£2.5m price tag on Prestbury’s The Bridge Hotel in administration

bridge hotelGVA has been appointed sole agents for the sale of The Bridge Hotel in Prestbury which fell into administration in October.

The 23-bedroom property with  lounge bar, restaurant as well as conference and banqueting facilities for up to 100 guests, is being marketed as an ongoing business with a guide asking price of offers in excess of £2.5m.

Martin Davis from GVA’s Northern Hotels team said: “This superb hotel is situated in one of the North West’s most desirable and sought after residential locations which provides an ingoing operator with an excellent opportunity to develop trade.”

Joint Administrator Arron Kendall of Moorfields Advisory added: “The Bridge Hotel has been running since 1952 in the heart of Cheshire, but unfortunately fell into financial difficulties earlier this year.

“The hotel has had a good trading history and would be a good purchase for someone wishing to build on the reputation of the existing hotel.”

It is continuing to trade while a potential purchaser is sought.

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