Thu, 01 Dec 2011 | BUSINESS SALE
Hotel operator J&G Inns Limited has filed for administration.
The firm, which is run by Garry Smith and operates three hotels located in the north of the country, has confirmed that it will sell off two of its major assets, but that both premises will remain open and trading as normal whilst a buyer is sought.
Warkworth House hotel near Alnwick Castle and the Lord Crewe Arms hotel in Blanchland will both be sold, whilst no plans have yet been announced for the third hotel in the J&G Inns portfolio, Brackenrigg Inn near Ullswater in the Lake District.
Begbies Traynor in Newcastle-Upon-Tyne has been appointed by the hotel operator to act as administrator and to oversee the sale of the two historic hotels, whilst property agents Christie & Co will handle the marketing of the commercial properties for sale.
Joint administrator of Begbies Traynor, Andrew Haslam, told Travel Daily, “Both hotels will continue to operate as normal with all forward bookings fulfilled in the usual manner whilst the hotels are fully marketed by instructed agents Christie & Co.
“We have already received several notices of interest in both historic venues and are hopeful that a successful outcome for all parties can be achieved,” added Mr Haslam.
A well-established and successful 5* rated car and van dealer, which has only been made available for sale due to our client wishing to pursue other technology business interests. The business offers a wide range of services, from finding the perfect...
LEASEHOLD
The Company supplies Marketing and Sales professionals, for both large corporate organisations and SMEs, with all their branded and promotional material needs from brochures, banners, and exhibition stands to branded pens, notebooks, power banks, and...
LEASEHOLD
Seeking parties interested in the business and assets of a company that operates within the sanitation industry.
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.