High Court orders takeover of No 1 Oxford Street Hotel owned by Cheddar

The High Court in Accra has allowed UK-based Cola Holdings and its appointed Receiver, Nii Amanor Dodoo, to use police assistance to take possession of the No. 1 Oxford Street Hotel in Osu.

The Commercial Division 6 of the High Court, presided over by Justice Faraday Johnson, granted the order on Tuesday, July 21, 2026.

The application was filed after Kensington Residential Partners 1 Limited, the company currently occupying the hotel, refused to hand over the property to the Receiver voluntarily.

Kensington Residential Partners 1 Limited, whose director is Nana Kwame Bediako (Cheddar), opposed the request, but the court dismissed its objections.

According to court documents available to GhanaWeb, Justice Johnson ruled that Cola Holdings had followed the legal process under the Borrowers and Lenders Act, 2020 (Act 1052). The company had registered its security interest over the property and obtained the required approval to enforce its rights.

The judge also found that Kensington Residential Partners 1 Limited did not provide enough evidence to prevent the court from granting the warrant.

Cola Holdings and the Receiver were represented by lawyers Tsatsu Tsikata and Tata Kosi Foliba, while Bobby Banson and Isaac Akerefie-Mensah represented Kensington Residential Partners 1 Limited.