Tue, 31 Jan 2012 | ADMINISTRATION
The Waterside Hotel and Galleon Leisure Club has entered administration, and has been put up for sale.
The business was placed into administration after a winding-up petition was issued by HM Revenues & Customs. Gary Lee and Paul Barber of Begbies Traynor were brought in as the administrators on 13 January.
Mr Barber commented: “The business is continuing to trade and, following a number of expressions of interest, we aim to sell it as a going concern.”
The management firm Convivial Group is running the hotel and club business while it is marketed for sale.
The south Manchester-based three-star hotel employs 106 staff and has 48 rooms, a restaurant and bar. It is set in eight acres close to the River Mersey. It hosts a range of events including weddings, conferences, christenings, funerals and parties.
The Galleon Leisure Club has about 5,500 members. It provides a gym, ladies only gym, 100 group classes each week and a swimming pool. It also offers hair and beauty treatments, has a nutrition clinic, and offers a range of massages.
A restaurant has operated on this very prominent, high street corner location for many years and was purchased late in 2016 by the vendor with the intention of adding a retail business to it commercial business. The vendor then invested circa £70,000...
LEASEHOLD
Serves clients in the automotive, industrial, medical and geotextile sectors. Operates from 16,000 sq ft leasehold premises. Sustains and generates consistent revenue without the need for marketing expenditure. Retirement sale. Offers invited.
LEASEHOLD
Provides a comprehensive delivery service, with a directly employed fleet of delivery drivers. Highly experienced management team in place, capable of managing day-to-day operations, post-sale. Significant scope for growth with geographic expansion a...
FREEHOLD
|
25
|
|
Feb
|
Property management platform faces administration | ADMINISTRATION
The parent company of UK property management startup Hostmak...
|
24
|
|
Feb
|
Clugston Group former headquarters up for sale | COMMERCIAL PROPERTY
St Vincent House in Scunthorpe, which was the headquarters o...
|
21
|
|
Feb
|
Street food catering firm seeks buyer after entering administration | ADMINISTRATION
Shrewsbury-based catering company MPM Catering has entered a...
Sign up to receive our acquisition alert emails to get your FREE guide
|
05
|
|
Jun
|
North Yorkshire bathroom supplier enters administration | ADMINISTRATION
A bathroom supplier has collapsed into administration after ...
|
17
|
|
Nov
|
John Woods Nurseries plans auction sales after entering administration | ADMINISTRATION
John Woods Nurseries has entered administration, with plans ...
|
26
|
|
Jun
|
Multiple retail failures after rent day | ADMINISTRATION
Three retailers, Internacionale, Modelzone and Ark, are head...
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