Wed, 09 Sep 2015 | BUSINESS SALE
A boutique hotel in Leeds has been put up for sale shortly after its development was completed.
Currently owned by RBS, The New Ellington Hotel is located in the centre of the city and offers a full service hotel, as well as conference facilities and a popular bar called the Gin Garden.
It has become particularly popular with musicians visiting the city thanks to its proximity to the O2 Academy and First Direct Leeds Arena, both popular venues with musicians touring.
Colliers International, is selling the hotel on behalf of RBS and the price tag for the business has been set in the region of £2.5 million.
Julian Troup, head of UK hotels at Colliers, commented on the sale: “It's not often that hotels in the centre of Leeds come to the open market, so we expect to see a great deal of interest from a wide range of potential buyers eager to acquire a piece of real estate together with a successful hotel business in one of the UK’s fastest growing cities.”
Troup added that the city centre is set to be “transformed” over the coming years with a new mixed-use scheme planned for the former Yorkshire Post newspaper site. The hotel is expected to benefit from this additional development
View more businesses for sale.
Designs, supplies and installs fibre optic and IT cabling solutions for clients throughout the UK and Europe. Offers electrical, structured cabling and network/Wi-Fi solutions, AV equipment and LAN/ethernet, in addition to project management, consult...
LEASEHOLD
Imports an extensive selection of toys and gifts, which are sold to trade customers throughout the UK and internationally. Has established a strong reputation within its sector for its innovative product range, competitive prices and exceptional serv...
FREEHOLD
Provides psycho-educational mental health recovery and well-being programmes and professional recovery practitioner accreditation, delivering support from BACP and BPS accredited professionals to individuals throughout the UK and internationally. Has...
LEASEHOLD
|
14
|
|
Jul
|
Directors of distressed companies get more breathing space | BUSINESS NEWS
The temporary suspension of wrongful trading provisions intr...
|
13
|
|
Jul
|
Yorkshire retailer Peter Jones enters administration | ADMINISTRATION
Well-known Wakefield-based retailer Peter Jones has entered ...
|
10
|
|
Jul
|
Mobile phone supplier and recycler goes into administration | ADMINISTRATION
Mobile phone refurbishment company Redeem UK has gone into a...
Sign up to receive our acquisition alert emails to get your FREE guide
|
02
|
|
Dec
|
Administrators put cut price Bicester boutique hotel up for sale | BUSINESS SALE
The Manor, a 32-bedroom hotel near Bicester, Oxfordshire, ha...
|
23
|
|
May
|
Fintech company Loot collapses into administration | ADMINISTRATION
After failing to secure further backing from the Royal Bank ...
|
30
|
|
Jan
|
Famous Lake District hotel for sale at £2m | COMMERCIAL PROPERTY
A famous hotel in the North of England which welcomed guests...
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