The Olde Bell Inn up for sale for £10m

The Olde Bell Inn up for sale for £10m

James Preston

The Olde Bell Inn up for sale for £10m

A historic hotel has been placed on the market for £10m after the company which owns it went into administration.

The Olde Bell, in High Street, Hurley, is one of four hotels around the country to be put up for sale after owner the Dhillon Group went into administration in September last year.

The 48-bedroom inn, which has parts dating back to 1135, remains open and is a popular wedding destination with a turnover of more than £3m per year.

It has already attracted interest from international and London-based investors.

Dominic Mayes, head of hotels at Knight Frank LLP, which has been placed in charge of the sale, said: "It will certainly be sold to be a hotel business again because the business is very successful. It is appealing to a big cross section of buyers."

The AA Five Gold Star inn, which was refurbished in 2008, is being sold alongside the Crown in Amersham, also owned by the Dhillon Group, with investors invited to buy the properties as a pair or individually.

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