A popular four-star hotel and wedding venue in south Wales which went into administration last month has been put up for sale. Miskin Manor Hotel and Spa in Pontyclun, which appointed joint administrators on October 19, has been brought to market by property adviser, Christie & Co.
No guide price has been set and offers are invited for the freehold interest in the business, which is currently trading as a going concern. Set within 23-acres of grounds, the Grade-II listed property has had numerous owners over the years, including the Prince of Glamorgan’s daughter and Judge Gwilym Williams, a statue of whom stands outside the national law courts in Cardiff.
In 1985, the property was transformed into the country manor house hotel it is today and has since become one of south Wales’ most popular hotels and wedding venues. The hotel comprises 42 bedrooms, and has conference and events facilities, as well as health club and spa, restaurant, and three helipads.
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Richard Thomas, senior hotel broker at Christie & Co, who is handling the marketing process, said: “This sale represents a once-in-a-generation opportunity to acquire an historically significant and highly regarded Welsh hotel, situated near major demand generators including Cardiff city centre, the ICC and the Welsh countryside.
“With plenty of potential for development of the current business, we have already experienced a high level of interest in the business prior to launching to market and advise any interested parties to get in touch soonest.”
Appointed joint administrators’ Gareth Harris and Diana Frangou of RSM UK Restructuring Advisory LLP said their immediate strategy has been to stabilise the operating position of the hotel to enable it to trade, while it is marketed for sale as a going concern.
A statement released on the hotel’s social media last month apologised for staff having to cancel a number of events at very short notice due to “cash flow pressures” which left some brides in limbo.
Ms Frangou said: “Due to cashflow pressures, the directors took the hard decision to place the company into administration. Regretfully, and since taking on the administration, certain operational difficulties at the hotel have resulted in an unavoidable cancellation of some key events at the venue in the very short term.
“We are extremely sorry for the distress this has caused for all involved. We are seeking to resolve this promptly and to start trading again as soon as possible. We will be in touch with all customers who have bookings to provide further information.”
