Thu, 10 Feb 2011 | COMMERCIAL PROPERTY
A hotel based in the heart of the South Downs in West Sussex is up for sale following its administration.
A buyer is being sought for the 16th Century family-run Chequers Hotel in Pulborough after it fell into administration following slow trading.
Currently, the hotel, which boasts nine bedrooms, a restaurant and a bar, is continuing to trade whilst administrators Baker Tilly hunt for a buyer.
Baker Tilly Restructuring & Recovery's Matthew Wild and Andrew Sheridan are aiming to sell the business – which was once described as the 'best kept secret in Pulborough,' and as having 'stunning views of the Arun Valley' - as a going concern.
Mr Wild said, “Our team and the company’s staff will be working flat out in our attempts to carry on the businesses and find suitable purchasers to take the business forward.”
Baker Tilly has announced plans to roll out a number of promotional deals and discounts in a bid to increase the current level of trade and entice future customers. The last known financial report revealed that the Chequers Hotel had a turnover of around £112,000.
Check our sections for more hotels for sale and leisure businesses for sale.
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