Splendid deal for luxury hotel

A Grade two listed luxury hotel in York has been sold to Splendid Hospitality Group.

The Cedar Court Grand Hotel & Spa was built in 1906 as the headquarters for North Eastern Railways and redeveloped following a £30m investment as a luxury hotel by Cedar Court Group, opening its doors for business in 2010.

Bidding from national and international hotel groups and investors was "exceptionally competitive", according to property consultancy Christie + Co.

Splendid Hospitality Group, which will take ownership... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...