Luxury Cheshire hotel put up for sale

Fri, 24 Nov 2017 | COMMERCIAL PROPERTY

A high-end hotel located in an affluent Cheshire village has been brought to market with an asking price of £2.5 million after entering administration last month.

The Bridge Hotel, located in the village of Prestbury in Cheshire, is currently being marketed by commercial property agents GVA as a going concern business.

The hotel itself is a detached period property in the small settlement, and was previously a popular venue for weddings and conferences as well as housing a popular French restaurant. It had been operating as The Bridge since 1952.

The property listing also details a “character bar” and a “modern rear extension” with 23 letting bedrooms as well as a function room that can house up to 100.

Martin Davis, a member of GVA’s Northern Hotels team, said: “This superb hotel is situated in one of the North West’s most desirable and sought after residential locations which provides an ingoing operator with an excellent opportunity to develop trade.”

The Bridge fell into administration in October 2017 after encountering financial difficulties earlier in the financial year. Arron Kendall and Simon Thomas from Moorfields Advisory were appointed joint administrators.

At the time of administration, the hotel employed 40 staff who are believed to have since been made redundant.

Kendall, speaking when the administration was announced, said economic pressures and adverse trading conditions meant that a sale was the likely outcome.

He added: “The hotel has had a good trading history and would be a good purchase for someone wishing to build on the reputation of the existing hotel.”


Share this article



Latest Businesses for Sale

Event Management
Northamptonshire, UK Wide

Event Management Company Based in Northamptonshire. An excellent commercial location. Extensive inventory of hire stock and fixtures & fittings included. Offers invited.

Asking Price: £1,015,000
Turnover: £397,533

FREEHOLD


Country Pub & Hotel
Northumberland, UK Wide

Historic country pub and hotel in a prime location. This is an amazing and unique opportunity to acquire a historic country pub and hotel in the beautiful Northumbrian holiday area. The business has a long established reputation for hospitality, serv...

Asking Price: £190,000
Turnover: £360,000

LEASEHOLD


UK & European Coach Holidays & Regional Day Trips
North East, UK

UK and European coach holidays and regional day trips through its own tour programme. UK and European private hire services, including regional customers, and subcontract work for national hire businesses. Operated services for local authorities and...

Asking Price: Offers Invited
Turnover: £2,850,000


View more businesses for sale

News Search

Latest News

 
27
 
May
 

Food-to-go supplier calls in administrators | ADMINISTRATION

Adelie Foods, one of Britain’s biggest suppliers of sa...

 
26
 
May
 

Luxury fashion brand DVF Studio enters administration | ADMINISTRATION

DVF Studio, the UK business of fashion designer Diane von Fu...

 
24
 
May
 

Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION

The parent company of coach holiday company National Holiday...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
27
 
May
 

Food-to-go supplier calls in administrators | ADMINISTRATION

Adelie Foods, one of Britain’s biggest suppliers of sa...

 
26
 
May
 

Luxury fashion brand DVF Studio enters administration | ADMINISTRATION

DVF Studio, the UK business of fashion designer Diane von Fu...

 
24
 
May
 

Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION

The parent company of coach holiday company National Holiday...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources