Crowne Plaza Cambridge on market for £35m

09 August 2011 by
Crowne Plaza Cambridge on market for £35m

The four-star, 198-bedroom Crowne Plaza Cambridge has been put on the market for £35m after its former owner, the Quinn Group, went into administration.

Situated in the centre of the city, with many of the university colleges within walking distance, the hotel is being marketed by Christie & Co, on behalf of administrators Grant Thornton.

It incorporates the Bloomsbury restaurant, a gym and more than 3,500sq ft of meeting space. Alex Campbell of Christie & Co said that the hotel provides a great base from which guests can explore the city.

"This, along with the limited supply of hotel accommodation in the city centre, makes the Crowne Plaza an excellent, and unique, opportunity for existing operators and new investors who are prepared to make some investment in bringing guest facilities up to modern standards."

Fiona Simm wins Extra Mile Award at Hotel Cateys 2010 >>

Crowne Plaza launches initiative to give a better night's sleep >>

Crowne Plaza to be revamped as IHG reports excellent results >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

Blogs on ]( Catch up with more news and gossip on all Caterer's blogs
[E-newsletters]([ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking