TagAdministrators

Administrators put North East seaside hotel up for sale with £1.65m price tag

By Marta Lopez
In Business
3 Min Read
A

A North East hotel has been put up for sale by administrators with a £1.65m price tag. RSM UK Restructuring Advisory LLP’s Lee Lockwood and Gareth Harris, were appointed joint administrators of Hotel 52 (Sea) Ltd, which trades as The Sea Hotel in South Shields, on July 18, triggering a review process to evaluate the options available to creditors. The hotel is remaining open during the process...

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