The Waterside Hotel and Galleon Leisure Club in administration

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.


Share this article



Latest Businesses for Sale

Italian Restaurant/Pizzeria
London, UK

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...

Asking Price: £200,000
Turnover: £550,000

LEASEHOLD


Industrial Textile Services
UK Wide

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.

Asking Price: Offers Invited
Turnover: £382,000

LEASEHOLD


Confectionery, Nuts & Snacks Re-packer & Distributor
UK Wide

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...

Asking Price: Offers Invited
Turnover: £6,650,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
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...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
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...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources