Wed, 14 Mar 2012 | COMMERCIAL PROPERTY
A four-star hotel which used to be owned by Sir Bernard Ashley, co-founder of Laura Ashley, has officially been put on the market after falling into administration last year.
Llangoed Hall Hotel at Llyswen, Powys, boasts almost 15 acres of grounds and 23 en-suite guest bedrooms. Sir Bernard Ashley opened the hotel in 1990 and Von Essen Hotels acquired it in 2010 but went into administration in April 2011.
Administrators PricewaterhouseCoopers has now put the hotel on the market. PwC said last year that the economic climate had caused problems for the hotel. The sale of the property is being handled by estate agency Savills and offers are invited.
As well as the Grade II-listed hotel, the deal also includes a staff lodge with five bedrooms, a warehouse and a helicopter hangar.
Martin Rogers, director at Savills in Exeter, told the BBC, "This is a unique opportunity to acquire one of the most historically significant homes in Wales."
He added, "Llangoed Hall offers tremendous business potential and has an excellent reputation as one of the UK's best country house hotels. We anticipate a strong level of interest from the UK and abroad."
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