Two Cheshire hotels brought to market following administration
Specialist business property adviser, Christie & Co, has been appointed to market two hotels from the Flat Cap portfolio, following its collapse into administration on January 18, 2024.
The Cheshire-based group is under the control of Manchester-based insolvency experts, Begbies Traynor.
Its portfolio comprises The Bridge, in Prestbury, The Vicarage, in Cranage, and The Courthouse, in Knutsford.
Joint administrators, Gareth Prince, Mark Malone and Julian Pitts, blamed the impact of the pandemic, rising costs and the cost of living crisis for its collapse.
Christie & Co has been appointed by the joint administrators to market the recently refurbished Vicarage and The Bridge Hotel.
Over the years, the hotels have built a strong reputation as popular food-led destinations in picturesque, Grade II-listed heritage sites.
The Vicarage in Cranage is a 23-bedroom property, which sits on the banks of the River Dane, overlooking stunning Cheshire countryside.
Featuring architecture dating back to the 1700s, the hotel blends old with new, with a restaurant, modern industrial bar and surround-sound sports bar on offer to guests.
The Bridge is a 27-bedroom hotel and restaurant located on the banks of the River Bollin in the picturesque Cheshire village of Prestbury.
The contemporary restaurant and bar features an impressive vaulted ceiling, while the Riverside gardens, featuring an outdoor bar called ‘The Shed’, make it a popular wedding location
Tom O’Malley, Associate Director – Hotel broker at Christie & Co, said: “The properties are available as a package or individually and we anticipate wide-ranging interest from investors and operators, both national and independent.”
