Under new management

15 August 2002 by
Under new management

Holding Court

The Gresham Court hotel in Torquay, Devon, has been sold to Raouf and Maha Alyamani of Saudi Arabia for close to £425,000. The 30-bedroom hotel has a bar, two lounges and a dining room. The agent was Christie & Co.

New for Old

The Old Church House Inn in Torbryan, near Newton Abbot in Devon, has been sold to industry newcomers Richard and Carolyn McFadyen for about £850,000. The inn has 13 bedrooms and an 80-seat restaurant. Robert Barry & Co was the agent.

Crossing over

The Floating Bridge pub in Dartmouth, Devon, has been sold to first-time pub buyers Jim and Gay Brent for more than £125,000. The riverside property has two bars and a restaurant/function room, seating about 35 each. Christie & Co was the agent.

Letters of intent

Las Iguanas restaurant in Bristol has been sold to Jonathan Heath of the Greek Alphabet Bar Company. The restaurant has two floors and seats 125. It was sold for just over £100,000. The agent was Christie & Co.

Pack drill

The Scotman's Pack Inn in Hathersage, Derbyshire, has been sold to local buyer Nick Beagrie for the asking price of £190,000. It has seating for more than 100 people and five bedrooms. Christie & Co was the agent.

Longest deal

The Prince of Wales, one of Aberdeen's oldest pubs, with the city's longest bar, has been sold to Scotia Property Company for more than £2m. Christie & Co was the agent.

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