All bids from people or companies with their eyes on buying the Crowne Plaza Cambridge must be submitted by no later than 12 noon on Tuesday, October 11 this year.
The deadline for the first bids for the prestigious town centre hotel was set by Christie + Co, which is marketing the hotel on behalf of administrators Grant Thornton. The premises - which comprises 198 bedrooms - was put up for sale last month with a guide price of £35... Continue Reading
The luxury Hinton Grange hotel, near Bath, has been put up for sale, two months after it closed unexpectedly.
Agents marketing the prestigious country house hotel complex at Dyrham have said that they have full confidence that the hotel could trade well again, under the right management, and expect it to stoke a high level of interest.
The hotel, which has 21 rooms, is being sold by the Cirencester office of real estat... Continue Reading
A new tranche of pubs that were formerly part of the pub estate of property tycoon, Robert Tchenguiz, have been put on the market.
The 37 pubs are mostly located in the south and west of England - with just three of them in Scotland - and are being marketed by agents from Christie & Co. The style and locations of the pubs in the sale range from city centre bars to community locals to destination inns and just two of them are leasehol... Continue Reading
A historic stone water tower and set of giant old water filter beds have been put on the market for anyone interested in dreaming up a use for them.
The water treatment works in the middle of Pentlands Regional Park are being sold off by Scottish Water, with auctioneers expecting the three-acre site to sell for as much as £100,000.
Shaun Vigers, from SVA Property Auctions, said it was very difficult to predict what cou... Continue Reading
The Cabinet Office's leading representative for small- and medium-sized enterprises (SMEs) has said that Whitehall operatives need to understand that small businesses can often work just as effectively - if not more so - than bigger businesses, when it comes to their contract work.
Stephen Allott, the Cabinet Office's part-time Crown Representative for SMEs, said civil servants need convincing that small companies could del... Continue Reading
The Llanwenarth Hotel and Riverside Restaurant, which have been listed in the Michelin Guide, have been put on the market for offers around £800,000.
The popular hotel has been a mainstay for tourists in Monmouthshire and the picturesque border-country between England and Wales. Located on the A40 near Abergavenny and lying on the bank of the River Usk, it benefits from year-round trade and an excellent location.
It is... Continue Reading
A popular restaurant in the seaside resort of Hoylake has been put up for sale by its owners.
Julian’s on Birkenhead Road in the Wirral town is being sold by the owners, Julian and Jackie Davies, who said that the recession and Jackie’s ill health has prompted their decision.
They bought the restaurant seven years ago and it has become a valued mainstay of the area’s dining scene. Julian said, however, that they ... Continue Reading
A family-run Scarborough hotel that once hosted Winston Churchill under its roof has entered administration, due to a soaring tax bill.
The Royal Hotel has been put up for sale today by administrators MCR. It follows its sister premises, The Clifton Hotel, onto the market, which was put up for sale earlier in the month. Both hotels are to continue trading as normal until a buyer or buyers are found.
MCR partner, David ... Continue Reading
A Cumbrian stately home with its own thriving holiday letting business is being put up for sale - for the first time in more than 200 years.
Town Head House, on the shores of Lake Windermere, has been in the ownership of the Townley family since 1804. Current owner, Charles Townley, and his wife Roslyn, are selling the home, as they plan to retire but want the home's business to be maintained.
The nine-bedroom Gra... Continue Reading
Business owners looking for an angel investor to aid with a start-up or the acquisition of a new business, must make sure they carry out their due diligence on an investor before signing any agreement, a number of experts have agreed.
Serial entrepreneur, Andrew Scott, said that there are practices - such as angel funding networks that charge a pitching fee for access to investors - that are frowned upon, but that take place anyway.... Continue Reading
The largest hotel in the Welsh tourist resort of Barry has gone into administration.
A buyer is being sought for Martin Willcock Ltd, the company behind the Best Western Mount Sorrel Hotel in Porthkerry Road, Barry. Gilbert Lemon and Greg Palfrey of Smith & Williamson in Bristol have been appointed as administrators.
Mr Lemon said that there had been severe financial pressures on the business, but they believed they had... Continue Reading
A buyer is being sought for Birmingham's Nitenite hotel - known for its eye-catching windowless concept - after the company entered administration.
The 104-room hotel was placed into the hands of administrators from Zolfo Cooper this week, who believe they will be able to sell it successfully as a going concern. The company's 10-strong staff has been retained.
Zolfo Cooper partner, Ryan Grant, said cashflow di... Continue Reading
A new draft regulation that could make the controversial pre-packaged administrations tougher to push through is to be unveiled by the Government.
A pre-pack administration is when a business falls into administration and is then sold on quickly to new owners with reduced liabilities - who have been selected beforehand.
The Department of Business, Innovation and Skills (BIS) is proposing the rolling out of a new rule t... Continue Reading
Only a quarter of companies making mergers and acquisitions (M&A) in the UK take account of organisational culture differences when devising their integration plans, according to new research.
Global consultancy firm, Mercer, surveyed some of the world's leading HR executives in a series of workshops. Just 25 per cent said that their companies had provisions in place to deal with the integration and management of business cultu... Continue Reading
An award-winning Scottish country house hotel has been put on the market for those looking to take on a business in one of the remotest parts of Scotland.
Kilcamb Lodge is located on the shores of Loch Sunart, on the isolated but spectacular Ardnamurchan Peninsula, and often attracts visitors who are on their way to the islands of Mull and Skye.
The lodge is minutes away from the village of Strontian, and eight miles f... Continue Reading
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