The Landmark hotel in Daventry has been brought to market for £7m having stood empty for 11 years.
The 148-bedroom hotel in Northamptonshire closed for refurbishment in 2008 but did not reopen "due to personal reasons".
The hotel, which has "extensive banqueting and conference facilities", was developed by the present owner, Property Investments (Development), in 1976. The hotel was then extended from 100 to 148 bedrooms in 1985. Susan and Meir Gareh are listed on Companies House as persons with significant control of the company.
Andrew Whelan of Fleurets is overseeing the marketing process of the hotel. He said: "We fully anticipate that the property will remain as a hotel after purchase, however due to its highly visible location we believe there may be further development opportunities to introduce a retail element or food offer."Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).