Christie Finance secures funding for the sale of Beggars Reach Hotel in Pembrokeshire
Christie Finance have supported the purchase of the renowned hotel and events venue set within seven acres of landscaped gardens and lawns in Pembrokeshire, South Wales.
Christie Finance
The well-established hotel comprises 30 ensuite bedrooms, a restaurant, bistro/breakfast room, and several function and event spaces, including an Orangery. Popular with leisure and corporate visitors alike, Beggars Reach Hotel also serves as a sought-after wedding venue and boasts significant potential for future development, with previously approved planning permission for 20 additional bedrooms and a spa facility.
Funding was secured by Tamara Ryan, Finance Consultant at Christie Finance, who worked closely with the buyers — an experienced local business family with an existing portfolio including a popular fish and chip restaurant in Tenby and other commercial ventures. This acquisition marks an exciting step in their continued plans to grow their business interests within the region.
Tamara Ryan commented:
"It was an absolute pleasure to support my client with the purchase of Beggars Reach Hotel. An experienced local business partnership, they have lots of ambition and creative ideas to really grow the success of this hotel. We were able to secure funding within a couple of weeks of the offer being accepted and worked in partnership with Christie & Co to see this through to completion. The funding obtained was highly competitive and shows the appetite that is currently available for funding hotel acquisitions. I wish my client all the success with this new venture.”
The property was sold off an asking price of £950,000.
Christie Finance continues to demonstrate its commitment to supporting ambitious entrepreneurs and experienced operators by providing tailored funding solutions across the hospitality sector.
For further information, please contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
Finance Enquiries:
Tamara Ryan, Finance Consultant – Christie Finance
P: 07764 241 295
E: tamara.ryan@christiefinance.com