Fladgate’s hotels and leisure team has acted for Khanna Enterprises (Holdings) Limited on the sale of Khanna Enterprises (Kenilworth) Limited, the company owning the 115 bedroom Holiday Inn Kenilworth, Warwick to BGAM Hotels for £10.4 million. Situated in Kenilworth town centre, the hotel benefits from a Marco’s New York Italian and an onsite Starbucks café.
The Fladgate team comprised partners Amy Collins (corporate), Eddie Powell (commercial) and James Fry (property), assisted by Ashleigh Brinklow (corporate), Anthony Reeves (tax) and Gemma Grunewald (tax).
Anil Khanna of Khanna Enterprises said, “Fladgate did an excellent job in efficiently moving the transaction forward and we look forward to working with the team again”.
Commenting on the transaction, Amy Collins said: “It was a pleasure advising Khanna Enterprises on this transaction, and we’re delighted that we could assist. We very much look forward to both working with them on future ventures.”