Fri, 07 Mar 2025 | ADMINISTRATION
A North Yorkshire luxury hotel and spa – the Feversham Arms Hotel - has fallen into administration. The venue is, however, continuing to trade and no redundancies are planned.
Oliver Collinge and James Sleight of PKF Littlejohn Advisory have been appointed as joint administrators
The hotel, in Helmsley, North Yorkshire, was built as a coaching inn by the Earl of Feversham on the site of an older hostelry. In 1967 the hotel was bought by Charrington's Brewery before subsequently being bought by Mr and Mrs de Aragues in 1977. The de Aragues extended the hotel and added the swimming pool and gardens.
It was in the hands of a number of private owners before being bought by Feversham Arms Ltd in 2008.
The hotel continues to operate as normal under the control of the administrators, and is set to be put on the market shortly. All hotel staff – believed to number around 80 - are being retained, and no redundancies are planned.
Collinge said: "All deposits paid and bookings already made, including for events, will be honoured and will go ahead unaffected and as planned. Similarly, any vouchers that people have for use at the venue can be used as normal.”
He said that the hotel will continue to take bookings for future events and sell vouchers as normal. These will be ringfenced to provide assurance to guests and customers.
“It's very important to us that the hotel should continue to provide the high standards of service that guests are accustomed to,” said Collinge."The Feversham is a stunning hotel in a beautiful location. With 33 guest rooms, a luxury spa and a range of upscale dining experiences, we anticipate especially strong interest and we're very confident of finding a buyer and securing the long-term future of the hotel and its team."
Find out more about insolvencies in the hospitality sector
This is a unique opportunity to acquire a well-established independent travel agent located in a bustling suburb of Bradford, known for its strong local clientele and potential for growth.
An exciting opportunity to acquire a charming hotel and restaurant located just 40 minutes west of Glasgow on the picturesque A78 coastal route.
FREEHOLD
An exceptional opportunity to acquire two stunning hotels operating as a single entity, situated along the highly sought-after North Coast 500 route.
FREEHOLD
13
|
Jun
|
IT services giant divests domestic business to focus on international growth | DIVISION SALE
M247 Group, a major connectivity and IT services group headq...
13
|
Jun
|
Listed engineering business to be taken private by US buyer | BUSINESS SALE
Renold, a listed engineering business headquartered in Manch...
13
|
Jun
|
Acquisitive accountancy firm secures fresh backing for M&A drive | BUSINESS NEWS
A Carlisle-headquartered accountancy and advisory business t...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.