Thu, 20 Mar 2014 | COMMERCIAL PROPERTY
The Best Western Burnside Hotel and Parkside Country Club in Bowness-on-Windermere has been placed on the market with a £2.5 million price tag after the company entered receivership.
The operating company behind the property, Riverside Hotels Ltd, is now in the control of LPA Receivers, and is being marketed by hotels agent Colliers International in partnership with GVA.
The hotel has 57 bedrooms, meeting rooms, conference facilities, bars and restaurants, and also hosts weddings. While the adjoining country club offers the uses of an indoor heated pool, spa bath, steam room, sports hall and squash court, amongst other facilities to its guests.
The hotel and country club amassed sales exceeding £1.7 million for the year ending 28th February 2014.
Julian Troupe, the head of UK hotels agency at Colliers International, spoke of his optimism and expectations for plenty of interest in the sale to the Westmorland Gazette: “This is a rare opportunity to acquire a 57-bedroom hotel with adjoining leisure club and strong trading base in an elevated position with views of Windermere. I’m convinced that we’ll attract considerable interest in this outstanding offering.”
Manufactures a range of specialist seating for those with debilitating conditions, including neurological conditions, along with specialist paediatric care chair manufacturing. Unlimited bespoke manufacturing capabilities. Offers invited.
LEASEHOLD
Established over 35 years and based in the South East. Sell and lease printer and copier products, as well as offering repair and maintenance services. Ongoing maintenance contracts of up to 5 years, coupled with lease agreements, contribute to circa...
FREEHOLD
Specialises in high-quality refurbishment and maintenance works, including joinery, plumbing, groundworks and building works. Operates on a diverse range of projects across a variety of sectors, including education, construction and social housing. O...
FREEHOLD
|
17
|
|
Sep
|
Impact REIT snaps up Suffolk-based Cardinal Healthcare business | BUSINESS SALE
Impact REIT has successfully acquired Cardinal Healthcare, a...
|
16
|
|
Sep
|
Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI
SRL Traffic Systems, a manufacturer and supplier of portable...
|
13
|
|
Sep
|
AFH Financial Group acquires two firms for £7.2 million | BUSINESS SALE
AFH Financial Group, a listed wealth management firm headqua...
Sign up to receive our acquisition alert emails to get your FREE guide
|
12
|
|
Mar
|
Two Lake District hotels with for sale signs | ADMINISTRATION
Two hotels in the Lake District have been put up for sale af...
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