Swallow Hotels buy the Springfield in Gateshead for around £5m
15 December 2005
Swallow Hotels, part of the London and Edinburgh Inns group, has bought the Springfield hotel in Gateshead, Tyne and Wear.
The 61-bedroom hotel occupies a prominent site fronting the A167 and is around four miles south of Newcastle upon Tyne.
Facilities include a 50-seat bar, a 50-seat conservatory lounge, a 60-seat restaurant, and four conference and meeting rooms. Outside, there is parking space for up to 80 cars.
The Newcastle office of Christie + Co sold the freehold property on behalf of Bill and Malcolm Walker for close to the guide price of £5m.
