Mon, 21 Jan 2013 | ADMINISTRATION
Two large hotels have been purchased out of administration by newly formed company Convivial Hotels Ltd recently.
The 45-bedroom Charmwood Hotel in Nottinghamshire and the 50-bedroom Rossett Hall hotel in North Wales are to be upgraded with the public areas, conference and wedding facilities refurbished. The investment is to be backed by Santander Bank.
Convivial Hotels has been set up by chartered surveyor Jeremy Jones, the owner of many businesses including Convivial Management Solutions, which runs about 45 pubs, clubs and restaurants.
The purchase marks the Convivial group’s first foray into hotels, which had previously run several hotels but without ownership.
Jeremy Jones, the managing director of the overall group of Convivial businesses, commented on the move: “We have experience of managing hotels in administration for insolvency practitioners and banks for several years.
“Now we are looking forward to developing Charmwood Hotel into a luxury destination suitable for tourists, business people and for those looking for the perfect wedding venue.”
The Best Western recently nominated Charmwood Hotel as one of the leading three 40 to 69-bedroom hotels in Britain. Fossett Hall is operated from a Grade ll-listed Georgian manor house.
The group consists of two companies: one provides electrical engineering services; the other provides electrical testing solutions. Both companies provide comprehensive turnkey solutions, overseeing projects from inception to completion across variou...
Founded in 1996, ‘Project Voyager’ provides luxurious sleeper coaches for band tours, crew transportation, and events across the UK and Europe.
The company delivers highly regarded therapies for compulsive sexual behaviour disorder (CSBD), helping addicts, their partners, and couples to recover. The programmes are offered in a variety of formats, comprising individual therapies, online sessi...
LEASEHOLD
09
|
Jan
|
Spandex reflects on Lakeside Group acquisition | BUSINESS SALE
Bristol-based Spandex, which creates innovative solutions fo...
09
|
Jan
|
Butcher Price & Fretwell goes into administration | ADMINISTRATION
Award-winning Derbyshire butcher Price & Fretwell has gone i...
09
|
Jan
|
Lupa Foods snapped up by Nordic peer Geia | BUSINESS SALE
Century-old UK food importer Lupa Foods has been snapped up ...
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
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.