Top North East Hotel Sold
THE only five star hotel in the North East, Seaham Hall, has been sold in a multi-million pound deal.
The owners Sage tycoon Tom and his wife Jocelyn Maxfield have agreed a deal to sell both Seaham Hall and their Lake District hotel The Samling to Somerset-based Von Essen Hotels.
The timing of the deal has taken the property market by surprise, with several North East agents expressing amazement that it has been completed when many property prices are dropping.
Von Essen operates some of the UK's most exclusive hotels including Cliveden in Berkshire and The Royal Crescent in Bath.