Wed, 16 Mar 2011 | BUSINESS SALE
New owners have acquired the former Thaxted Hall Hotel following its closure and plan to convert it into a care home.
The hotel, located just outside Thaxted on Walden Road, was trading as a function business and nine-bedroom hotel prior to its closure last year. It also offered full bar and restaurant facilities and has planning consent to be used for both a commercial hotel and a residential institution.
Its sale – with an asking price of £650,000 - prompted a flurry of interest, according to property sales firm Christie + Co's Tim Gooding, who handled the transaction.
He said, “We had a significant amount of interest from both hotel and care operators and are very pleased that the property has been sold after a short period of marketing. We wish the new owners well in their latest venture.”
The new owners, Zero Three Care Homes, now intend to kick off an extensive refurbishment and development programme over the course of this year, and will then operate the building as a care home within the specialist care sector. The exact purchase price has not yet been disclosed.
A leading dental practice situated in the heart of London, providing exceptional dental care in a comfortable and welcoming environment.
LEASEHOLD
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
Discover a leading innovator in data centre solutions, recognised as a top supplier both in the UK and internationally, with a robust consultancy arm contributing to a growing turnover.
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.