Portfolio of four Prima hotels to be sold for £18m

07 September 2015 by
Portfolio of four Prima hotels to be sold for £18m

The four-strong portfolio of country house properties within the Prima Hotel Group has been put up for sale for £18m after the owning companies went into administration four months ago.

AlixPartners Services was appointed as the administrator of Fontenhall Limited, Nunsmere Hall Limited and Prima Hotels Limited in May, after what is believed to have been a failure by the companies to meet debt commitments. Prima Hotel Group was founded by Irish businessman Liam Walshe.

The hotels now on the market include the 89-bedroom Hellaby Hall hotel near Rotherham; 55-bedroom Stannleylands hotel in Wilmslow, Cheshire; the 36-bedroom Nunsmere Hall (pictured) in Northwich, Cheshire; and the 36-bedroom Quorn Country hotel in Quorn, Leicestershire.

The hotels, all of which have been awarded four AA stars, are being marketed by Savills and are available either as a complete portfolio or as individual assets.

The Grade II-listed Hellaby Hall hotel dates back to the 17th century and retains many of its original Jacobean features.

Stanneylands hotel is set within mature woodlands and open fields, yet is just 10 minutes away from Manchester Airport, while also in Cheshire, Nunsmere Hall is a former Edwardian manor house surrounded by a lake.

Quorn Country hotel is also a Grade II-isted property, which is set within four acres of gardens on the banks of the River Soar.

Martin Rogers, director of regional hotel transactions at Savills, said: "This portfolio of regional country house hotels provides a diverse mix of bedroom, dining, conferencing, health and leisure facilities. Each is well established within its market and has a strong trading record, making them an excellent investment as either a portfolio or individual assets."

Prima Hotel Group properties in administration >>

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