Press Release: Compton Acres secures Italian Villa from Administration
Poole-based Compton Acres Ltd has been working closely with the Administrators of Beales Gourmet Ltd to surrender the lease of the Italian Villa back to the company as landlord.
Quantuma, one of the Joint Administrators, described the agreement as “a creative and practical solution that will allow bookings and events to resume at the Italian Villa as soon as the Government loosens the current legal restrictions”. The agreement does not include Beales Gourmet Ltd as a going concern.
Bernard Merna, Director, Compton Acres Ltd says; “We feel for those who have booked their special days and celebrations with the Italian Villa under these disappointing circumstances. It has been a priority for us to speak to as many as possible personally to find out if they had event insurance or credit card protection relating to their booking. We have so far made over 50 phone calls to those we are aware of to discuss the situation and we are pleased that more than 45 of those individuals have already agreed to rebook the Italian Villa once we know from the Government what we are able to do.
“We are extremely proud of the Italian Villa which has won many awards and witnessed hundreds of weddings and special events over the years. We hope we can get the Villa back on track as soon as possible to create more happy days ahead. We will do what we can to accommodate those who have been left in such a difficult situation. It was important to us at Compton Acres, ourselves a creditor of the sudden administration of Beales Gourmet, to minimise the damage by taking us out of the equation, hopefully leaving a little more for those who have paid deposits for their events without insurance or credit card protection.”
Former clients of Beales Gourmet Ltd who booked their wedding or event at the Italian Villa and wish to continue to use the venue can contact Compton Acres Ltd via email at email@example.com to discuss and explore options for rebooking.
Two former employees of Beales Gourmet Ltd who were made redundant are also being employed by Compton Acres Ltd to help with some continuity for clients of the Italian Villa.