Thu, 28 Jul 2011 | BUSINESS SALE
The historic Montpellier Lodge in Montpellier Gardens, Cheltenham, has been put up for sale by the local council.
According to This Is Gloucestershire and The Echo, the former public park-keeper's residence has already attracted a flurry of bids, with the current highest bidder keen to transform the building into an up-market bistro restaurant.
Councillor John Rawson (LD, St Peter's), Cabinet member for built environment, said, “The biggest bid is for a restaurant, which would create another attraction in the Montpellier area and we think that's well worth looking at.
“The building has been surplus to requirements for some time and it seems to me that the best way of ensuring that it is protected is to provide a productive use, which is why we put it on the market,” he added.
If the new bistro – which is thought to be an independent rather than a chain – goes ahead, it will also comprise a deli. Whilst the exact price has not been revealed, the highest bidder is thought to have offered more than £250,000 for the commercial property.
Dr Brian Bracegirdle, Friends of Montpellier Bandstand and Gardens chairman, told the newspapers, “I would rather it was used for something apposite than it being left derelict.We hope that the refurbishments are sensitive to the park and we are open-minded about the plan.”
Premier provider of carpentry and joinery in London and counties, catering to a diverse clientele encompassing luxury and mid-range property developers, main contractors, and discerning private clients.
A concept which led to revolutionizing the restaurant industry, offering an efficient and profitable approach to food production and targeted marketing.
As a specialist in Italian Motorcycle Parts and Accessories supplies, the business has developed expertise in sourcing and offering a comprehensive range of high quality products.
29
|
Nov
|
Bathroom products firm Roxor saves 151 jobs by buying rival | BUSINESS SALE
Bathroom products group Roxor has bought rival the Robert Le...
29
|
Nov
|
Management buy-in at recruiter Recolution | MBO/MBI
Cardiff-based recruitment company Recolution Group has under...
29
|
Nov
|
Aliter dials up purchase of secure mobile communications group | BUSINESS SALE
Private equity group Aliter Capital has dialled up an acquis...
29
|
Nov
|
Aliter dials up purchase of secure mobile communications group | BUSINESS SALE
Private equity group Aliter Capital has dialled up an acquis...
29
|
Nov
|
Management buy-in at recruiter Recolution | MBO/MBI
Cardiff-based recruitment company Recolution Group has under...
29
|
Nov
|
Bathroom products firm Roxor saves 151 jobs by buying rival | BUSINESS SALE
Bathroom products group Roxor has bought rival the Robert Le...
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
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.