Six weeks after being appointed, administrators at PricewaterhouseCoopers (PWC) have announced that Gravetye Manor Hotel and Country Club has been sold to a new entrant to the hotels market and that the business will continue to operate as a hotel.
Gravetye Manor is a Grade 1 listed Elizabethan manor house located seven miles from Gatwick Airport on the East Sussex/West Sussex border. It has iconic status as one of the UK's first country-house hotels. Featuring 18 luxury en-suite bedrooms, a bar and private dining room, a restaurant and extensive staff accommodation, it is set in 35 acres of historic gardens and 1000 acres of ancient woodland.
Joint administrator and partner at PricewaterhouseCoopers, Karen Dukes commented: "We are delighted to have agreed a sale of the hotel just over 6 weeks after our appointment and with minimal disruption to the staff and guests. We received a number of expressions of interest in this prestigious hotel from all over the world, showing there is still appetite for investing in the right businesses as we come out of a recession."
She went on to say that the sale means that the jobs of all 45 employees will be secured. 
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