Sale of von Essen property agreed

Sale of von Essen property agreed

The latest property run by failed luxury hotel group von Essen has been sold for an undisclosed sum.

The sale of Welsh manor house Ynyshir Hall in Eglwys Fach, Powys - once owned by Queen Victoria – brings the number of hotels sold up to 19 out of the former von Essen portfolio of 28 properties in the UK and France.

Joint administrators at Ernst & Young have agreed the sale of Ynyshir Hall to its prior owners, Joan and Rob Reen.

The remainder of the properties are not in administration and are continuing to trade as usual while the administrators continue to speak to interested parties.

Joint administrator Angela Swarbrick said: “We are very pleased to announce the sale of another property and look forward to announcing further sales in the weeks ahead.”


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