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.
An independent rubbish clearance company founded in June 2019. Specializes in clearing bulky waste from UK residential and office premises, delivering it to recycling stations within a 15-minute radius.
This is a unique opportunity to acquire a thriving indoor play and party centre in a prime West Midlands retail park, catering exclusively to children aged five and under. As the only facility in the area offering a combination of soft play, role pla...
LEASEHOLD
This established e-commerce membership business specialises in precision-built razors and high-quality vegan grooming products, boasting a loyal customer base and impressive Customer Lifetime Value. With its highly effective marketing strategies and...
18
|
Jul
|
Buyers swoop for divisions of collapsed recruitment and logistics firm | BUSINESS SALE
Two separate buyers have acquired three divisions of a Great...
18
|
Jul
|
Hotel group sells off five more locations | BUSINESS SALE
A hotel group with 16 sites in rural and coastal locations a...
18
|
Jul
|
Administrators market £28.4m-turnover furnishing firm for sale | ADMINISTRATION
Administrators are seeking a buyer following the collapse of...
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 the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
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.