Administrators bring Etrop Grange Hotel to market with £2.5m guide price

etrop grangePROPERTY consultancy GVA has been appointed as the sole agent for the sale of Etrop Grange Hotel near Manchester Airport which entered administration in April.

The three-star 64-bedroom property is being brought to market as a going concern off a guide asking price of £2.5m on behalf of Matthew Ingram and Steven Muncaster of Duff & Phelps, joint administrators of Squire Hotels Limited trading as Etrop Grange Hotel.

They are also seeking a buyer for another hotel in the group, the 86-bedroom Best Western Plus Samlesbury which is also in administration.

The Etrop Grange Hotel is a Grade II listed Georgian country house originally built around 1780 by school teacher William Moss.

It is understood that the property was originally known as Moss House and then renamed Etrop Grange in 1984 by the owners at that time after a local area called Etrop Green. It was around this time that the property was converted into a hotel.

The business currently provides complimentary transfers to and from the airport and airport railway station as well as park, stay and fly packages.

Martin Davis, a director in GVA’s Hotels team said: “This hotel is situated in an a prime trading location, benefiting from its airport location and its close proximity to the M56 motorway making it an attractive investment opportunity for an experienced operator looking to acquire a fully-trading commercial hotel asset with the opportunity to further develop trade.” @copy NewspaperTimes - All rights reserved