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South Wales Best Western hotel goes into administration

25 August 2011 by
South Wales Best Western hotel goes into administration

The Best Western Mount Sorrel hotel in south Wales has gone on the market after going into administration.

Administrators Smith & Williamson are looking for new owners to take over the AA three-star, 42-bedroom hotel as a going concern. The property, which was recently refurbished, also has a 45-seater restaurant, large bar, three function rooms for up to 240 guests, an indoor pool and a gym.

Gil Lemon, a turnaround and restructuring specialist at Smith & Williamson, said: "We have been appointed by the directors of Martin Willcock, which trades as Best Western Mount Sorrel hotel, to try to sell the hotel as a going concern after it hit severe cash pressures."

The hotel has 31 employees and is independently managed. Smith & Williamson is handling the sale.

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By Emily Manson

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