Latimer Hinks' Teamwork Helps Tourism Business Buyout

April 28, 2010 - PRLog -- Eileen and Ian Cox run Abbot’s House Farm, which boasts 90 pitches for caravans and tents along with self-catering holiday accommodation comprising a barn, a cottage and part of the farmhouse.  

The legal elements of the commercial deal were a team effort by Latimer Hinks’ staff with Nicola Neilson handling the property aspects, Nick Poole the transfer of the business to sole ownership and Mark Gardner the purchase negotiations.

Nicola Neilson, a Partner at Latimer Hinks, said: "Mr and Mrs Cox’s business is a flourishing one and my colleagues and I are delighted to have been able to help them achieve their goal of becoming the owners of this popular caravan and camping site.

"We wish them well with their plans to further improve the business, which is located in one of the most stunning areas of Britain”

The site, which attracts up to 3,000 holidaying families a year, is situated in the heart of the North Yorkshire Moors National Park and is right alongside the North York Moors railway.

It is an ideal base for exploring the surrounding countryside and tourist attractions by car, walking, or cycling. The village of Goathland - made famous by the TV programme Heartbeat - is only about 15 minutes’ stroll away.  

The existing toilet and shower block will be further enhanced with the addition of a laundry. A new games room is one of the further improvements Mr and Mrs Cox will make, by converting existing unused buildings.

Mr Cox said: "Thanks to there being a wide range of specialists available at Latimers Hinks, we were able to use the firm for all the legal requirements needed to complete the deal. We could not have achieved our dream of owning the business outright without the breadth of expert knowledge available at Latimer Hinks.”

The couple previously owned the business in partnership with another couple.

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Latimer Hinks law firm has a team of more than 50 people serving private and corporate clients.
Their range of expertise and services covers legal issues for private and commercial clients and include - commercial and residential property, wills and lasting powers of attorney, trusts, probate, long-term care, tax planning, commercial law, alternative energy negotiation, property and disputes, business rescue and debt recovery, family law, divorce, pensions, employment, and land-owning etc