill over the last 30 years. RSM’s understanding of the potential for continued development of the hotel and the key drivers of the leisure sector was critical in helping to identify a suitable home for the business which would preserve the hotel’s atmosphere and culture.
“I look forward to seeing the Mill continue to grow and provide a high level of service to its customers.”
Fentum, CEO of Bespoke Hotels, added: “We are thrilled by the prospect of working with this historic property, as well as strengthening our affiliation with Chester and the North West of England, which is a flourishing market and region of real significance to the group.”