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The historic Lumley Castle in Chester-Le-Street has been rescued out of administration as Lord Scarbrough and his trustees, the owners of the Castle, agreed a partnership with Bespoke Hotels.
The deal, which was secured with the help of administrators PKF GM, has secured the future of all employees and also all future weddings and events that would have had to have been cancelled had the hotel been forced to close
A 14th-Century property, Lumley Castle Hotel features 73 bedrooms, wedding and event spaces and is known for its mediaeval banquets as well as hosting its very own Escape Room.
Lord Scarborough said: ‘Maintaining this wonderful hotel and the team at Lumley Castle is our priority. Lumley Castle was our family home for many centuries and, notwithstanding the best efforts of the previous tenants, who established a successful business over the years, it became apparent that the current structure was not sustainable.
“Therefore, I agreed with my Trustees to take the property in-hand acquiring it from joint administrators Oliver Collinge and James Sleight of PKF GM, to ensure that one of the principal hotels of the county continues to be a key destination for guests, weddings and conferences.”
Thomas Greenall, CEO of Bespoke hotels, added: “We are delighted to manage Lumley Castle Hotel on behalf of the new business owners. It is a truly outstanding hotel in a wonderful location. We look forward to working with the hotel team to continue to offer a fabulous welcome for those visiting this beautiful part of the country as well as playing an important part in the local community.”
