Country hotel bought out of administration

Bodidris Hall, a 15th Century historic house hotel in Llandegla near Wrexham, has been sold by licensed property agents at Colliers International on behalf of KPMG.

The property dates from 1465 and comes with seven acres of gardens. A private investor has acquired the nine-bedroom hotel and intends to continue with the same use. Bodidris Hall also has a dining room for 26 people and a function room with capacity for 70 diners.

The Manchester office of Colliers International was instructed earlier this year by joint administrators David Costley-Wood and Brian Green of KPMG.

Three hotels in the same ownership also went into administration and are still on the market; the Wild Pheasant, Bryn Howel and Chainbridge Hotel.

Neil Thomson, associate director of hotels at Colliers International in Manchester, said: "We marketed the four hotels for a relatively short period of time and generated a huge amount of interest in each of the properties.

"The sales process clearly demonstrates that there's a strong market for sustainable and profitable businesses which are realistically priced in the market place, and which will still attract bank funding despite the present difficult economic climate."

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