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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