Blog


Two Scottish tourist hotels put up for sale

Two hotels in Scotland's Glenorchy Lodge Hotels portfolio have been put up for sale, on the instruction of the company's administrators.

The Tyndrum Hotel in Tyndrum and that Taynuilt Hotel in Argyl and Bute are being offered together or as individual lots by agents from Christie + Co. The industry website, Big Hospitality, reported Christie agent, Brian Sheldon, as stating that the two businesses were being traded through... Continue Reading


Independent bookshops looking for buyers

More than 20 independent bookshops across the UK are looking for buyers, according to industry publication, The Bookseller.

The magazine has counted at least 22 bookshops that are currently clamouring to find a buyer, with many of the owners citing the recession, online book sales and difficulties in borrowing money from banks as reasons behind their decisions to sell.

Businesses on offer range from a book and card sho... Continue Reading


Lancashire Council to sell Preston's Park Hotel

Lancashire County Council is to sell off the landmark Park Hotel on East Cliff, as part of major local authority budget cuts.

The building, which was first built in 1882, currently houses offices for the local council, but it is hoped that an enterprising developer will snap it up and take advantage of its prime location, with sweeping views over Avenham and Miller Parks.

The 504 staff currently based in the building wi... Continue Reading


Longmynd Hotel for sale for £1.75 million

The retirement of the long-term owners of the established Shropshire Hills hotel, the Longmynd Hotel, is presenting a lucrative opportunity prospective buyers with experience of running medium- to large-scale hotels.

The family-run hotel - which has been run by the Chapman family since the late 1970s - has been put on the market with a price tag of a cool £1.75 million.

The three-star hotel, which is located not far fr... Continue Reading


Historic Scottish brewery complex on the market

The Fox and Hounds, one of Scotland's most historic pub, restaurant and micro-brewery complexes has been put up for sale with a £1.3 million price tag.

The business and its Houston premises has been put on the market through agents Christie & Co, with a price tag of £1.3 million. The pub is one of the oldest pubs on the Scottish west-coast coach line, which has historically supported a string of pubs along its route through R... Continue Reading


Silver Star Holidays enters administration

North Wales coach holiday firm, Silver Star Holidays, has entered administration.

The company, which has been operating out of Caernarfon for 93 years, cited difficult economic conditions for causing the company to cease trading. Administrators are now looking to sell the company's good will and contracts.

Some 1,500 people have current or future bookings with the company, which administrators are looking to refun... Continue Reading


Independent Ledbury DIY store up for sale

Rodways, a long-standing independent DIY and hardware store in Ledbury, has been put up for sale by its owner.

The founder and owner of the shop, Colin Rodway, is selling up due to ill-health, but said there is a healthy trade and a very long leasehold, so the business is in a prime position to be bought up and carried on.

Mr Rodway said that the right new owner for the business and premises could continue to benefit f... Continue Reading


Barclay brothers buy Claridge's and two other London hotels

The Barclay brothers have bought three of London's most famous five-star hotels, in a deal that has seen them add Claridge's to their already impressive portfolio.

The brothers, who already own the Daily Telegraph newspaper and the Ritz hotel, bought the Maybourne Group from the Irish National Asset Management Agency (Nama), which is trying to recover billions of euros of bad property debt.

The Maybourne Group... Continue Reading


Bid deadline set for Cambridge Crowne Plaza

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


Shock closure Bath hotel up for sale

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


New portfolio of Tchenguiz pubs up for sale

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


Creative developers sought for Scottish waterworks

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


Whitehall needs to understand value of SMEs

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


Michelin-listed Llanwenarth Hotel up for sale

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


Popular Wirral restaurant Julian's on the market

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