Firm News

Gordon Dadds advises investment group, Perrys Acre Limited, on acquisition of the iconic Burgh Island Hotel in Devon


18/04/2018

Historic hotel has hosted notable guests including Agatha Christie, the Beatles and Winston Churchill

Gordon Dadds has advised on the share purchase acquisition of Burgh Island Limited, the owner and operator of Burgh Island Hotel and the neighbouring Pilchard Inn, by a consortium led by OSIT (Office Space in Town).

Burgh Island Hotel is one of the UK’s most iconic retreats and is Grade II-listed with an unrivalled history and heritage dating back to 1336. Adding to its charm and exclusivity, the location is cut off from the mainland twice a day, requiring a “sea-tractor” to transport guests to and from the island.

The hotel, which was built in the 1920s and sits atop its own beautiful tidal island just south of Dartmoor National Park, is one of the most important examples of contemporary Art Deco architecture in the United Kingdom. Guests have included Agatha Christie, whose visits reportedly inspired some of her best-selling novels, the Beatles, who stayed at the hotel when they were playing a concert in nearby Plymouth, and Noël Coward, who used it as a relaxing getaway retreat. It is also reported that General (later President) Eisenhower and Prime Minister Winston Churchill used the island as a secret rendezvous location prior to the D-Day invasion.

Burgh Island Managing Director, Duncan Gray, in conjunction with fellow investor Office Space in Town, will oversee a multimillion pound renovation over twelve months which will see a renaissance of this truly romantic and exclusive destination, with several exciting new guest experiences being considered as part of the transformation, including a private members club and a luxury spa, whilst retaining its 1920’s genre.

The Gordon Dadds team was led by Alan Barnett. The finance and property work was led by Alon Domb and Marilyn Elstow respectively with assistance generally from Conor Burns. Support in relation to employment matters was provided by Julia Whyte, with tax assistance from Roger Harding and Huw Witty and from Philip Somarakis with regard to licensing.
Burgh Island’s director, Duncan Gray, said: “Alan Barnett and Alon Domb have led our legal team, who have done a fantastic job presiding over the transaction on our behalf‎.”

Alan Barnett, Corporate Partner at Gordon Dadds, said: “We are delighted to have advised on the acquisition of Burgh Island and its iconic hotel in a deal which will see a multimillion pound renovation of the hotel and ensure the future of the island as a leading travel destination.”

Gordon Dadds