Barnsley House Hotel falls into administration
The Barnsley House Hotel group, which operates two pubs, has gone into administration.
The group runs the Grade-II listed 18-bedroom Barnsley House Hotel in Barnsley in the Cotswolds and the Village Pub opposite, as well as the Catherine Wheel in the village of Bibury. The business employs a total of 70 full and part-time employees.
"Although the businesses have been trading well despite the pressure on hotels and pubs in the economic climate, the structure of the company is not sustainable and unfortunately can no longer continue," said KPMG joint administrator Jane Moriarty.
"We are currently continuing to trade all three parts of the business as normal whilst we market the business and assets for sale. It is anticipated that all deposits for bookings will be honoured by a new purchaser."
The sale of the businesses will be handled by the Cirencester office of national hotel agents Colliers Robert Barry.
Director Alastair Murchie said: "Hotels of the quality of Barnsley House are available for sale incredibly rarely and this is a tremendous opportunity.
"There is synergy between the hotel and the adjacent Village Pub and we are offering this as an optional extra with the hotel."