Mon, 17 Oct 2011 | BUSINESS SALE
As part of budget cuts by Lancashire County Council, one of Preston's most historic buildings is to be put onto the market.
Park Hotel on East Cliff – which currently houses council offices – is to go on sale early next year, after it shuts at the end of this year.
Opened just prior to the 1882 Guild, the Victorian building - which boasts stunning views over Miller Parks and Avenham - has hosted visitors including the Prince of Wales, actress Gracie Fields and former Prime Minister Stanley Baldwin.
It was designed by Oldham-based architect T Mitchell, and is a mix of Queen Anne, Elizabethan, Gothic and Renaissance styles, according to the Lancashire Evening Post.
When it was still being operated as a hotel, it contained 33 double bedrooms, 29 single bedrooms and six drawing rooms.
The hotel sale is part of a bid by the local council to save up to £1 million a year, and staff are already being moved out of the Park Hotel to other centres including Preston's County Hall.
Vicar of Preston Fr Timothy Lipscomb, told the publication, “It is an iconic Walt Disney fairytale castle. It has a commanding view of the park and is near to the station. It would make a magnificent boutique hotel.
“I think it would be absolutely wonderful, what could be better than getting it done, so we can put people up from all over the world for the Preston Guild?” he added.
This is a chance to acquire a longstanding and reputable manufacturer of modern concrete garages, with roots dating back to the 1940s.
This well-established haulage company in West Yorkshire offers a strategic location with easy access to major motorway links and a strong, loyal client base developed over 20 years.
This is a rare opportunity to acquire this thriving motor vehicle repair, MOT, and service centre. This professionally run business currently provides the majority of its services to private customers with a small amount of commercial work, which pro...
04
|
Apr
|
WPP buys data collaboration platform InfoSum | BUSINESS SALE
WPP has bought data collaboration platform InfoSum to boost ...
03
|
Apr
|
Cambrian Training Group chooses employee ownership | BUSINESS SALE
Cambrian Training Group is celebrating its 30th birthday by ...
03
|
Apr
|
Mobeus sells investment in Star Brands after boosting EBITDA by 15X | BUSINESS SALE
Equity investor Mobeus has sold its investment in Star Brand...
04
|
Apr
|
WPP buys data collaboration platform InfoSum | BUSINESS SALE
WPP has bought data collaboration platform InfoSum to boost ...
03
|
Apr
|
Whitworths Food Group buys oils group KTC Edibles | BUSINESS SALE
Northamptonshire-based Whitworths Food Group is buying KTC E...
03
|
Apr
|
Mobeus sells investment in Star Brands after boosting EBITDA by 15X | BUSINESS SALE
Equity investor Mobeus has sold its investment in Star Brand...
Business Sale Report is the complete resource for finding genuine 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.