Administrators appoint agents to sell hotels

The Royal Hotel
The Royal Hotel

AGENTS have been formally appointed to sell four Scarborough hotels which fell into administration last month.

The Royal Hotel, the Clifton Hotel, the Wrea Head Country House Hotel and Hackness Grange Hotel were all handed over to administrators following the collapse of the English Rose hotels chain.

Adminstrators have now appointed Colliers International to sell the hotels.

MCR, the administrator for ERH Scarborough Ltd, which owned the Royal Hotel in St Nicholas Street and the Clifton Hotel in Queen’s Parade has appointed Julian Troup, head of UK Hotels Agency at Colliers. He said: “We are anticipating a great deal of interest from a variety of different buyers. The hotels have attracted strong interest from corporate purchasers.”

Peter Bean, director at Colliers International, is leading the sale of the other two hotels for PwC following their appointment as administrators for Wrea Head Hotel Limited and English Rose Hotels plc.

Mr Bean said: “The hotels are very attractive properties which are superbly located for developing a high quality hotel business and they will appeal to private buyers and small groups alike. They are popular, much loved hotels with a strong income stream.”

Offers are being invited, freehold, for each hotel.