Thu, 01 Dec 2011 | BUSINESS SALE
Hotel operator J&G Inns Limited has filed for administration.
The firm, which is run by Garry Smith and operates three hotels located in the north of the country, has confirmed that it will sell off two of its major assets, but that both premises will remain open and trading as normal whilst a buyer is sought.
Warkworth House hotel near Alnwick Castle and the Lord Crewe Arms hotel in Blanchland will both be sold, whilst no plans have yet been announced for the third hotel in the J&G Inns portfolio, Brackenrigg Inn near Ullswater in the Lake District.
Begbies Traynor in Newcastle-Upon-Tyne has been appointed by the hotel operator to act as administrator and to oversee the sale of the two historic hotels, whilst property agents Christie & Co will handle the marketing of the commercial properties for sale.
Joint administrator of Begbies Traynor, Andrew Haslam, told Travel Daily, “Both hotels will continue to operate as normal with all forward bookings fulfilled in the usual manner whilst the hotels are fully marketed by instructed agents Christie & Co.
“We have already received several notices of interest in both historic venues and are hopeful that a successful outcome for all parties can be achieved,” added Mr Haslam.
An esteemed Indian restaurant and bar in the UK is seeking new ownership, featuring a robust dining and takeaway operation accessible via multiple digital platforms like online reservations, mobile app, and Deliveroo.
This long-established specialist refrigeration and catering company in Southwest England offers a unique chance to acquire a business with over 23 years of trading history and strong relationships with blue-chip clients.
Discover a lucrative opportunity with Freehold Marine Services, boasting an established reputation in specialist marine solutions.
Looking for more businesses? Try our off-market tool.
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.